The Cyber Security threats the Manufacturing Industry faces
The manufacturing industry is facing a substantial increase in cyber attacks, with last year’s victims ranging from tire and steel producers to wind turbine manufacturers. A recent report revealed that over 70% of all ransomware attacks in 2022 targeted businesses in manufacturing environments or connected to the manufacturing industry, impacting at least 437 manufacturing entities around the world. As the manufacturing industry becomes increasingly interconnected, with network controlled machinery for producing products, the risks and challenges of securing these environments continue to grow.
Legacy equipment has been identified as one significant vulnerability in manufacturing environments due to many interconnected machines using legacy, out dated & insecure operating systems that pose a significant threat to business security. In many cases, businesses can not update these machines as they are purpose built to specifically work with older operating systems and would not work if upgraded. As such it is important that businesses ensure that they have robust physical, network and endpoint security, good identity and access management, and data protection measures such as encryption, data loss prevention, and data leak prevention.
Email communication presents another major vector for cyber attacks in the manufacturing sector. Without the correct email security solutions in place, unsigned emails can lead to brand or identity spoofing, which can increase the potential for phishing, ransomware or other malware attacks. Jason Rebholz, CISO at Corvus Insurance, has also highlighted the need for manufacturing firms to scrutinise the security measures of their third-party vendors, who supply raw materials for production. We have been working with businesses throughout the region to emphasise that companies should implement regular audits and certification checks through vendor management and procurement approval processes to mitigate many of these risks.
As manufacturing embraces digital transformation and connectivity, the industry must remain vigilant in the face of ever evolving cyber security threats. By addressing vulnerabilities in legacy systems, refining email security practices, and ensuring the reliability of third-party vendors, the manufacturing sector can better protect its operations and valuable data from malicious actors. We have already been working with many manufacturing businesses throughout the region to ensure that they have the best cyber security solutions available to them to protect them from threats posed at every angle, if you would like to find out more about how we can support your business complete the form at the link below where you can also download our free Cyber Security Self Assessment form.
Latest News Stories
(Updated 14/04/23 – 16:00BST) Western Digital Suffers Cyber Attack and Takes Down MyCloud Service
UPDATE 14/04/23 - 16:00BST: Hackers who breached Western Digital claim to have stolen around 10 terabytes of data, including customer information, and are demanding a minimum 8-figure ransom to prevent its publication. According to an article on popular Technology...
UK Businesses Targeted by Cyber Attacks Every 1 Minute in Q1 2023
Businesses across the UK faced an alarming rate of cyber attacks during the first quarter of 2023, with an average of one attack every minute, as revealed by a recent report from Beaming, who have been monitoring malicious web activity since 2016. The company's...
Australian firm Latitude Financial Services refuses to pay Ransomware Demand
Australian based financial services company Latitude Financial Services has announced its refusal to pay the ransom demanded by the cyber criminals responsible for the recent attack on the company's systems. This decision comes in the aftermath of one of Australia's...
Our Customers
Testimonials
Craig Bowden, Mortgage Advice Hub
Very prompt and excellent service from the whole team!
Steve Garbett, Jaxson Wolf
Very helpful, good staff. they do what they say they can do and on time. they also go the extra mile for the customer which is very refreshing.
Jake, Opus UK
Closing tickets faster than I can submit them.