A Unified Approach to Managing Risk for Process Safety and Cybersecurity

Summary

Innovation often happens when different disciplines share knowledge.  We’re seeing this today with increased interactions between the risk management, industrial cybersecurity, and process safety disciplines.  Risk-based approaches are at the heart of the process safety lifecycle and end users are becoming increasingly interested in applying these same principles to cybersecurity in industrial process environments.  The cyber threat environment for end users is becoming increasingly complex.  Leading industrial organizations understand that they require key performance indicators for risk that address both their operational and cybersecurity requirements. 

At the same time, the Industrial IoT and digital transformation are providing end users with unprecedented access to millions of previously unavailable data points. Turning this data into useful information, however, is another matter. Information must be provided to the right people, when they need it, in context, and in a way that is both easy to understand and actionable. 

ARC Advisory Group recently met with PAS, a provider of process safety, cybersecurity, and asset reliability solutions, to…