+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Industrial Cybersecurity, 2021: Frost Radar Report

  • ID: 5483310
  • Report
  • October 2021
  • Region: Global
  • 45 Pages
  • Frost & Sullivan
A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

FEATURED COMPANIES

  • Applied Risk
  • Darktrace Industrial
  • Fortinet
  • Kaspersky
  • PAS (Hexagon)
  • Tenable

The need for industrial cybersecurity is the result of 2 significant trends: increasing connectivity of all assets and digital transformation initiatives. Information technology (IT) and operational technology (OT) convergence are good but it has its risks because of substandard security frameworks. Connectivity exposes organizations and infrastructure to attacks that have grown tremendously over the last few years (the most obvious and recent is the pervasiveness of ransomware).


During the early months of the COVID-19 pandemic, industrial cybersecurity vendors extended security to employees who needed access to critical infrastructure from anywhere. As employees continue to return to offices/facilities, vendors must maintain the security of devices that have not been under the organization’s security umbrella for almost a year.


The Biden administration has been proactive with initiatives to upgrade inadequate systems: the US Department of Energy, for example, started a 100-day plan to improve cybersecurity in utilities’ industrial control systems to secure the energy sector. Vendors expect new regulations in other industries as well and note that heightened awareness and government actions are dramatic changes from even 6 months ago.


Vendors at one time were either OT-centric (focused on such things as programmable logic controllers, and intelligent electronic devices) or IT-centric, but now more have adopted an Internet of Things mindset and differentiate themselves based on their ability to cover both IT and OT domains/environments.


The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. The publisher analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned.


Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Applied Risk
  • Darktrace Industrial
  • Fortinet
  • Kaspersky
  • PAS (Hexagon)
  • Tenable

1. Strategic Imperative and Growth Environment


  • Strategic Imperative
  • Growth Environment

2. Frost Radar


  • Frost Radar: Industrial Cybersecurity Market
  • Frost Radar: Competitive Environment

3. Companies to Action


  • Applied Risk
  • Bayshore Networks (OPSWAT)
  • Cisco (Sentryo)
  • Claroty
  • Darktrace Industrial
  • Dragos
  • Forescout Technologies
  • Fortinet
  • ICsec S.A.
  • Industrial Defender
  • Kaspersky
  • Microsoft (CyberX)
  • Nozomi Networks
  • PAS (Hexagon)
  • Radiflow
  • SCADAfence
  • Tenable
  • Tripwire
  • Verve Industrial

4. Strategic Insights


5. Next Steps: Leveraging the Frost Radar to Empower Key Stakeholders


  • Significance of Being on the Frost Radar 
  • Frost Radar Empowers the CEO’s Growth Team
  • Frost Radar Empowers Investors
  • Frost Radar Empowers Customers
  • Frost Radar Empowers the Board of Directors

6. Frost Radar Analytics


  • Frost Radar: Benchmarking Future Growth Potential
  • Legal Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Applied Risk
  • Bayshore Networks (OPSWAT)
  • Cisco (Sentryo)
  • Claroty
  • Darktrace Industrial
  • Dragos
  • Forescout Technologies
  • Fortinet
  • ICsec S.A.
  • Industrial Defender
  • Kaspersky
  • Microsoft (CyberX)
  • Nozomi Networks
  • PAS (Hexagon)
  • Radiflow
  • SCADAfence
  • Tenable
  • Tripwire
  • Verve Industrial
Note: Product cover images may vary from those shown