Loading…
This event has ended. Visit the official site or create your own event on Sched.
Welcome to the Interactive Agenda for SecurityWeek’s 2021 APAC ICS Cyber Security Conference! (View the full conference website and register for the conference here)   -- LOGIN TO VIRTUAL EVENT HERE
Back To Schedule
Tuesday, June 22 • 1:30pm - 2:00pm
Targeted Ransomware requires New Approaches to OT Cyber Risk Management

Sign up or log in to save this to your schedule, view media, leave feedback and see who's attending!

Targeted ransomware has emerged as a major threat to industrial operations / OT systems. The Colonial Pipeline and JBS shutdowns are only the latest incident - in 2020, 53 industrial sites were shut down by targeted ransomware. The trend is likely to worsen - today's targeted attacks use tools and techniques comparable to those used exclusively by nation states only a half decade ago.
 
Operational Technology (OT) cyber risk manages cyber threats to physical operations. Some enterprise security mechanisms are very costly to apply in OT systems because of extended safety, equipment protection and other OT risk management programs. We see emergency risk avoidance mechanisms which are unique to the OT space, but are under-utilized by enterprise risk management and security practitioners.
 
This presentation highlights three such innovative cyber risk management approaches and examines their effectiveness against the pervasive threat of targeted ransomware with particular attention on the operations risk. The presentation will outline a simple and robust approach to managing OT cyber risks, including Security PHA Review (SPR), Consequence-Driven, Cyber-Informed Engineering (CCE), and Secure Operations Technology (SEC-OT). Secure sites in the industry are improving protection for their operations by cherry-picking techniques from these new methodologies. Join us for a whirlwind tour of trends in OT and industrial operations attacks and defenses.

Speakers
avatar for Michael Firstenberg

Michael Firstenberg

Director of Industrial Security, Waterfall Security Solutions
Mike Firstenberg is the Director of Industrial Security for Waterfall Security. Mike brings two decades of experience in Process Control Security, specializing in Control System Cyber Security. The former chair of the American Water SCADA Council, Mike studied Computer Science, Chemical... Read More →


Tuesday June 22, 2021 1:30pm - 2:00pm GMT+08