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Emerging Technology Risk: Cloud, IoT and OT

Emerging technology · 1 min read

Technologies and their risks

Matrix of cloud, IoT, OT, blockchain, RPA and quantum computing with key risks and typical controls.

Cloud shared responsibility

Shared responsibility for IaaS, PaaS and SaaS: data, users and access are always the customer's job.

Assessing before adoption

  • What business need does it serve?
  • What data and processes will it touch?
  • What new threats and dependencies does it bring?
  • Do we have the skills to run it securely?
  • Is the risk within appetite, and who owns it?

Example. A manufacturer planned to connect plant controllers to the cloud for analytics. The risk assessment showed a compromise could stop production lines. The design was changed to a one-way data flow from OT to the cloud.

How the exam asks about it

If the question asks…The answer is usually…
MOST common cause of cloud breachesCustomer misconfiguration
Main concern when connecting OT to ITPhysical and safety impact
BEST control for IoT devicesInventory and network segmentation
FIRST step with a new technologyAssess the risk before adoption

In short

  • Every new technology brings opportunity and characteristic risks; assess them before adoption.
  • Cloud risk centres on shared responsibility, misconfiguration and concentration.
  • IoT devices are often weak, hard to patch and numerous; inventory and segment them.
  • Operational technology failures can cause physical and safety harm; changes need special care.
  • Quantum computing is a future threat to public-key cryptography; planning starts with a crypto inventory.

Exam traps

  • Assuming the cloud provider handles all security.
  • Connecting OT systems to corporate networks without assessing safety impact.
  • Letting IoT devices onto the network without inventory or segmentation.
  • Ignoring long-term risks such as quantum because they seem distant.

Slides

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CRISC · Domain 4 · Emerging technology

Emerging Technology Risk: Cloud, IoT and OT

The characteristic risks of cloud, IoT, operational technology and other emerging technologies, and how the risk practitioner assesses them before and after adoption.

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