Manufacturing



The manufacturing sector has evolved from the initial phases of industrialization to liberalization to the current phase of global competitiveness. Backed by competitive technology and talent, manufacturing companies are now expanding rapidly into global markets. The more complex the manufacturing plant and systems, the greater the challenge for cyber security management.

Complexity is bliss for an attacker as it opens several loopholes to probe.

The sheer complexity and interconnectedness with many supply chains upstream and downstream, along with the rapid adoption of technology, make manufacturing organisations vulnerable to a variety of threats:


Cybersecurity challenges for the Atlas of World Economies: Manufacturing


Cybersecurity Breaches

Predict a hacker messing with your production systems, including those with sensitive product data. Even a short production downtime could cost a million or ten. And, it would take weeks to bring the process back running.

New Vectors of Attack

The sector’s dependence on operational technology and its OT vendors amplifies cyber risks and makes them harder to assess. The pressure to automate and digitize is particularly strong in manufacturing. the use of IoT devices, particularly sensors providing telemetry data, is escalating. These devices are generally manufactured and procured on cost considerations rather than security and can provide soft new vectors of attack for cybercriminals.

Supply Chain Vulnerabilities

Even if CISOs are confident about their own company’s security, understanding their supply chain and its vulnerabilities is an even greater challenge in manufacturing than in other industries, where greater central IT security control is exercised. The sheer complexity of manufacturing processes and networks, together with the importance of remote access for a wide variety of vendors is a toxic combination.

Cyber Sabotage

This is another area of concern for manufacturers; the attacker seeks to alter the automated production processes with the intent of destroying the production equipment or compromising it enough that the output is unusable. Attackers are after a certain goal and keep chasing it persistently. They may perform in-depth research and try intruding several systems before you notice anything.

Industrial Espionage & Intellectual Property Theft

Intellectual Property (IP) and valuable data such as proprietary manufacturing process, formulae, designs, and operations data make manufacturers a prime target for cyber attacks. IP theft and industrial espionage can result in replicas of your product at a lower price than you, causing considerable financial damage. According to the Theft of Intellectual Property Commission, IP theft costs U.S. companies as much as $600 billion a year.

Regulatory Issues

As part of global value chains, event SME manufacturers are to reach out to customers worldwide. This means being cognizant of varying regulations across customer geographies and abiding by them. For instance, manufacturers doing business with the EU need to be GDPR-compliant. Non-compliance results in a penalty of 10 million Euros or 2% of global revenue, whichever is higher.

It’s no longer a question of if cybersecurity should be considered but when for manufacturers of all sizes. Talk to Sequretek. Our expert teams will assess your organisation’s unique requirements and vulnerabilities and suggest the best solution to ensure the safety of your assets and supply chain, as well as compliance.


Sequretek Solutions


Manage

Complete asset/endpoint inventory
Internal Audits and compliance review

Protect

Self-updates against the latest vulnerabilities and patching
Data leakage prevention

Respond

Automation of vulnerability assessments
Blockage of unauthorized access