European manufacturers face critical vulnerabilities
The manufacturing industry is the most targeted industry for cyberattacks and this has has now been the case for four consecutive years.
A new study from KnowBe4 shows that this combined with the manufacturing sector’s expanding digital footprint is putting operations, intellectual property, and economic resilience at risk from critical vulnerabilities.
Manufacturing firms worry their data isn't suitable for AI
A new study finds that 92 percent of those surveyed in the manufacturing industry say AI is a top C-Suite priority and the same percentage agree it provides a competitive advantage.
But the report from Riverbed also shows that 69 percent are concerned about the suitability of their organization's data for AI usage, and only 42 percent rated their data as excellent for completeness and accuracy. It's notable too that 42 percent say their data quality is a barrier to further AI investment.
Attacks on manufacturing up but less than half businesses are prepared
A new study from Omdia finds that 80 percent of manufacturing firms experienced a significant increase in overall security incidents or breaches last year, but only 45 percent are adequately prepared in their cybersecurity.
The survey of over 500 technology executives worldwide shows a heightened risk of cyber attacks comes as manufacturers move to leverage IT such as cloud, AI, and Internet of Things (IoT) as part of their digital transformation -- a process defined as Industry 4.0.
IT industry today faces same issues that aggravated 1990s manufacturing: How can we take a cue from history?
Until the late 1990s, manufacturing reigned as the lifeblood of the global economy -- leading in productivity, employment, growth, and investments across all points of the world. However, once we neared the close of the 20th century, manufacturing found its Achilles heel in the compounded complexity accrued from outdated processes, an over-reliance on human labor that simply couldn’t meet its extreme needs, supply chain disruptions, and rising costs.
I fear that today, the information technology industry finds itself at all-too-familiar cross-roads. Why is this?
Manufacturing faces a wave of advanced email attacks
New data from Abnormal Security shows that between September 2023 and September 2024, phishing, business email compromise, and vendor email compromise attacks on manufacturers increased significantly.
The number of monthly attacks phishing attacks has grown nearly 83 percent between September 2023 and September 2024. Business email compromise attacks are up 56 percent too.
Manufacturing businesses most likely to be hit by cyberattacks
The manufacturing industry is the most affected by cyber attacks, accounting for over 25 percent of all incidents, across the top 10 industries, of which 45 percent are malware attacks.
According to a new report from security awareness training company KnowBe4 the industry has become increasingly attractive to cybercriminals in recent years due to its interconnected nature, having a low tolerance for downtime, and valuable intellectual property stored in its databases, which could save competitors millions if obtained.
Critical vulnerabilities affect 80 percent of manufacturing companies
A new report finds that 80 percent of manufacturing companies have critical vulnerabilities putting them at high risk for exploitation.
The study of 5,000 manufacturing companies by Black Kite finds 69 percent of companies analyzed have exposed credentials in the last 90 days.
Attacks on manufacturing companies up 105 percent
The manufacturing and industrial sectors have seen a dramatic rise in cyberattacks, accounting for 41 percent of cyber incidents in the first half of 2024, an increase of 105 percent.
A new threat intelligence report from Ontinue also highlights a rise in state-sponsored campaigns from China increasingly focused on information control and leveraging zero-day exploits, further complicating attribution and escalating the global threat landscape.
Manufacturing and industrial sectors most targeted by attackers
Manufacturing and industrial products remain the most targeted sectors by cyber threat actors in the first half of 2024, with 377 confirmed reports of ransomware and database leak hits in the first half of the year.
A new report from managed detection and response specialist Critical Start is based on analysis of 3,438 high and critical alerts generated by 20 supported Endpoint Detection and Response (EDR) solutions, as well as 4,602 reports detailing ransomware and database leak activities across 24 industries in 126 countries.
The CISO's guide to effective OT security: Overcoming challenges and fostering collaboration
Operational technology (OT) systems have long been common in industries such as manufacturing, utilities, and healthcare. However, as these systems now increasingly integrate with IT networks, they are becoming the responsibility of the Chief Information Security Officer (CISO). As a result, CISOs in these sectors need to secure OT systems alongside traditional IT systems. This added responsibility has significantly increased the demands on security leaders.
Now, to safeguard both IT and OT systems, CISOs must possess the right knowledge and resources. Understanding the complexities of OT systems is necessary for the protection of vital operations and infrastructures, however it can be difficult to separate genuine expertise from sales hype.
Accuracy worries delay Gen AI initiatives
Less than 60 percent of manufacturers plan to increase AI spending in 2024 compared to 93 percent in 2023, according to a new survey.
The study from Lucidworks gathered input from over 2,500 leaders involved in AI technology decision-making worldwide and finds in 2023 more than 40 percent of manufacturing leaders had a positive view of AI, with 93 percent planning to increase investments.
Poor DMARC implementation leaves companies vulnerable to threats
Only 61 percent of manufacturing businesses have adopted DMARC, with 19 percent of the total manufacturers analyzed having adopted the most stringent 'p=reject' DMARC policy.
New research from email security provider EasyDMARC, which surveyed almost 5,000 global manufacturing companies, finds 43 percent of those with DMARC use a low-security DMARC policy that allows suspicious emails to reach inboxes but enables reporting on such activity.
Majority of cyberattacks delivered over encrypted channels
In total, 86 percent of all cyber threats, including malware, ransomware, and phishing attacks, are delivered over encrypted channels, according to a new report.
The study from Zscaler also shows threats over HTTPS grew by 24 percent from 2022, underscoring the sophisticated nature of cybercriminal tactics that target encrypted channels.
Only 19 percent of manufacturing leaders are confident of their cyber defenses
New research into the manufacturing threat landscape from Trustwave finds that just 19 percent of manufacturing industry leaders are confident in their cyber defense mechanisms.
The research documents the attack flow utilized by threat groups, exposing their tactics, techniques, and procedures. From email-borne malware to the exploitation of SMB and DCOM protocols for lateral movement, these persistent threats pose significant risks to the manufacturing sector.
KYOCERA launches extremely rugged DuraForce PRO 3 Android 13 smartphone
KYOCERA today unveiled the ultra-rugged DuraForce PRO 3 Android 13 smartphone. This device is designed to serve enterprises, small businesses, and first responders who rely heavily on durable, high-performing mobile tech. It’s also 5G-ready and available from Verizon, providing reliable, lightning-fast connectivity.
As more businesses operate on the go, durability and reliability are paramount. KYOCERA addresses these needs with quality rugged products, backed by a 2-year warranty and a growing ecosystem of accessories, services, and solutions. This strategy has led to rugged smartphones delivering a significantly lower total cost of ownership than non-rugged devices when deployed in frontline operations.
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