SYSTEM INTRUSION REMAINS A MAJOR CYBERSECURITY THREAT FOR MANUFACTURERS
The Machinist|June 2024
As manufacturing becomes more interconnected, it becomes increasingly vulnerable to crippling cyber-attacks that can disrupt production lines or compromise sensitive data. In an interview with Nisha Shukla, Anshuman Sharma, Director of VTRAC Cybersecurity Consulting Services at Verizon Business, shared interesting findings from their recently unveiled survey: The Verizon Data Breach Investigations Report 2024. He also delves into recommended standards and frameworks for managing cybersecurity and how businesses can protect themselves against cybersecurity threats in 2024.
SYSTEM INTRUSION REMAINS A MAJOR CYBERSECURITY THREAT FOR MANUFACTURERS

What are the unique cybersecurity challenges faced by manufacturing companies compared to other industries? How do legacy systems in manufacturing plants affect cybersecurity strategies?

Manufacturing companies operate in a dynamic landscape where the intersection of technology and production processes presents unique cybersecurity challenges. The convergence of IT and operational technology (OT) creates a complex attack landscape which exposes both IT data and critical industrial processes to cyber threats. Additionally, manufacturing companies face the challenge of securing complex supply chains, which creates a web of vulnerabilities, making it difficult to secure interconnected networks.

Legacy systems further complicate things. Manufacturers build new systems on top of legacy systems, and this may result in outdated protection measures. These systems often lack robust security features, making them especially vulnerable to cyberattacks. Their limited visibility and control make it hard to implement modern security tools. Upgrading these systems can be expensive and disruptive to production. However, failing to address security vulnerabilities in legacy systems leaves manufacturers exposed to a wide range of cyberattacks that can disrupt operations, steal intellectual property, or even cause physical harm.

According to The Verizon Data Breach Investigations Report 2024, system intrusion continues to hold the top spot in the manufacturing sector when it comes to cybersecurity breach. What other patterns did you observe in the report, and how manufacturers can avert such breaches in advance?

The Verizon Data Breach Investigations Report 2024 confirms that system intrusion remains a major cybersecurity threat for manufacturers. The report also highlights a concerning 83 per cent of breaches in the manufacturing sector stem from three main attack patterns:

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE MACHINISTView all
IGUS'S NEW ONLINE CONFIGURATOR FOR CUSTOM ROTARY ENERGY SUPPLY SYSTEMS
The Machinist

IGUS'S NEW ONLINE CONFIGURATOR FOR CUSTOM ROTARY ENERGY SUPPLY SYSTEMS

igus, the motion plastics specialist, now offers a rotation module online configurator that allows engineers to design, and order customised rotary energy supply systems in seconds.

time-read
2 mins  |
November 2024
WE CONSISTENTLY INVEST IN ADVANCED TECHNOLOGIES LIKE AUTOMATION, ROBOTICS, DIGITALISATION, AND SIMULATION
The Machinist

WE CONSISTENTLY INVEST IN ADVANCED TECHNOLOGIES LIKE AUTOMATION, ROBOTICS, DIGITALISATION, AND SIMULATION

Nikhil Rao, VP of Operations at Flex India, discusses how Flex is redefining manufacturing through technology, sustainability, and a global workforce. He shares insights into Flex’s vision, investments in automation and digitalisation, the latest industry trends, including its partnership with the Reverse Logistics Association.

time-read
5 mins  |
November 2024
INDIA'S $300 BILLION ELECTRONICS GOAL RELIES ON INFRASTRUCTURE, R&D, SKILLS, AND MANUFACTURING
The Machinist

INDIA'S $300 BILLION ELECTRONICS GOAL RELIES ON INFRASTRUCTURE, R&D, SKILLS, AND MANUFACTURING

Imran Kagalwala, Co-Founder of UNIX India, discusses strategies and challenges in electronics manufacturing, including public-private partnerships, tariffs, and the Make in India initiative. He also highlights leveraging India's demographic dividend, achieving a 300 billion economy, and UNIX's Umbergaon facility in an interview with Nisha Shukla.

