The manufacturing sector’s cyber exposure serves as a wake-up call for the industry, according to Cowbell.
An analysis of cybersecurity risks across industries indicates a surge in cyber risk for businesses, with manufacturing companies and supply chains among the most vulnerable, according to Cowbell’s 2024 Cyber Roundup Report.
“The digital age has opened up some incredible avenues for business growth. But in the same breath, it’s also brought a complex set of cyber risks,” said Cowbell founder and CEO Jack Kudale. “Across the board, we’re seeing cybercriminals capitalize on interconnectivity, automation, and emerging tools like AI to launch increasingly sophisticated attacks.”
The manufacturing sector has become a prime target for cybercriminals, according to the report, which analyzed more than 46 million small and medium-sized enterprises (SMEs) across the
U.S., U.K., and Japan.
Cowbell assigns a risk score from 0 to 100 based on cyber threats and exposures, with 100 representing the lowest level of risk. The manufacturing sector’s risk score is 11.7% lower…
