Cyber Threats To Manufacturing Industry

Cyber Threats In The Manufacturing Industry


2019 statistics for breaches in distinct manufacturing sectors


Manufacturing industries, such as nuclear, metals, capital goods, chemicals, pharmaceuticals, electronics, automobiles, and many others, are becoming more vulnerable to cyber threats.

Major reasons:

Moving towards cloud platforms for storing organizations' and their employees' sensitive and confidential data.
The advent of IoT is forcing organizations to store data in one common place that’s accessible from distant places. So, if the core is compromised, the rest becomes chaos.
During a survey conducted in the middle of 2019, it was overwhelming that Indian manufacturing companies were highly affected in the world accounting for 28% of total cyberattacks. This was confirmed and reported by Seqrite, a reputed Pune-based firm.

Peter Bendor-Samuel, chief executive officer, of Everest Group, an IT advisory and research firm said, “The threat has now become very apparent to the manufacturing sector, which faces risks from the malevolent hacking of their IoT investments to the intellectual IP theft from China and other rogue states,” 
Wipro’s recent survey claims that the total critical resources or assets were offered on the Dark Web, amongst them, 14% were from the manufacturing sector while banking and finance, healthcare, and others succeeded.

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