time-read
3 mins  |
November 2024
CCMS ENABLES REAL-TIME COLLISION DETECTION, ACTIVATING AIRBAGS AND EMERGENCY BRAKING
The Machinist

CCMS ENABLES REAL-TIME COLLISION DETECTION, ACTIVATING AIRBAGS AND EMERGENCY BRAKING

Mohan Babu University initiated the Continuous Collision Monitoring System CCMS) project, led by Prof. N. Harathi and students, to enhance safety technologies and provide hands-on experience with piezoelectric sensors, bridging education and industry needs. In an exclusive interaction with Nisha Shukla, Prof. Harathi discusses the project’s motivations, goals, market readiness, and challenges.

time-read
4 mins  |
November 2024
BLUPINE ENERGY LAUNCHES VOCATIONAL TRAINING AND COMMUNITY INITIATIVES TO BOOST LOCAL DEVELOPMENT
The Machinist

BLUPINE ENERGY LAUNCHES VOCATIONAL TRAINING AND COMMUNITY INITIATIVES TO BOOST LOCAL DEVELOPMENT

BluPine Energy, a leading renewable energy services company in India, has launched impactful initiatives to empower communities around its operational sites and promote sustainable development in Punjab.

time-read
1 min  |
November 2024
POWERING INDUSTRIAL AUTOMATION ACROSS INDUSTRIES
The Machinist

POWERING INDUSTRIAL AUTOMATION ACROSS INDUSTRIES

Industrial automation has transformed production by providing precision and efficiency across various sectors. This article explores how Inovance Technology's solutions are revolutionising the manufacturing, energy, and transportation sectors with innovative products that enhance productivity and sustainability.

time-read
2 mins  |
November 2024
HOW FREE TRADE WAREHOUSING ZONES ARE BOOSTING INDIA'S ECONOMIC LANDSCAPE?
The Machinist

HOW FREE TRADE WAREHOUSING ZONES ARE BOOSTING INDIA'S ECONOMIC LANDSCAPE?

In an exclusive interaction, Ranjit Ray, Vice President Economic Zones, Middle East, North Africa, and Subcontinent, DP World, delves into the benefits and challenges associated with Free Trade Warehousing Zones FT WZs) in India, focusing on how they enhance global trade, streamline logistics, and provide unique advantages to various industries.

time-read
5 mins  |
November 2024
UNLOCKING THE POWER OF AI IN RECRUITMENT AND STAFFING FOR THE MANUFACTURING INDUSTRY
The Machinist

UNLOCKING THE POWER OF AI IN RECRUITMENT AND STAFFING FOR THE MANUFACTURING INDUSTRY

The author emphasises AI’s significant role in optimising hiring and workforce management in manufacturing industry; while also cautioning about potential challenges these technologies may bring to the sector.

time-read
2 mins  |
November 2024
OUR PARTNERSHIPS WITH UAE GOVT ENTITIES FOSTER A COMPETITIVE MANUFACTURING AND LOGISTICS ECOSYSTEM
The Machinist

OUR PARTNERSHIPS WITH UAE GOVT ENTITIES FOSTER A COMPETITIVE MANUFACTURING AND LOGISTICS ECOSYSTEM

For over two decades, Dubai Industrial City has been a key driver of innovation and sustainability in the region's manufacturing and logistics sectors. Ina discussion with Nisha Shukla, Saud Abu Alshawareb, Executive Vice President Industrial at TECOM Group PJSC delves into Dubai Industrial City’s cutting-edge infrastructure, its support for smart manufacturing under Industry 4.0, and the strategic partnerships that enable businesses to innovate and expand globally.

time-read
5 mins  |
November 2024
DRIVING INNOVATION, SUSTAINABILITY, AND THE FUTURE OF MOBILITY
The Machinist

DRIVING INNOVATION, SUSTAINABILITY, AND THE FUTURE OF MOBILITY

The 8th Global Conference on Plastics in Automotive, held in Pune, concluded on a high note, offering the industry actionable insights and thought-provoking discussions.

time-read
4 mins  |
November 2024