Safety & Maintenance
How Manufacturers Can Cut the Risk of Cybercrime By: Kevin Studley, president, The Network Pro
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cyber breach can damage every aspect of a business from its operations to its reputation, which is why companies strive to keep these episodes out of the news. To put it in perspective, costs from attacks involving ransomware and other cybercrimes could total $6 trillion globally in 2021, according to one estimate. That is huge, and recovering from a cyber breach not only puts a company at risk financially, but results in other significant damages as well.
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16    IMD  NOVEMBER 2020
Manufacturers At Risk Unfortunately, industrial manufacturers are vulnerable to attacks, and they are on the rise. The United Nations reported a sharp rise in phishing cybercrimes as the coronavirus pandemic took hold. Even in the best of times, businesses struggle to combat phishing in which fraudulent emails trick people into providing confidential information. And it's even more difficult with many people working from home.
