The report shows OT/IoT cybersecurity entering a more complex, high-risk phase driven by converging IT/OT/IoT systems, rising geopolitical threats, and AI-enabled attacks. Credential-focused techniques like adversary-in-the-middle and brute force dominate, while transportation, manufacturing, and government are top targets. Malware is led by trojans and RATs, with botnets exploiting default credentials at scale. Nearly half of vulnerabilities are high/critical, and wireless exposure remains a major blind spot with weak authentication and limited protection. Ransomware and state-linked actors continue to grow, emphasizing persistent access over disruption. The key takeaway is a shift toward systemic risk, requiring real-time visibility, AI-driven detection, risk-based vulnerability management, and stronger governance across connected environments.

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