ARC says Cyber Security Market Driven by Risk |

ARC says Cyber Security Market Driven by Risk

May 19, 2010: The Industrial Control System (ICS) market is driven by not only business risk but also by safety and environmental concerns. In addition, national risks are becoming more of a concern and entering the risk equation in the form of regulations, compliance, and the possibility of financial penalties.

“ICS cyber security is extremely dynamic, requiring constant attention and quickly bringing today’s practices in question. This, along with growing adoption of corporate IT security components for ICS, will assure a steady market growth,” according to VP of Emerging Technologies Bob Mick, the principal author of ARC’s “ICS Cyber Security Worldwide Outlook.”

ICS Cyber Security Solutions – A Complex Mix
There are significant factors that make ICS cyber security difficult for suppliers as well as end users. An ICS cyber security solution is not a single product; instead it is a combination of architecture, practices, behavior, security components – both hardware and software – and 3rd party services. Of course, there are many possible solutions to this puzzle, with different costs. Some “best practices” have surfaced, but actual solutions must take into account business situation and risk.

of the components (firewalls, antivirus, etc.) that comprise an ICS cyber security solution have been researched by others from a product perspective. These studies are too general to use during ICS related planning. ARC’s research approaches security from an ICS perspective only and is based on ARC’s extensive ICS market database. The intent was to stimulate increased attention and investment in developing innovative ICS cyber security solutions and best practices.

National Risks Make ICS Cyber Security a Global Issue
Businesses have been steadily increasing the security of their ICS systems through the adoption of selected, off-the-shelf, corporate IT security components. Firewalls and antivirus software are now common, bringing the industry to a base level of protection. However, recent increases in international criminal activity and even suspicions of government involvement are raising the bar again. This will account for steady market growth overall, and more rapid growth in some industries.

About ARC: Founded in 1986, ARC Advisory Group is the leading research and advisory firm for industry. Our coverage of technology from business systems to product and asset lifecycle management, supply chain management, operations management, and automation systems makes us the go-to firm for business and IT executives around the world. For the complex business issues facing organizations today, our analysts have the industry knowledge and first-hand experience to help our clients find the best answers.
Did you Enjoy this Article?

Check out our free e-newsletters
to read more great articles.

Subscribe Now
Back to top
Posted in:
Related Portals: