Attacks on manufacturing up but less than half businesses are prepared

A new study from Omdia finds that 80 percent of manufacturing firms experienced a significant increase in overall security incidents or breaches last year, but only 45 percent are adequately prepared in their cybersecurity. The survey of over 500 technology executives worldwide shows a heightened risk of cyber attacks comes as manufacturers move to leverage IT such as cloud, AI, and Internet of Things (IoT) as part of their digital transformation -- a process defined as Industry 4.0. It finds that 70 percent of OT systems are predicted to be connected to corporate (IT) networks by next year and 47… [Continue Reading]