The evolving role of CISO and digitization

 The evolving role of CISO and digitization 

  The Emerging Role of CISO and Digitization

By Robin Whitehead, Managing Director of Boulting Technology

It is a simple fact that data is driving the modern economy. It is the first company built on intelligence derived from critical information to give companies a significant competitive advantage. However, it quickly becomes the fact that the same data is being targeted by experienced cybercriminals who want to damage the infrastructure.

This article explains how this impacts on the role of the Chief Information Security Officer (CISO) and a consequence of the need for end-to-end digitalization.

Demanding Cyber ​​Attacks

With the world facing attacks such as WannaCry, Petya and NotPetya in 2017, cyber threats are the greatest modern technological fear. Although sectors such as financial services are the most vulnerable, there have also been numerous attacks on utilities, the oil, gas and food industries in recent years.

On June 27, 2017, confectionery maker Cadbury was hit by a cyber-operator attack that stopped production at its Hobart factory in Australia. Computers were infected with the Petya Ransomware virus and displayed a message requesting payment in cryptocurrency.

Later that same day, NotPetya - a variant of the Petya virus - destroyed facilities across Europe. NotPetya uses a back door in the update system of a Ukrainian tax-authoring program, which runs on Windows and is used by around 80 percent of all Ukrainian companies.

The New CISO

So it should come as no surprise that the advice of IT and security experts is now sought at the highest level. The role of Chief Information Security Officer (CISO) also changes in response. As head of IT security, CISO has traditionally been responsible for compliance with ISO standards and compliance with ISO standards, as well as conducting risk assessments for IT security and ensuring the company's latest technologies.

Increasing CISO It must also drive IT security and strategy, leading everyone from manufacturing staff to senior officials to best prevent cyber-attacks. The modern CISO now sits at the meeting table, ensuring business continuity whenever possible.

End-to-End Digitalization

For industrial companies, this change can not be made early enough. The desire to integrate manufacturing networks with the outside world and capitalize on the increased use of smart data results in increased efficiency in sectors such as food and beverage, automotive and utilities. At the same time, they are vulnerable to attacks that can lead to longer downtime.

One reason is that many companies have traditionally been in silos with information technology (IT) and operations technology (OT) experts who historically were not focused on the same goals and outcomes. However, as we increasingly use more devices connected to the Internet, such as: For example, PLCs, HMIs, intelligent engine control centers, and smart meters that route millions of data points to centralized and often remote SCADA and ERP systems, it becomes critical to have a common approach to industrial operation. End-to-end digitization through cue.

For many organizations, replacing hardware and software to enable features such as real-time cloud data, analysis, and centralized control of all aspects of their operations is neither cheap nor fast.

After all, most plant managers have built up a complex system over many years and have retrofitted new components and modules into existing plants. This leads to end-to-end digitalization, which evolves from fragmented system control, maintenance, and upgrade to a holistic approach that includes system-wide analytics that provide viable insights for improving process efficiency.

Find that cyberattacks are a normal part of the business, follow the advice of your CISO and rethink your end-to-end digitization strategy.

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2018-12-07 21:16:25
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