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By Kris Lovejoy, Global Security & Resiliency Leader at Kyndryl

The manufacturing industry is rapidly undergoing digitization in the era of Industry 4.0, with technology being increasingly embraced for tasks ranging from strategic planning to end-to-end business operations.

Companies adopting Industry 4.0 technologies like IoT and automation to improve productivity and efficiency face more potential cyber incidents. According to a recent World Economic Forum report, the increase in connectivity and data transparency in the manufacturing ecosystem has expanded the sector’s exposure to cyberattacks. This has led to the manufacturing sector being the most targeted by cyberattacks for three consecutive years, accounting for about 26% of all attacks, with ransomware comprising 71% of these attacks. If a manufacturer experienced a ransomware attack that caused a factory to shut down even for a day, it could send repercussions throughout the entire organization — it could delay orders, cause the brand to be seen as less reliable and create reasons for customers to turn to competitors.

Many manufacturers face cybersecurity-related regulations and guidelines around the world, such as the NIST Cybersecurity Framework in the U.S., the NIS2 Directive and the Cyber Resilience Act in the European Union that aim to protect critical business processes and data. Compliance with these regulations can be challenging and expensive.

Between the increasing threat of cyberattacks and growing regulatory pressures, manufacturers must prioritize cyber resiliency. Here are four strategies that the manufacturing industry can implement to enhance cyber resilience.

2. Create a plan to retire legacy assets 

Because manufacturers rely on legacy systems to run their operations, it is important to regularly inventory assets and see what needs an update. Outdated systems can have problems, such as no longer receiving critical patches — making them more vulnerable to bad actors. They are also less reliable because they are handling more workloads than they were designed for. 

For three consecutive years, the manufacturing sector has been the primary target of cyberattacks, accounting for approximately 26% of these incidents. | Source: Building a Culture of Cyber Resilience in Manufacturing, World Economic Forum report
Ransomware attacks on industrial organizations rose by almost 50% in 2023, with 71% of the attacks targeting manufacturers. | Source: Building a Culture of Cyber Resilience in Manufacturing, World Economic Forum report
4. Build a holistic culture of cyber resilience 

Most cyber incidents can be traced back to a human being who made a mistake, inadvertently abetting the threat actor. Generative AI heightens the risk of successfully manipulating these inadvertent actors by enabling realistic and sophisticated phishing attacks. It also provides threat actors with opportunities to craft malware that can more successfully evade common controls.

Continual focus on cybersecurity awareness is critical to organizational safety and responsibility. Awareness and understanding must evolve as attacks become more frequent and sophisticated. By fostering a culture of cybersecurity awareness and healthy skepticism, organizations empower employees to navigate the ever-changing threat landscape and remain cyber-safe.

These strategies can help the manufacturing industry protect itself from cyber threats and achieve cyber resiliency and success in the digital age.