The webinar, moderated by Rolf Lumpe, Partner at ISTARI, featured distinguished panelists, including Jonathan Tam, Regional Cybersecurity Governance Officer at Schneider Electric; Lim Minhan, Head of Consulting at Ensign InfoSecurity; and Eran Fine, Co-founder and CEO at NanoLock Security. Together, they explored critical developments in international cybersecurity regulations and compliance trends, focusing on key topics such as protecting critical OT assets, challenges in securing legacy assets, insider threats, and updates on Singapore’s CSA CCoP 2.0 directive. 

The webinar addressed several key areas for building OT cyber resilience:

Protecting Critical OT Assets: The panel emphasized the importance of prevention over detection for maintaining operational continuity, especially for legacy assets. They discussed challenges like asset diversity, evolving threats, and insider threats.

Navigating the Regulatory Landscape: Insights into Singapore’s regulations (CSA CCoP 2.0) were compared to international standards (NIST, NIS2). Achieving compliance requires understanding the nuances and potential gaps between them. The panelists highlighted the need to stay informed about evolving global regulations to ensure both compliance and resilience.

Building OT Cyber Resilience: A multi-layered defense strategy is crucial for OT cyber resilience. This includes employee training, adherence to security standards, and proactive measures. The panel emphasized that regulatory compliance is also vital for business continuity and protecting critical infrastructure.

Securing Legacy Systems: Collaboration is Key: The panel addressed the challenges with securing legacy systems. Strategies like implementing security features (MFA) and enhanced auditing were discussed, emphasizing collaboration with third-party vendors for effective solutions.

Key Takeaways:

• Proactive Compliance: Organizations are encouraged to adopt a proactive approach towards compliance, staying informed about regulatory updates, and implementing robust measures beyond mere tick-box exercises.
• Collaborative Efforts: Collaboration and partnership within ecosystems are essential in addressing cybersecurity challenges and building resilience in critical infrastructure. Sharing knowledge, insights, and practices can help in collectively staying ahead of evolving threats.
• Continuous Improvement: Cybersecurity is an ongoing journey that requires continuous improvement and adaptation to emerging technologies and threats. It is crucial for organizations to invest in people, culture, and technology to ensure compliance and resilience against cyber incidents.

In an era where cyber threats pose increasingly complex challenges to critical infrastructure and industrial systems, it is imperative for organizations to prioritize cybersecurity resilience and regulatory compliance. Proactive compliance, collaboration across ecosystems, and continuous improvement are fundamental in this fight. By adopting these strategies, organizations can effectively mitigate risks and secure their assets in this ever-evolving threat landscape. Our webinar provided invaluable insights and practical strategies to navigate these challenges, empowering organizations to enhance their cybersecurity posture and protect against cyber incidents.

To view the full in-depth discussion, watch the webinar recording here.

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