Half of UK Manufacturers Hit By Cyber Attacks
A new report published by manufacturers’ organisation EEF in partnership with insurance firm AIG and the Royal United Services Institute (RUSI) shows that 48% of UK manufacturers have been subject to a cyber-security incident at some time.
Loss and Disruption
Half of those manufacturing companies who admit to being hit by cyber-criminals have said that the incident(s) caused financial loss or disruption to business.
The report highlighted several key challenges that the manufacturing industry faces in making itself less vulnerable to cyber-criminals. These challenges include:
- The age of equipment and the networked nature of production facilities. Many industrial systems are up to 20 years old and were developed before cyber threats became a big issue. As a result, poorly protected office systems, often the first implemented historically within manufacturing businesses, are particularly vulnerable. Also, a networked building, such as many manufacturing sites, can be hacked and exploited.
- Many manufacturing companies hold a large amount of classified information e.g. intellectual property (IP) and trade secrets, which makes them targets for (for example) financially motivated, state-sponsored hackers.
- Having no idea of the nature and size of the risks. 41% of manufacturing companies don’t believe they have access to enough information to assess their true cyber risk, and 12% of manufacturers admit they have no technical or managerial processes in place to even start assessing the real risk.
- A lack of basic detection that a cyber attack is taking place / has taken place, and a lack of investment in training i.e. 34% do not offer cyber-security training.
- Feeling that they are not equipped to tackle the risk anyway. For example, 45% are not confident they are prepared with the right tools for the job.
- A lack of confidence. Although 91% of the 170 UK manufacturing businesses polled are investing in digital technologies, 35% think that cyber vulnerability is inhibiting them from doing so fully.