21 Feb Scalable cyber-attacks represent major threat to Middle East
During the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, Robert M. Lee, CEO and Co-founder of Dragos Inc said that 2022 was the year that cyber-threats began to develop in ways to target industrial control systems in all sectors.
PIPEDREAM, a new variation of malware, has the ability to cripple infrastructure globally, due to its capability of fast-paced, sophisticated and expandable attacks.
Lee suggested that technology leaders must dedicate themselves to the challenges and unique tasks of OT, simply imitating IP strategies, as has been done in the past, will cause a massive failure in the protection of industrial systems.
Lee did however, praise the region for its advanced position (in relation to other countries in the world stage), stating that the Saudi government are aware of the importance of cybersecurity and prioritising industrial control systems (ICS) and their operational technologies (OT).
“The Kingdom has an advanced vision regarding this issue and the necessary measures to protect society from cyberattacks.”
If Saudi continues to invest in cybersecurity technologies, then PIPEDREAM and other malware – no matter how advanced, will struggle to deal long-lasting damage.