BDO: Cybersecurity now a top-ten manufacturing risk

IBM’s 2016 Cyber Security Intelligence Index found that manufacturing was the second most frequently targeted industry by cyber attacks in 2015. Supporting this finding, the 2016 BDO Manufacturing RiskFactor Report noted that “cyber risk is moving up on manufacturers’ list of priorities, ranking in the top 10 risk factors for the first time” this year.

The BDO report found that:

  • 92% of manufacturers “cite cybersecurity concerns this year, up 44 percent from 2013,” and
  • 91% “also cite operational infrastructure risk, including information systems and implementation of new systems and maintenance.”

But in spite of this high level of concern, only 8% of manufacturers were “very confident in their ability to prevent an IT breach.”

Shahryar Shaghaghi, National Leader, Technology Advisory Services and Head of International BDO Cybersecurity, commented:

All it takes is one weak link in the security chain for hackers to access and corrupt a product feature, an entire supply chain or a critical piece of infrastructure. The stakes are too high in the manufacturing industry for complacency or inattention. Security can no longer be considered an add-on to products and processes. It must be built in from design to distribution, and monitored with a high level of priority.

Best-practice cybersecurity for manufacturers

The digital transformation of the factory floor is revolutionizing production, but digital infrastructure must be secure and reliable enough to support machine autonomy.

This is why manufacturers that want to mitigate information technology risk should turn to the international information security standard ISO 27001.

ISO 27001 sets out the requirements for a risk-based ISMS (information security management system) that all organizations can use to address data security across the enterprise and throughout the supply chain.

As well as improving your cybersecurity, the external validation offered by ISO 27001 certification is likely to increase your organization’s business efficiency while providing a higher level of confidence to customers and stakeholders. It also enables you to meet legal, contractual, and regulatory data protection obligations.

IT Governance has been helping organizations of all sizes around the world implement ISO 27001 for well over a decade. Whatever you want to know, and whatever resources you need, we’re your single source for everything to do with ISO 27001 – from the Standard itself to books, documentation toolkits, training courses, consultancy, and software to help you implement an ISMS.

Starting at just $659, our ISO 27001 Packaged Solutions combine all of these resources in fixed-price packages to suit all needs.

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