CyberSecurity in Industrial IoT age
Despite being the third most targeted industry for a cyberattack, manufacturing is one of the least prepared. Colonial Pipeline and meat plants were in the news but hundreds others are being attacked each day.
Manufacturing is becoming increasingly digitised as the industry is adopting automation, IoT for monitor and control, to a greater extent than ever before. The Industrial Internet of Things (IIoT) is bringing artificial intelligence, cloud computing and robotics into factories. Cyber-physical systems can now integrate all aspects of the supply chain, including operational systems and information systems, and are taking the place of outdated, siloed machines.
Any factory making use of these new technologies is known as a Smart Factory, and they're prompting what experts are calling the fourth industrial revolution, or Industry 4.0. Smart Factories will help the manufacturing industry considerably, as digital technology can offer greater efficiency in the production stage, better quality products with fewer mistakes, and more flexibility for working processes.
So it's no wonder that manufacturers are moving quickly to update their factories by 2019, 75% of large manufacturers will have incorporated the Industrial IoT in their operations. And by 2022, the Industrial IoT market is expected to be worth $195.47 billion.
I will discuss;
- The Smart Factory & IoT / OT
- Manufacturers are investing in digital
- What cybersecurity risks do manufacturers face?
- How can the manufacturing industry mitigate risk?
- Three key questions every manufacturer should ask themselves before implementing IoT.