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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Securing the future of mobility

Addressing cyber risk in self-driving cars and beyond

By Greg Boehmer and Leon Nash

Climbing into a car has long been among the riskier things that people do—famously, the least safe part of an airplane trip is the drive to the airport.1 So it’s likely no surprise that self-driving cars’ safety is one of their most often cited benefits. Indeed, many expect the emerging mobility ecosystem,2 with increasing shared access to transportation as well as autonomous technology, to all but eradicate routine accidents.

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Cyber risk in advanced manufacturing: Be Secure.Vigilant.Resilient.™

By Trina Huelsman

I recently coauthored a Cyber risk in advanced manufacturing1 study with the Manufacturers Association for Innovation and Productivity (MAPI) and my colleagues Sean Peasley, Partner, Cyber Risk leader for Consumer and Industrial Products, and Ryan Robinson, Director, Industrial Products and Services Research Leader, Deloitte’s Center for Industry Insights. We collaborated with MAPI and Forbes Insights to study the current state of cyber risk in advanced manufacturing, anticipate emerging risks associated with new technologies, and identify leading practices manufacturers can adopt to face these risks head-on and become more secure, vigilant and resilient. To inform the insights we conducted 35 live interviews, held an innovation lab, and in collaboration with Forbes Insights, collected 225 survey responses.

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