IT Solutions for Manufacturing
Cyber-Attacks Increasingly Target Manufacturing, Especially Supply Chains
Manufacturers face numerous information technology challenges. Maintaining uptime. Data management. New technology integration. And increasingly, cyber-attacks on supply chains. In fact, experts predict a four-fold increase in these attacks this year.
Finding the right IT solutions for manufacturing is an ongoing process.
An increasing area of concern is cybersecurity. During the first quarter of 2020, ransomware attacks on manufacturers increased 156%. Apart from shut-downs associated with COVID, the pandemic has also increased fraudulent activities by 400%.
Nearly 50% of manufacturers have suffered a cyber incident.
Information technology and operational technology systems have continued to converge. That convergence has led to increasing investments in the Industrial Internet of Things (IIoT), often referred to as Industry 4.0. IIoT offers manufacturers increased productivity, reduced costs, and access to analytics.
Unfortunately, IIoT poses a cybersecurity threat owing to the substantially increased number of potentially insecure internet connections posed by these devices. IT and OT systems must segment adequately to add a layer of physical security. Otherwise, the vulnerabilities exposed can be subject to unauthorized access.
4 Challenges Facing Manufacturers
Intellectual Property Theft
Innovation and creativity help drive the manufacturing process. IP theft of that sensitive information could be crippling. Many manufacturers would be unable to survive it.
More often than not, cyber criminals target identity theft, credit cards, or other personal information. But IP theft remains a concern.
One of the oldest threats to cybersecurity, phishing is industry neutral, but prevalent nonetheless. 85% of companies have been hit by a phishing attack. They’re often successful because 97% of users are unable to recognize a sophisticated phishing email.
As mentioned, the Industry Internet of Things has been a major factor in revolutionizing the industry. Organizations often fail to pay adequate attention to securing IoT devices that connect to the internet and their networks. That creates a doorway for hackers.
As your firm continues to take advantage of IoT devices for improved operational efficiencies, you’ll need to expand your focus on endpoint security. The more internet connections you have, the more open you are to an attack. Plus, IoT often lacks fundamental security functions like encryption. We’ll help you identify and secure IoT devices.
Worst of all, if the hack ties into your operational technology, it can shut down your entire manufacturing process. According to Aberdeen Research, unplanned downtime can cost as much as $260,000 an hour.
Supply Chain Attacks
The Kaseya breach earlier this year illustrates the fragility of supply chain security. And supply chain-related attacks are expected to increase four-fold this year. Attacks typically target suppliers’ code (66%). Your firm needs to implement best practices to reduce your risks of a lateral attack. We’ll work with you to establish best practices designed to protect your firm.
Managed IT Offers a Cost-Effective IT Solution for Manufacturing
Reduce the Burden on Your IT Department
Managed IT services allow you to remain focused on your core projects to improve efficiencies and overall productivity. With fixed costs, you can also control your budgets.
Co-managed it allows you to put your dollars directly where you want them. Looking to improve your cybersecurity. Just buy that. Want to move one of your operations to the cloud? Partner for just cloud services.
With either approach, you’ll gain access to expertise while expanding your capabilities to get more things done.
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Avoid Costly Production Downtime with our IT Solutions for Manufacturing
We understand how important it is for production uptime and the costly impact that downtime can have on your specific industry. Our IT Solutions for Manufacturing are tailored to your organization’s specific needs—ensuring that business technology keeps up with your production demand.
When you’re looking for IT support near you, give us a call.