LMW
LMW

Do you want to advertise here? Contact us

Thriam
Thriam

Do you want to advertise here? Contact us

OEM Update
.

Curbing cyber threats within manufacturing sector

By July 22, 2014 5:18 pm IST

This article highlights the impact of cyber attack on manufacturing sector and the preventive measures
 The manufacturing sector in India is growing at an unprecedented pace. According to global management consulting firm, McKinsey, India’s manufacturing industry could touch $ 1 trillion by 2025. But with growth, comes several risks as well. The manufacturing sector is increasingly becoming an easy target for cyber crimes. The impact of cyber attack on manufacturing operations is colossal and can lead to unexpected downtime, illegal use of systems, loss of proprietary information, financial loss and worse. Cyberespionage is identified as a top security threat to the manufacturing Industry.
According to Verizon’s recently released 2014 Data Breach Investigations Report (DBIR), cyberespionage topped the list of online security threats to the manufacturing industry last year followed closely by distributed denial-of-service and web-application attacks. In fact, 54 per cent of all manufacturing attacks examined were attributed to cyberespionage which the report defines as incidents that were perpetrated by or linked to state-affiliated infiltration.
And though cyberespionage was the top culprit of attacks on manufacturers, the DBIR data also revealed that organised crime rings, competitors and current and former employees were complicit as well. Further, this year’s report illustrated how manufacturers were targeted for their intellectual property, technology and business processes.
So just how did state-affiliated actors infiltrate the network ecosystems of manufacturers? The majority of the attacks, 67 per cent, were carried out by phishing schemes in which deceptive e-mails are designed to trick an employee into giving up proprietary information. In addition, Strategic Website Compromises, in which websites of importance to a business are breached to distribute malware, inflicted their share of damage as well.
Given such pervasive threats, what can manufacturers do to safeguard their often complex operations against these types of attacks?

Advertising

OEM Android App

Your future advertising space? Our media data

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
Webinar
Webinar

Do you want to advertise here? Contact us

Webinar
Webinar

Do you want to advertise here? Contact us

TruCut
TruCut
Autodesk
Autodesk
OEM Update QR Code
OEM Update QR Code

Events

Logimat India
Logimat India
Hannover Messe 2025
Hannover Messe 2025
Diemex
Diemex
Metal Forming Expo
Metal Forming Expo
ChemProTech India 2025
ChemProTech India 2025
Aerodef India Manufacturing Expo
Aerodef India Manufacturing Expo
Blech India
Blech India
Wiretech 2025
Wiretech 2025
India Manufacturing Show
India Manufacturing Show

eMagazine January 2025

eMagazine January 2025
eMagazine January 2025

Do you want to advertise here? Contact us

Our Sponsors

Cloos
Cloos
Carl Zeiss India
Carl Zeiss India
Nord
Nord
Atos Profilo
Atos Profilo
Maco-c
Maco-c
Weldfast
Weldfast
TEAL
TEAL
Mallcom
Mallcom
igus
igus
Vijay Gears Pvt Ltd
Vijay Gears Pvt Ltd
Studer
Studer
ENS Oils & Lubricants
ENS Oils & Lubricants
Super Slides
Super Slides
Ziehl Abegg
Ziehl Abegg
Dormer Tools India
Dormer Tools India
Profectus
Profectus
Silasers
Silasers
Ceratizit
Ceratizit
Universal Orbital
Universal Orbital
Chicago Pneumatic Tools
Chicago Pneumatic Tools
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
Mennekes
Mennekes
TruCut
TruCut
LMW
LMW
Wrapp
Wrapp
Ugro
Ugro
Exorint
Exorint