-- Nowadays, cyber-attacks are more target oriented and can cause sudden loss of reputation and finance. Using the zero-day malware is very easy for hackers to monetize their attacks. The rise in cyber-attacks in the industrial facilities result in product disruption, damaged equipment, compromised safety and impairment. To protect the industrial environment from all the stages of cyber threat, industrial cybersecurity solutions are designed. To deal with cyber criminals, Government of China have announced laws like Public Internet Security Threat Monitoring, Disposal method and Internet Security Law of People’s Republic of China. Cybercrime is a rising threat to economy of China because of which Government of China has placed strict rules on using foreign IT products in sectors such as banking.
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Trends of Industrial Cybersecurity are:
AI and machine learning can increase cyber defenses: It plays a major role in cybersecurity as it impacts numerous industries. Machine learning models can identify attacks quickly which can be a problem for the hackers.
Ransomware and IoT: Developing devices of IoT for ransom ware will be costly as the number of victims will be very less. They will target smart cars, factory lines and home appliances such as smart ovens, smart fridges and many more.
More sandbox-evading malware: Sandboxing technology is increasingly getting popular for preventing and detecting the malware infections.
Rise in state-sponsored attacks: Rise National level cyber-attacks are extremely important and can cause tremendous disasters which leave lot of aftereffects.
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The market players involved in the market of industrial cybersecurity solutions globally are- Rockwell Automation Inc., Kaspersky Lab, Schneider Electric SE, Cisco Systems, IBM Corporation, Honeywell International Inc., McAfee, ABB Ltd., Maverick Technologies and Bayshore Networks. Geographically, regions playing the role in the industrial cybersecurity market globally are North America, Europe. North America have the largest share of the industrial cybersecurity market.
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The Global and Chinese Industrial Cybersecurity Solution market is expected to rise further through the forecast period of 2018-2023 and players looking to make the most of it can be vastly benefited from what the report has to offer. The SWOT analysis, statistical data, graphs, charts, and tables being presented in the most simplistic format to make it easier for the customers to consume the information is a mainstay of the report; it being equally useful for academicians. The report provides a holistic and birds eye view of the market so that the customers can take the best steps towards realizing their targets and success in the Global and Chinese Industrial Cybersecurity Solution market.
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