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A modern network must be able to respond easily, quickly and flexibly to the growing needs of today’s digital business. Must provide visibility & control of applications, users and devices on and off the network and Intelligently direct traffic across the WAN. Be scalable and automate the process to provide new innovative services. Support IoT devices and utilize state-of-the-art technologies such as real-time analytics, ML and AI. And all these must be provided with maximum security and minimum cost.

This is the power that brings the integration of two cloud managed platforms, Cisco Meraki and Cisco Umbrella. This integration is binding together the best of breed in cloud-managed networking and Security. cisco.com devices in the industrial sector drives the demand for cloud-based security solutions. Cloud-based security solutions offer advantages such as threat detection, policy enforcement, and flexible architecture, which drive their adoption. The endpoint security segment is expected to account for the largest share of the market, while the industrial manufacturing segment is projected to account for the largest share of the end-user segment.

North America is expected to account for the largest share of the industrial cybersecurity market in 2023 due to increasing government initiatives, growing advanced technologies, and rising cyber attacks in the industrial sector. The report also covers the key players operating in the market, including Fortinet, Cisco Systems, and IBM Corporation, who are collaborating with various organisations to provide enhanced cloud-based security solutions, creating growth opportunities for the market.

What is in the Dragos 2022 Year in Review

An evolving landscape of threats

The world is seeing an evolving landscape of threats and opportunities to tackle them, according to DXC Technology, and 2023 will be another busy year for the global cybersecurity industry.

“If someone were to tell you that duelling AI bots, rogue avatars and digital warfare would be a staple of 2023, you might not want to leave the house,” says Mark Hughes, President of Security at DXC. “But then cybercriminals are also expected to target critical infrastructure that could see your lights go out at any moment, so the cyber threat could reach you there, too.”

But the fact is that the rate of cyberattacks is increasing, says Hughes.“There are currently over two million of them per year with an estimated economic cost of US$10.5 tn worldwide by 2025 – up from US$3tn in 2015 and growing 15% per year.”

DXC has forecast five ways the digital security landscape will impact life and business in 2023 and beyond.

The cybersecurity arms race will accelerate Cybercriminals and cybersecurity professionals will use AI in an increasingly sophisticated battle of wits. In the case of cybersecurity defence, AI has been mainly used to identify patterns of suspicious behaviour. Due to the volume of suspicious activity and the number of false positives, cybersecurity staff are often overwhelmed.

The good news is that in 2023 and beyond, we should be able to start automating AI-based security controls and response mechanisms – helping to react faster and more accurately to cyberattacks, reducing possible downtime and protecting personal and business-critical data.

"While AI can automate threat detection and elimination, the underlying processes are based on an understanding of past activity, which will incentivise cybercriminals to come up with new types of attacks," says Hughes. "Keeping pace will be a challenge, especially if quantum computing enters the fray in the coming years, which could see today's defences breached in seconds."

Watch your wallet in the metaverse

This year is set to be essential for the metaverse, with Meta, Microsoft, Virbela and others counting on virtual worlds going mainstream. However, activity in the metaverse can raise questions around identity; how do you know that the person you think you are talking to is who they say they are? Digital certificates, perhaps built on the blockchain, could help. These certificates could also be used to secure virtual transactions in the metaverse. What is clear is that as the metaverse expands, so too will the risks.

Geo-political cybersecurity attacks will increase

Russia's attack on Ukraine has reminded us in the starkest way possible that warfare is now hybrid and the risks of geopolitically motivated cyberattacks are real.

As a result, many cyber insurance policies are now being written to exclude acts of cyberwar, creating challenges for cyber risk mitigation.

With lingering geopolitical tensions, this threat is set to continue in 2023. In fact, with more than 70 countries due to hold government elections in 2023, it will be a challenging year for cybersecurity defences, as these are events frequently targeted by statesponsored actors. However, businesses can learn from case studies such as Ukraine's 'exemplary' defence against Russian cyberattacks, say researchers.

Cybersecurity attacks will target critical infrastructure

When the lights go out, or the gas is cut, most people are unlikely to think it results from an industrial cybersecurity breach. But Operational Technology (OT) is an

Ransomware risks are growing

Ransomware is cited as the top financial and operational risk to industrial organisations in the 2022 Dragos ICS/OT Cybersecurity Year in Review, which attempts to provide an on-the-ground understanding of what is happening in the industrial space.

The sixth edition of Dragos’s comprehensive report contains the latest threat intelligence on adversary activity targeting operational technology (OT) and recent ICS-specific malware discoveries.

Out of the 57 ransomware groups targeting industrial organisations and infrastructures, Dragos observed, through public incidents, network telemetry, and dark web resources, that 39 groups were active in 2022.

Dragos identified 605 ransomware attacks against industrial organisations in 2022, an increase of 87% over last year.

Manufacturing claimed the highest share, a staggering 72%, but ransomware attacks spanned many industries, including food and beverage, energy, pharmaceuticals, oil and gas, water, mining, and metals.

$49.53bn Estimated value of the global industrial cybersecurity market by 2030, according to Meticulous Research emerging battleground for cyberattacks, with the systems that control and automate factories and civil infrastructure, including power stations and dams, becoming a target.

With ongoing geopolitical tensions, the OT cyber threat will grow in 2023, putting pressure on industries to stay one step ahead by enforcing cybersecurity protection across their operations.

Career opportunities in cybersecurity will grow

There is an estimated global shortfall of around 3.4 million cybersecurity workers. With growing threats from advanced technologies, this number is likely to increase.

The cyber skills gap creates career opportunities for people of all ages and backgrounds. In the UK, for example, there are currently approximately 1,000 cybersecurity opportunities for graduates listed on the GradCracker careers portal.

But it's not just graduates who can benefit. Many companies offer the chance for people to retrain in cybersecurity. "The inclusivity of the cybersecurity space extends to neurodiversity," says Hughes. "For example, DXC's Dandelion Program helps individuals with autism, ADHD, dyslexia, and other neurological conditions to build careers in IT, including cybersecurity. The growth of the cyber threat creates career opportunities for people of all backgrounds."

Cyber threats will continue to increase in speed and complexity during 2023 and beyond, but so will the ability to apply the latest technologies, approaches and talent to tackle them. "The cybersecurity arms race is an apt analogy – the right side must win," says Hughes.