Business Wire

CA-CYOLO

21.2.2024 14:31:29 CET | Business Wire | Press release

Share
New Research from Cyolo and Ponemon Institute Identifies Significant Gaps in Securing Access to Connected OT Environments

Today, Cyolo, the access company for the digital enterprise, in partnership with Ponemon Institute, released a global study exploring how organizations that operate critical infrastructure, industrial control systems (ICS), and other operational technology (OT) systems are managing access and risk in an era of rising connectivity.

“Our world has become increasingly interconnected, and the findings of this report highlight the vital need for organizations to reevaluate and enhance their strategies for ensuring secure access into OT environments,” said Larry Ponemon, Chairman and Founder of the Ponemon Institute.

The report, “Managing Access & Risk in the Increasingly Connected Operational Technology (OT) Environment,” reveals that many industrial organizations lack the resources, expertise, and collaborative processes to effectively mitigate threats and ensure secure access to OT systems. The report is based on a survey of 1,056 security professionals across the United States and EMEA who work in organizations that run an OT environment and are knowledgeable about their organization’s approach to managing OT security and risk.

Ensuring secure access to OT environments is about more than just cybersecurity. These environments contain highly sensitive systems and critical infrastructure responsible for keeping manufacturing lines running, water and electricity flowing, and performing other tasks vital to the smooth functioning of our communities.

OT systems were historically isolated for security reasons but are now facing increased connectivity to IT networks and the internet (sometimes called IT/OT convergence). At the same time, more third-party vendors and contractors are being given remote access to OT environments. These shifts introduce serious new risks that can leave organizations exposed to safety and security threats if access and connectivity are not properly controlled.

Overall key findings include:

  • Organizations allow dozens of third-party users to access OT environments. 73% permit third-party access to OT environments, with an average of 77 third parties per organization granted such access. Challenges to securing third-party access include preventing unauthorized access (44%), aligning IT and OT security priorities (43%), and giving users too much privileged access (35 percent).
  • Visibility into industrial assets is dismal. 73% lack an authoritative OT asset inventory, putting organizations at significant risk.
  • IT and OT teams share responsibility for OT security but do not communicate enough to achieve optimal outcomes. 71% report that IT or IT and OT together are responsible for securing OT environments. However, collaboration and communication are lacking, with 37% reporting little or no collaboration, and 19% reporting that teams talk about OT security issues only when an incident occurs.
  • Security is seen not only as a goal of IT/OT convergence but also as an obstacle. Reducing security risk is the top objective of companies pursuing IT/OT convergence (59%), and yet one-third (33%) of organizations not pursuing convergence cite security risk as a top factor for their decision.

“We are at a crucial point in the evolution of OT security, and the need to secure access to critical systems from internal and external threats is more urgent than ever. The stakes are exceptionally high, as a breach could jeopardize not just data but also the functioning of critical infrastructure, risking the safety of workers and the environment,” said Joe O'Donnell, Executive Vice President of Corporate Development and General Manager of OT at Cyolo. “This research reveals a pressing need for new approaches, especially in areas like third-party and privileged access, the security of legacy systems, and collaboration between IT and OT teams. Cyolo is dedicated to supporting organizations in navigating these challenges and working towards a secure, resilient future for OT environments.”

Access the full report here.

Register to attend a joint webinar from Cyolo and Ponemon Institute, on Tuesday, March 12 at 11am ET here: Behind the Ponemon Report: Risk & Access Management in the OT Environment.

During this session Dr. Larry Ponemon will share top insights from the research, with industry analysis added by Cyolo’s Joe O’Donnell and Adi Karisik, Global Principal for OT Cybersecurity at Jacobs Engineering.

About Cyolo

Cyolo enables privileged remote operations by connecting verified identities directly to applications with continuous authorization throughout the connection. Purpose-built for deployment in every type of environment, Cyolo’s Remote Privileged Access Management (RPAM) solution combines multiple security functions required to mitigate high risk access, including zero-trust access for users and devices, MFA for the last mile, IdP capabilities, credentials vault, secure file transfer, supervised access, session recording, and much more into a single, cost-effective, easy to deploy, and user-friendly platform.

Consolidate your security stack and experience the power of seamless and secure operations across any application in any environment, from critical infrastructure to cloud. Visit https://cyolo.io/ to learn more.

