When manufacturers can’t manufacture, they can’t make money. Manufacturing is the most attacked industry by cybercriminals and cyberattacks continue to be one of the leading causes of unplanned downtime, costing businesses an average of $260,000 an hour.
Is your business doing everything it can to be secure?
In this webinar, Chase Deatherage, Virtual Compliance Manager at DOT Security, and Chad Adams, GM of Technology Consulting at Impact, discuss how manufacturing companies can prevent downtime due to cyberthreats by bolstering their cybersecurity systems. Plus, hear real-world examples of how modern manufacturers have successfully implemented new cyber tools.
What You’ll Learn
- How manufacturers can prevent downtime due to cyberattacks like ransomware
- What CIS controls are and how they keep your business secure
- How you can establish basic “cyber hygiene” organization-wide
- When CMMC will start being enforced and if you need to be compliant
Why Are Manufacturers Being Targeted by Cybercriminals?
Manufacturers have become prime targets for ransomware attacks due to the amount of high-value intellectual property, proprietary designs, and sensitive operations data they possess, as well as their pivotal role in global supply chains.
High-profile incidents, like the $27 million ransomware loss by Johnson Controls, show that an attacker’s major aim is to halt production lines. This is because the financial damage from downtime often forces companies to pay ransoms, which are typically cheaper than prolonged operational shutdowns.
Key Stats on Manufacturing Cybersecurity
- Attacks on manufacturers are increasing by an average of 125% per year
- Global impact of cyberattacks will reach $10 trillion in 2025
- Cyberattacks directed at manufacturers accounts for 25% of all recorded attacks
How Can Manufacturers Protect Themselves?
Understanding the extent of the threat to manufacturers is one thing. Taking steps to do something about it is another. But not enough manufacturers are taking the necessary steps to implement new security controls to be protected.
Use the form above to register and join us for the LIVE webinar on Thursday, May 29th at 1 PM CT.