Is Your Manufacturing Company Practicing Proactive Cybersecurity?

Manufacturing companies are one of the most popular targets for cybercriminals, based on the sheer amount of classified information they hold. In fact, a recent report from IBM X-Force Research’s 2016 Cyber Security Intelligence Index found that the sector is the second most-attacked industry behind healthcare, with automotive manufacturers and chemical companies scoring as the top targets for attackers.

Hackers’ intentions can vary when targeting the industry, but they are typically financially-motivated, state-sponsored attacks, which occur when government-funded organizations break into a network to steal intellectual property (IP) and trade secrets. These groups are some of the most sophisticated hackers, using a high level of expertise when targeting companies. They seek extremely valuable IP to further the betterment of the people in their country, or perhaps more commonly, for financial gain.

In this piece, Tim Bandos is Director of Cybersecurity, Global Services for Digital Guardian, discusses the increasing treat faced by manufacturers. First and foremost, manufacturers should have a vulnerability management plan in place, he says, and conduct ongoing vulnerability scans. These regular scans can help find unpatched systems and holes, which is often where hackers find their way in. In fact, most of these attackers are not leveraging zero-day vulnerabilities all the time; instead, they are taking advantage of vulnerabilities that have been out for years.

Click here to read Bandos’ complete story.