The report, entitled ‘Cyber Security for Manufacturers’, found that cybercrime is an increasing threat to modern manufacturing businesses, revealing that 48% of manufacturers surveyed for this research have been subject to cyber-attack, and half of these businesses suffered either financial loss or disruption to business as a result.
Meanwhile, existing cyber risk management strategies may still be ineffective, as 41 per cent of companies do not believe they have access to enough information to even assess their true cyber risk. And 45 per cent feel that they do not have access to the right tools for the job”. Moreover, a worryingly large 12 per cent of manufacturers admit they have no technical or managerial processes in place to even start assessing the real risk.
You can find the report on the EEF website at: https://www.eef.org.uk/resources-and-knowledge/research-and-intelligence/industry-reports/cyber-security-for-manufacturers