Posted By Sankara Narayanan Venkataramani, June 08, 2016 at 8:38 AM, in Category: Cybersecurity

But, said King, cyber security is a problem that needs a collective approach. In other words, it cannot be done by a single function within the organization. Everyone, including executive leadership, security, IT, operations, and suppliers must be on the same page and stay the course. He advised companies to start small and build competencies using an industry standard framework such as the NIST cyber security framework v1.0.
Challenges posed to manufacturers by cyber threats are real and growing, said King. According to a recent AT&T cyber security insight report, 85% of companies are in the process of implementing IoT, but only 10% are confident that they are secure. The Department of Homeland Security states that cyber-attacks on critical manufacturing doubled in 2015, while the White House has set aside $19 billion for cyber security in the fiscal 2017 budget.
King said manufacturing leaders must track 6 major cyber security indicators: cyber regulations (i.e. being aware of the cyber regulations not only in the home market but also abroad); alignment of manufacturing engineers, cyber engineers, advanced persistent threats (APT), threats stemming from places on the World Wide Web such as the deep web, a place where users are truly anonymous; and IoT-related vulnerabilities.
King recommended that manufacturers take three steps to tackle the daunting cyber-related risks they face. First, manufacturers should act promptly, but not out of irrational fear. Second, they should prioritize efforts to address each indicator mentioned above based on company strategies. And, finally, they should develop a sustainable business approach for each area within the overall M4.0 business strategy.
Tags:
cyber-security, cyber_attack
Category: Cybersecurity
Written by Sankara Narayanan Venkataramani
Sankara is a Senior Industry Analyst with the Manufacturing Leadership Council
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