Cyber risk in advanced manufacturing: addressing talent-related challenges

By Sean Peasley

In a recent Cyber risk in advanced manufacturing1 study Deloitte conducted in collaboration with MAPI, we found that the lack of skilled talent in the cybersecurity function represents a significant challenge for manufacturers, especially for midsize companies ($500M-$5B in revenue). Additionally, we found manufacturing executives taking part in the study indicate that four of the top ten cyberthreats facing their organizations are directly attributable to internal employees. These threats include: phishing/pharming, direct abuse of IT systems, errors/omissions, and use of mobile devices.

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Cyber risk in advanced manufacturing: executive and board engagement

By Sean Peasley

The manufacturing industry is vulnerable. Nearly 50 percent of executives surveyed in a recent Cyber risk in advanced manufacturing1 study Deloitte conducted in collaboration with MAPI indicate they lack confidence their company’s assets are protected from external threats. Additionally, 48 percent of cyber risk executives surveyed believe while senior management is committed to improving the company’s cyber-risk profile, obtaining adequate funding to support key cyber initiatives such as risk assessment, data protection, cyber threat monitoring, incident response planning, and employee awareness remains a significant challenge.

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