GE-owned Wurldtech, a provider of cyber security products and services for operational technology (OT) environments, announced new services this week designed to help customers protect their industrial networks from cyber threats.
According to Wurldtech, the new industrial managed security services (iMSS) offering provides real-time visibility, threat detection and remediation through an integrated OT security service that combines security monitoring and management, incident response and threat intelligence.
Wurldtech, which was acquired by General Electric in 2014, says that iMSS utilizes OpShield, a platform launched by the company earlier this year, which was designed specifically for operational environments, such as oil & gas, power generation, transportation and other industries. The platform leverages an Intrusion Prevention System and Intrusion Detection System (IPS/IDS), and provides application visibility & control to protect control systems, critical assets and other embedded/connected devices.
With the new service offerings, Wurldtech aims to help industrial organizations address the threats associated with OT environments being interconnected to different networks, including IT and business networks, broader communication platforms, direct-to-internet transmission frameworks and cloud services.
“The connectivity of these networks introduces more risk to the OT environment, which can require 24-7 monitoring for threats,” said Paul Rogers, President & CEO of Wurldtech and General Manager of GE Industrial Cyber Security.
Rogers claims that these types of threats cannot properly be addressed by traditional IT security solutions currently on the market.
Wurldtech says iMSS is currently being rolled out across GE’s “Brilliant factories” in the oil & gas, power, transportation and aviation sectors in both the U.S. and Europe.
According to research from MarketsandMarkets, the global Industrial Control System (ICS) Security Market is estimated to grow from $7.82 billion in 2014 to $11.29 billion by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 7.6% from 2014 to 2019.
North America is expected to be the biggest market on the basis spending and adoption for ICS security solutions, and MarketsandMarkets expects that increasing energy markets in developing economies and increased deployment of ICS infrastructure will further enhance the growth of the overall market.
Related: Learn more about critical infrastructure cyber security at SecurityWeek’s ICS Cyber Security Conference.