TECHNOLOGY & AI
“ The result was the need to strengthen these systems from malware , external attacks , and internal abuse . A proliferation of cyber tools started to emerge and led to many hands dealing with demi-sacred systems that no one was ever supposed to touch . These actions exposed vulnerabilities that could be abused by anyone with malicious intent for some sort of gain , while also opening up to human error by users ,” he adds .
Improving cyber security readiness The PIMM says the first and most important step a manufacturer can take to improve their cyber security readiness is to gain a thorough understanding of their operation ’ s vulnerabilities and how these can be exploited by bad actors .
Golan says : “ Investment needs to be made to understand what a company protects , why its protecting it , who can access it , and how one accesses it . This needs to be determined and then monitored . Visibility is key . Ability to remediate quickly is a must .”
The main cyber threats manufacturers are facing are theft of their IP , cyber attacks ( like phishing , pharming , ransomware , security breaches involving a third party ( e . g . within the supply chain ), human error and employee abuse of IT systems , as well as attacks which exploit mobile network vulnerabilities and public cloud .
Christina Kirichenko , Associate and Data Protection Law Expert at Pinsent Masons says : “ All of these threats are mainly the result of underlying governance problems within the organisation . Therefore , governance and incident preparedness are the main challenges which businesses face alongside navigating the variety of regulations , recommendations and standards across different countries and industries ,” she says .
“Businesses need to address the complexity and the risks involved in large supply chains ”
CHRISTINA KIRICHENKO LAWYER PINSENT MASONS
106 December 2021