Kory Daniels, chief information security officer of Trustwave, outlines several mitigation techniques to combat ransomware, phishing attacks, and third-party risks to ensure a secure manufacturing future.
The manufacturing industry weaves through many aspects of our everyday lives, from the vehicles we use on land, air, and sea to the communication technologies that connect us with loved ones and customers worldwide. This makes manufacturing-focused cyberattacks extremely consequential—they can disrupt production lines, supply chain operations, and our personal lives, resulting in significant ripple effects to financial, brand, and consumer risks. We have seen businesses publicly feel staggering financial losses that can reach thousands of dollars per minute with repercussions across the supply chain.
According to the World Economic Forum, only 19% of manufacturing leaders trust their cyber defense, and for good reason—the average cost of a manufacturing breach is $4.7 million compared to the $4.4 million cost of all other industries.
As the industry embraces technological advancements to streamline processes, converging operational technology…
