Many businesses now rely on information technology for aspects of their operations. This is no longer confined to back-office functions; instead, it can now touch on all areas.
While this may well streamline the operation of the business, it heightens the risk of cyberattacks. It is also now widely accepted that the likelihood of a cyberattack occurring is high – for most organisations, it is simply a matter of when rather than if.
This is underlined by a recent survey published in Germany that reveals around two-thirds of the nation’s manufacturing businesses have been hit by attacks, costing the economy in the region of $50bn (£37.85bn).
Why is manufacturing being targeted? There are a number of possible reasons. It could be that hackers are trying to steal valuable commercial secrets or customer data that they can seek to sell on to unscrupulous rivals. It could also …