About Ponemon Institute

Ponemon Institute is dedicated to independent research and education that advances responsible information and privacy management practices within business and government. Our mission is to conduct high quality, empirical studies on critical issues affecting the management and security of sensitive information about people and organizations. We uphold strict data confidentiality, privacy and ethical research standards. We do not collect any personally identifiable information from individuals (or company identifiable information in our business research). Furthermore, we have strict quality standards to ensure that subjects are not asked extraneous, irrelevant or improper questions.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240221222283/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Rubrik Security Cloud Launches on the AWS European Sovereign Cloud8.7.2026 09:00:00 CEST | Press release

The launch will allow highly regulated European Union organisations to meet strict EU data residency requirements Rubrik, the Security and AI Operations Company, today announced the availability of Rubrik Security Cloud on the AWS European Sovereign Cloud, providing the European Union (EU) public sector and highly regulated private organisations with a cloud-native path for sovereign cyber resilience. Organisations increasingly require resilience measures that are sovereign, not just contractually compliant. Rubrik Security Cloud on the AWS European Sovereign Cloud meets this demand. It will allow highly regulated industries, such as banking, utilities, healthcare, and government, to leverage the full power of AWS, while meeting stringent data residency requirements within the European Union (EU). Advanced security features on a fully featured, independently operated sovereign cloud The AWS European Sovereign Cloud is a fully featured, independently operated sovereign cloud backed by s

Wolters Kluwer Brings Libra AI Workflows Into One for Italian Legal Professionals8.7.2026 09:00:00 CEST | Press release

Building on Libra by Wolters Kluwer’s early leadership, strong market momentum and advanced AI innovation in Italy, its capabilities are now directly available in One via the Libra add-in. Wolters Kluwer Legal & Regulatory today announced the integration of Libra by Wolters Kluwer AI workflows in One, its leading legal research platform in Italy. This step further reinforces the strong commercial success and rapid market adoption of the Libra legal AI workspace in the country. With the integration generative AI features are directly available in the research workflow of legal professionals allowing a seamless experience without switching between tools. The integration follows the launch of the Libra legal AI workspace in Italy in February, setting a new benchmark for AI-enabled legal research by combining advanced AI capabilities with authoritative and trusted legal content from One and supporting lawyers across their full workflow, from research to analysis and document drafting. With

Flix and Klarna Expand Partnership to Give Millions of Travelers Across the U.S. and Europe More Ways to Pay8.7.2026 09:00:00 CEST | Press release

Flix and Klarna, the global digital bank and flexible payments provider, today announced an expanded partnership that brings more flexible payment options to millions of travelers across its platforms. Beginning today, Klarna will be available in 21 Flix markets, adding the UK, Germany, Italy, France, Poland, Switzerland, Austria, and Spain, among others, to its existing presence in the U.S. and Sweden. With Klarna now embedded directly into the Flix booking flow, passengers have three new ways to pay: in full at the time of booking, in interest-free installments, or through longer-term financing for larger purchases. For cross-border journeys, Klarna removes foreign exchange fees, letting travelers pay in their local currency with no hidden conversion costs. Klarna users will also receive exclusive deals when booking through Flix platforms. "Travel is one of the biggest spending categories in people's lives, yet flexibility at checkout has lagged behind,” said David Sykes, Chief Comme

Record Launches "Record Amanah" Sharia-Compliant Investment Platform8.7.2026 09:00:00 CEST | Press release

Record Asset Management GmbH (RAM), subsidiary of London-listed Record plc (Record Financial Group), is pleased to announce the launch of Record Amanah, its dedicated platform for Sharia-compliant investment solutions. RAM is the European asset management arm of Record Financial Group, the London-listed specialist investment group managing USD 115 billion of assets on behalf of institutional clients worldwide. Record's client base comprises pension funds, foundations, sovereign institutions and other asset managers, with whom the Group has built long-standing relationships through its focus on bespoke investment and risk management solutions. Headquartered in London, Record has offices in Hamburg, Zurich, Zug, New York, and Hong Kong. The launch follows a series of successful Sharia-compliant transactions completed by Record, most recently for a client in Brunei, and reflects growing demand from institutional investors seeking investment opportunities that combine attractive risk-adjus

Axelspace’s Seven GRUS-3 Earth Observation Microsatellites Successfully Launched and First Signals Received8.7.2026 07:00:00 CEST | Press release

Axelspace Corporation (“Axelspace”), a leading developer and operator of microsatellites dedicated to realizing its vision of “Space within Your Reach,” announced that the seven GRUS-3 next-generation Earth observation microsatellites were successfully launched and that the first radio signals were successfully received. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707291751/en/ The successful launch of Falcon 9 ©SpaceX GRUS-3 was integrated via Exolaunch and launched aboard a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California, USA, on July 7, 2026 at 07:12 (UTC) during the Transporter-17 rideshare mission. The satellites were successfully put into their intended orbit. Axelspace received the first radio signals from all the seven satellites in orbit. The satellites are currently operating normally. Axelspace is working toward completing the critical operation of the GRUS-3 microsatellite to ensure pr

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye