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February 2, 2022updated 31 Jan 2022 10:41am

Cybersecurity innovation among mining industry companies dropped off in the last quarter

Research and innovation in cybersecurity in the mining industry operations and technologies sector has declined in the last quarter – but remains higher than it was a year ago.

By Data Journalism Team

Research and innovation in cybersecurity in the mining industry operations and technologies sector has declined in the last quarter – but remains higher than it was a year ago.

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The most recent figures show that the number of patent applications in the industry stood at 11 in the three months ending November – up from 10 over the same period last year.

Figures for patent grants related to followed a different pattern to filings – stagnating from 11 in the three months ending November last year to 11 this year.

The figures are compiled by GlobalData, which tracks patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.

The figures also provide an insight into the largest innovators in the sector.

Honeywell International Inc was the top cybersecurity innovator in the mining industry operations and technologies sector in the last quarter. The company, which has its headquarters in the US, filed six related patents in the three months ending November. That was up from zero over the same period last year.

It was followed by the South Korea-based POSCO with four patent applications, Sweden-based Atlas Copco AB (4 applications), and the US-based Caterpillar Inc (3 applications).

Related Companies

Free Whitepaper
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Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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