The benefits of strong security in manufacturing
TECHNOLOGY
The benefits of strong security in manufacturing
“ A strong cybersecurity program should mean that plant infrastructure is also well connected . This opens up possibilities for leveraging plant solutions that can hit your bottom line quickly and efficiently . Solutions like artificial intelligence or augmented reality , asset management tools , and analytics tools all require a well-connected network to gather , move and analyse the data . Security is about having visibility to connected and unconnected devices . That same strategy can help manufacturers gather data to make information-based real-time decisions for productivity gains ” - Steve Gansen , Sales Business Development Manager for Manufacturing Industry , Cisco
“ Companies must focus on understanding how cybersecurity can affect their business . If they do not prioritise vulnerability to cyberthreats until an attack strikes , it is too late . Addressing potential threats head-on by developing short-term and long-term plans will build a strong cybersecurity foundation internally and externally . Having a strong cybersecurity foundation is also vital from a reputational standpoint . Businesses and
consumers alike are seeking partners they can rely on to safely deliver products while protecting private information . A breach goes beyond one company – it impacts everyone in the supply chain all the way down to the enduser ” - Bobby Bono , Partner and Industrial Manufacturing Practice Leader at PwC
“ Our recent research found that the monetary cost of global cybercrime is around US $ 945bn . These costs aren ’ t just the result of monetary losses , but also include significant reductions in both productivity and lost work hours . When businesses fail to maintain and evolve their cyber defences , it is now the difference between their ability to thrive or just survive within the market ” - Mo Cashman , Principle Engineer at McAfee
“ With a strong cybersecurity strategy in place , manufacturing organisations will be able to reap the benefits - including seamless maintenance of operations , improved efficiencies and better outcomes from leveraging connected devices , physical safety , supply chain integrity and more ” - Raj Krishna , VP of Strategy & Planning , Cisco Meraki
70 June 2021