Trend Micro research reveals lack of IT-OT collaboration is holding back security projects

HONG KONG SAR - Media OutReach - 30 March 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cybersecurity, today revealed that most (61%) manufacturers have experienced cybersecurity incidents in their smart factories and are struggling to deploy the technology needed to effectively manage cyber risk.

Trend Micro commissioned independent research specialist Vanson Bourne to conduct an on-line survey with 500 IT and OT professionals in the United States, Germany and Japan and found that over three-fifths (61%) of manufacturers have experienced cyber incidents, with most (75%) of these suffering system outages as a result. More than two-fifths (43%) said outages lasted over four days.

These findings and more can be found in the report, "The State of Industrial Cybersecurity: Converging IT and OT with People, Process, and Technology." A full copy of the report can be found at https://resources.trendmicro.com/Industrial-Cybersecurity-WP.html.

"Manufacturing organizations around the world are doubling down on digital transformation to drive smart factory improvements. The gap in IT and OT cybersecurity awareness creates the imbalance between people, process and technology, and it gives bad guys a chance to attack." said Akihiko Omikawa, executive vice president of IoT security for Trend Micro. "That's why Trend Micro has integrated IT and OT intelligence and provides a comprehensive solution from the shop floor to the office. We're helping put visibility and continuous control back in the hands of smart factory owners."

The results from all three countries showed that technology (78%) was seen as the biggest security challenge, although people (68%) and process (67%) were also cited as top challenges by many respondents. However, fewer than half of the participants said they're implementing technical measures to improve cybersecurity.

Asset visualization (40%) and segmentation (39%) were the least likely of cybersecurity measures to be deployed, hinting that they are the most technically challenging for organizations to execute. Organizations with a high degree of IT-OT collaboration were more likely to implement technical security measures than those with less cohesion. There was a particularly big gulf between organizations with high IT-OT collaboration verses those with little to no IT-OT collaboration in the use of firewalls (66% verses 47%), IPS (62% verses 46%) and network segmentation (54% verses 37%).

Standards and guidelines were cited as the top driver for enhanced collaboration in the United States (64%), Germany (58%) and Japan (57%). The National Institute of Standards and Technology's (NIST) Cyber Security Framework and ISO27001 (ISMS) were among the most popular guidelines.

The most common organizational change cited by manufacturers in all three countries was appointing a factory Chief Security Officer (CSO).

Trend Micro recommends a three-step technical approach to securing smart factories and keeping their operations running:

1) Prevention by reducing intrusion risks at data exchange points like the network and DMZ. These risks could include USB storage devices, laptops brought into a factory by third parties, and IoT gateways.

2) Detection by spotting anomalous network behavior like Command & Control (C&C) communication and multiple log-in failures. The earlier the detection, the sooner attacks can be stopped with minimal impact on the organization.

3) Persistence is crucial to protect smart factories from any threat that has evaded prevention and detection stages. Trend Micro TXOne Network's industrial network and endpoint security solutions are purpose-built for OT environments. They work at a wide range of temperatures and are easy to use with minimal performance impact.

To find out more about Trend Micro's security solutions for smart factories, please visit trendmicro.com/en_hk/business/solutions/iot/smart-factory.html.

About Trend Micro

Trend Micro, a global leader in cybersecurity, helps make the world safe for exchanging digital information. Leveraging over 30 years of security expertise, global threat research, and continuous innovation, Trend Micro enables resilience for businesses, governments, and consumers with connected solutions across cloud workloads, endpoints, email, IIoT, and networks. Our XGen™ security strategy powers our solutions with a cross-generational blend of threat-defense techniques that are optimized for key environments and leverage shared threat intelligence for better, faster protection. With over 6,700 employees in 65 countries, and the world's most advanced global threat research and intelligence, Trend Micro enables organizations to secure their connected world. www.trendmicro.com.hk