Managing Cyber-Threats Within Electronics Manufacturing
The rise of the 4th Industrial Revolution (4IR) has brought with it digital interconnectivity that offers unprecedented opportunities for original equipment manufacturers (OEMs).
But with that openness there also comes risk—the threat of the loss of data, the theft of capital or intellectual property, and the disruption of access to systems or operational technology—all of which can impede businesses and impact on trade.
According to a report by the Manufacturers Organization EEF, the manufacturing sector now ranks as the third most targeted for attack, behind government systems and finance.
And yet the manufacturing industry would also appear to be one of the least protected against cybercrime.
In the EEF’s latest survey of manufacturers, undertaken by cybersecurity research company RUSI, 48% of respondents reported that they had been subject to a cybersecurity incident at some time, with half being subject to either a financial loss or a disruption to business.
Many attacks however, appear to go unreported as businesses either fail to notice or choose not to…