LONDON, Dec. 5, 2022 /PRNewswire/ — Nearly half of Britain’s manufacturers (42%) have been a victim of cyber-crime over the last 12 months according to new research, Cyber Security: UK manufacturing, published today by Make UK, the manufacturers’ organisation and BlackBerry Limited. Over a quarter of respondents (26%) reported substantial financial loss as the result of an attack, with losses ranging from £50,000 to £250,000.
As businesses adopt more digital technologies, their exposure to cybersecurity risks increases. Some 95% say cybersecurity measures are necessary for their company, while two thirds said the importance of cybersecurity has increased in the last 12 months. Worryingly, the majority (54%) decided not to take any further cybersecurity action despite adopting new technologies to boost production.
UK manufacturers face a battery of cybersecurity risks, ranging from simple employee error to complex targeted attacks. The top three cybersecurity vulnerabilities were identified as maintaining legacy IT (45%), a lack of cyber skills within the company (38%), and providing access to third parties for monitoring and maintenance (33%). The research also…
