Security incidents involving household-name companies understandably attract news headlines, especially where individual customers may be directly affected by the breach. Attacks on industrial businesses, however, appear less likely to garner public awareness. But this doesn’t mean the risk to manufacturing isn’t real – or growing.
In one high-profile instance last year, a ransomware attack on one of the world’s largest aluminium companies resulted in tens of millions of dollars in damage. And that’s just one business. Attacks such as this are taking place at an increased pace – according to joint research by Forrester and Tenable, 94% of executives say their firms have experienced a business-impacting cyberattack or compromise within the past 12 months. The average cost of a data breach for a company is $3.86M.
It’s not just about the money, either. Factories and plants are packed with potentially dangerous machines. Surrender control of your equipment and processes, and the consequences could be interrupted production, yes – but also injury or worse.