The Top 5 Cybersecurity Threats Facing the Manufacturing Industry in 2023
A new era of technical development is forcing unheard-of growth and transformation in the manufacturing sector. But these developments also increase the possibility of cyberattacks, which can destroy a company and leave long-lasting harm. Manufacturers must be more informed than ever on the most recent cybersecurity dangers and trends as 2023 draws closer. In this post, we’ll look at the major cybersecurity risks that the manufacturing sector will have to deal with in 2023 and offer helpful advice for securing your company.
Ransomware Attacks: A Major Cybersecurity Threat to the Manufacturing Industry
Ransomware is becoming more prevalent, and manufacturing businesses are a common target. These assaults can cripple a company’s operations and cause huge financial losses. Manufacturers should have strong security measures in place, such as access limits, regular data backups, and employee training, to prevent falling prey to a ransomware attack. You can guard against the harm that ransomware can cause to your company by putting the correct strategies in place. Read more about our Ransomware solution here.
The manufacturing sector saw a 50% increase in ransomware attacks last year, making it the most targeted sector in 2022.
Supply Chain Attacks: How Manufacturers Can Protect Themselves Against Cybersecurity Threats
Supply chain attacks are a possibility in the manufacturing sector because of their reliance on a complicated network of partners and suppliers. Cyber criminals may attack a partner or a supplier in order to penetrate a manufacturer’s systems and do harm. Manufacturers should regularly examine the cybersecurity of their partners and suppliers, put in place strict access controls, and keep an eye out for compromised systems to prevent supply chain assaults.
Social Engineering Techniques: How to Recognise and Prevent Cyber Attacks in the Manufacturing Industry
To deceive employees into disclosing critical information or downloading malware onto their systems, cyber criminals are utilising more sophisticated social engineering techniques, such as phishing emails. Manufacturers should create robust security awareness training programs, offer frequent phishing simulations, and foster a culture of security awareness to avoid falling prey to these strategies. Read more about our Security Awareness Training here.
IoT Vulnerabilities: A New Challenge for Cybersecurity in the Manufacturing Industry
The manufacturing industry is embracing the Internet of Things (IoT) to boost productivity and efficiency, but doing so also raises new cybersecurity issues. By taking advantage of flaws in connected devices, cyber criminals can get access to a manufacturer’s networks and launch a denial-of-service assault. To guard against IoT vulnerabilities, manufacturers should implement stringent device management policies, constantly check their systems for flaws, and instantly install security updates and upgrades.
Insider Threats: How to Mitigate Risks from Within Your Organisation
The manufacturing sector faces a large risk from insider threats, which occur when a current or former employee maliciously or accidentally damages a company’s systems or data. Manufacturers should install strict access restrictions, routinely check the backgrounds of new hires, and keep an eye out for employee behaviour to reduce the possibility of insider attacks.
Conclusion
In conclusion, cyber attacks will pose a serious danger to the manufacturing sector in 2023. Maintaining up-to-date knowledge of the current cybersecurity risks and putting effective security measures into place is essential for protecting your company. You can safeguard your company from the devastating impacts of cyberattacks and make sure you keep in front of the curve in this quickly changing sector by adopting proactive measures. Therefore, are you ready?
Safeguard your manufacturing operations against cyber attacks. Contact us now to learn more about our cybersecurity services
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