In a strategic partnership, WAGO, a leader in electrical interconnection and automation technology, and Radiflow, an OT cybersecurity specialist, have joined forces to enhance the resilience of critical infrastructure and industrial environments against cyber threats. Their collaboration aims to provide comprehensive OT security solutions tailored to the specific needs of various markets such as smart factories, buildings, and energy.
The global OT (Operational Technology) Security market is experiencing robust growth, driven by the increasing prevalence of cyber threats against critical infrastructure, industrial control systems, and SCADA networks. The market is expected to grow at a CAGR of 15.97% during the forecast period (2023-2027). OT security solutions play a crucial role in safeguarding smart infrastructure from malicious actors and ensuring the resilience of industrial environments.
