IOT
“ You walk into one of these companies and the places look clean , the machines are new , the place is inviting ”
ASUTOSH PADHI
Over half of manufacturers have taken no cyber action Legacy IT within a business was found to be the most common risk to manufacturers ( 45 %), followed by a lack of cyber skills . The necessity of providing access to third parties for monitoring and maintenance is the third most frequent reason for a cyber incident among manufacturers .
Despite knowing the risks , most companies ( 54 %) have not taken further cybersecurity action — even after adopting new technologies . Only those who have introduced systems from the IoT appear to have invested heavily in cyber protection .
IoT technologies often lie at the centre of the manufacturing processes and are seen as business critical , driving companies to spend more to protect them . The Make UK report found those businesses that have implemented industrial IoT report it to be the biggest driver in increasing their overall level of organisational cybersecurity .
“ Digitisation is revolutionising modern manufacturing and becoming increasingly important to drive efficiencies in this incredibly difficult , inflationary environment ,” says Stephen Phipson , CEO of Make UK . “ While cost remains the main barrier to companies installing proper cyber protection , the need to increase the use of the latest technology makes mounting a proper defence against cyber threats essential .”
Employee error remains the most common reason for a cyber-attack in the manufacturing industry . To address this issue , 62 % of manufacturers now offer cybersecurity training to their staff , in an effort to reduce the risk of cyber attacks . Smaller companies are , however , lagging behind , with only 50 % of 0-9-employee companies offering any training at all .
Boardrooms take control of driving cyber protection The report also found that 62 % of manufacturers now have a formal cybersecurity procedure in place in the event of an incident — an increase of 11 % from last
78 February 2023