Ungated Post | 19 Mar 2018
Internet of Threats
The rapid rise of the Internet of Things (IoT) demands a new look at security. With network vulnerabilities and the potential for industrial process interruption, companies need to develop new strategies to mitigate and manage cyber-risks.
The IBM Institute for Business Value Benchmarking Program worked with Oxford Economics to understand how organizations:
- Identify and protect themselves against the cybersecurity risks posed by deploying the Internet of Things (IoT) in their operations/ factories
- Detect, respond to, and recover from IoT related cyber-security incidents, and
- Measure the effectiveness of their risk and incident management capabilities.
We surveyed 700 executives in 20 countries across 18 industries in the industrial and energy and utilities sectors, who:
- Have deployed or are in the process of deploying the IoT in their factories/ operations;
- Have a point of view on security; and
- Are using an Industrial Control System (ICS) and/or Supervisory Control and Data Acquisition (SCADA) system in their operations.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
Related Services
Post
Zalando’s Economic Impact on the European Economy
Oxford Economics was commissioned by Zalando to produce an assessment of the company’s economic impact. The report, “The Economic Impact of Zalando in Europe” highlights Zalando's significant contributions to the European economy in 2023.
Find Out More
Post
The Economic Impact of the British Army
This study, commissioned by the British Army, assesses both the long-term contribution the organisation makes to the UK's productive capacity and its UK economic footprint in 2023/24.
Find Out More
Post
Economic Impact of Virgin River Season Five in British Columbia
This study, commissioned by the Motion Picture Association (MPA) – Canada, focuses on the production of the fifth season of the show "Virgin River", and analyzes its total economic impact in British Columbia in 2022. The study also considers the wider impact of the show by boosting film-induced tourism and promoting the local film industry.
Find Out More