Against the backdrop of a slowed economy and an increasingly volatile market, digital transformation in mining companies has become a business imperative to drive efficiencies, optimise competitiveness and reduce risks associated with human error. This shift, which brings the convergence of operational technologies (OT) and IT, creates new cyber security challenges for mining enterprises and calls for proactive strategies to manage these risks.
“A combination of market volatility, rising costs and changing global demand are driving a shift in the mining industry. As with most industries, mining companies are increasingly looking for ways to leverage technology to improve the efficiency of their operations and reduce their operational risks. Most of our mining clients have collapsed their IT and OT under one management structure.
“While mining companies must ensure that their OT and IT systems are effectively aligned to create value, they must have stringent measures in place to manage the cyber security-related risks associated with this convergence. As mining was one of the highest cyber-attacked industries in 2019 (1), it is crucial to make sure the convergence…
