Cyber Security Attacks Spike Industry and Governmental Concern

Oct. 21, 2013
ARC Advisory Group Predicts a Promising Future for Cyber Security Product and Service Providers

The demand for cyber security products and services continues to grow, and is predicted to have an even more promising future, according the "Industrial Cyber Security Global Market Research Study," from ARC Advisory Group.

An increase in security concerns surrounding facilities along with more government influences are responsible for the growing demand. Greater supply of product consolidations, expanded services and a shift from emerging to mature market players is also influencing demand.

The study suggests anyone involved in protecting critical company assets be aware and understand new developments in the cyber security marketplace because there are a variety of continual technological and organizational decisions to be made that can have devastating consequences if mistake are made.

Examples such as Stuxnet and Shamoon cyber attacks have increased industry and governmental concern on the security of their critical infrastructure. Companies are learning that even the most secure systems are vulnerable to cyber attacks. Industrial organizations are some of the largest victims of cyber crime and cyber warfare.

Sponsored Recommendations

2025 State of Technology Report: HMIs, IPCs and Enclosures

Industrial manufacturing equipment often relies on human-machine interfaces, industrial PCs and enclosures to ensure system reliability and optimal performance. These components...

Custom Encoder Created for Large Rotational Applications

Large rotational applications like MRI machines, excavators, mobile equipment, forklifts and stagecraft require precise motion feedback for optimal performance, safety and efficiency...

See How One Company Customized Motion Feedback for Material Handling Applications

Encoders can be used in material handling on sorters, conveyors, in automated storage retrieval systems, on mobile equipment, automated mobile robots and more. See how one company...

Absolute vs Incremental Encoders: Which One Does Your System Need?

The right encoder makes all the difference. Incremental encoders are perfect for tracking speed and direction in dynamic motion. Absolute encoders? They remember exact positioning...