Cybersecurity
Cybersecurity: A Growing Threat to U.S. Manufacturing.
Most manufacturers rely heavily on information technology to conduct business. Business operations like banking, payroll and purchasing are often conducted over the internet, machines on the shop floor are connected to networks and employees sometimes use mobile devices to access company information. It’s simple, anything connected to the internet is potentially vulnerable to hackers and cyber criminals, and the costs of an attack can be devastating to your business.
Think A Cyberattack on Your Business Wouldn’t Matter Much? Think Again!
If you think your company is safe from cyberattacks, think again. Believing your data has no value or that a breach would not impact you is risky and uninformed. Picture a disgruntled employee wiping out payroll records or a hacker accessing employee social security numbers and bank details. Consider the impact if a natural disaster destroyed every business record you rely on. The consequences would be severe, and without proper cybersecurity in place, you could also face significant legal liability.
Devastating Impacts from Cyberattacks.
Cybersecurity incidents can have devastating impacts on manufacturing, including:
- Damage to information or information systems.
- Down-time or production stoppages - average is 16 days offline.
- Loss of information critical to running your business such as blueprints, trade secrets, and manufacturing processes.
- Payments for data held hostage - average ransomware demand is over $100K.
- Loss of customers.
- Loss of income.
Small to Medium Sized Manufacturers Have More to Lose from Cyberattacks.
Larger manufacturing operations have a depth of resources to implement effective cybersecurity measures. With their complex IT systems, bigger shops tend to be better prepared to defend against, detect and recover from a cybersecurity incident quickly. Hackers know this, and they know that small to medium sized manufacturers are usually less protected, making them soft targets.
Take the first step towards a more secure digital future.
Cybersecurity Resources
KMS has tools available to combat cyberattacks.
Frequently Asked Question
We want to do business with the Federal Government and the US Department of Defense. How can we acheive this?
All Department of Defense (DoD) contractors must meet the Defense Federal Acquisition Regulation Supplement (DFARS) minimum cybersecurity standards or risk losing federal contracts. We can support you with NIST 800.171 or DFARS compliance.