The Rising Cyber Threat to Manufacturing: A Call to Action for Executives
Key Insights Manufacturing faces an average of 1,585 weekly attacks per organization, a 30% year-over-year increase. Ransomware remains the dominant threat, with incidents costing hundreds of millions in losses and in some cases forcing insolvency. Supply chain connectivity magnifies risk. One weak supplier can cause ripple effects across entire industries. State-backed and hacktivist groups are targeting manufacturing for both disruption and intellectual property theft, making security a matter of national competition. Introduction Manufacturing continues to be one of the most attractive targets for cyber attackers, with attacks only increasing. Once overlooked in favor of data-rich industries, today’s factories are caught in the crossfire of ransomware economics, geopolitical conflict, and global supply chain disruption. For executives, this means that cyber security is no longer just an IT issue. It’s a core business risk that directly impacts revenue, resilience, and reputati...