Industrial networks face an unprecedented security crisis. With 78% of industrial network devices having known vulnerabilities (including 46% running deprecated firmware that can't be patched and 32% operating with unpatched vulnerabilities) and 83% of OT leaders reporting security breaches in the past three years, the threat landscape has never been more dangerous. Yet only 30% of organizations report 100% visibility of their OT systems, while 62% have visibility of three quarters of their systems, leaving most with critical blind spots across their infrastructure. The situation is accelerating: 73% of organizations experienced OT intrusions in 2024 alone, up from 49% the previous year. The financial impact is staggering, with 45% of organizations reporting losses exceeding $500,000 and 49% experiencing more than 12 hours of operational downtime.
The scale of this challenge is reflected in market projections: the global OT security market is expected to grow from $27 billion in 2025 to $122 billion by 2034. With 24% of organizations forced to shut down operations due to cyberattacks and 75% of OT attacks beginning as IT breaches, organizations can no longer afford visibility gaps or fragmented security approaches.