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In the age of rising digitalization and Industry 4.0 initiatives, the quest to maintain the highest security possible is ongoing. The global ICS cybersecurity market is witnessing steady growth, with companies focused on enhancing the security and resilience of critical industrial assets.
Industrial companies seek to secure and optimize their Operational Technology (OT) networks (such as Industrial control systems (ICS) and in particular, supervisory control and data acquisition (SCADA) systems) that are used throughout their critical infrastructures. However due to the inherently insecure nature of the OT networks (insecure ICS protocols, weak authentication), due to the rise of the Industrial Internet (where OT networks have become increasingly connected), and due to vendor remote access by contractors for maintenance activities these automation systems have become increasingly vulnerable and are therefore increasingly at risk of targeted cyber-security threats and attacks. Any malicious presence on the OT network or security threat/high-risk changes made to OT networks represents high-level risk involving loss of lives and critical services, destruction of property, and downtime of an entire plant.
There are not only security challenges but also operational challenges. There is no common view or visibility of assets across an entire OT network environment and traditional IT security monitoring products do not provide the required visibility. Part of the challenge stems from the fact that without a complete active inventory of assets on the network there is no way for companies to constantly monitor the behavior of these assets.
Therefore the need for ICS Cybersecurity has evolved tremendously over the last two years with the increasing number of novel attacks on critical infrastructure. Industrial companies seek the most advanced cybersecurity technology to safeguard their critical infrastructure and this calls for real-time threat monitoring or constant monitoring of ICS network traffic.
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar 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. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
The companies we have included in this radar are: AppliedRisk, Bayshore, Claroty, CyberX, Cyberbit, Darktrace, Dragos, Forescout, Fortinet, Indegy, Nozomi Networks, PAS, Radiflow, Sentryo, Waterfall Security
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