According to a research study by Sophos, a UK-based IT security services and hardware provider, cyber insurance policies are changing the way manufacturing is protecting their networks. As ransomware threats keep coming, companies are buying cyber insurance policies to protect against costly ransomware attacks that can drive them out of business. Seventy percent of hacked food and beverage companies will go out of business within a year of the attack, according to Capstone Logistics.
Connectivity provides manufacturing plant operations many advantages like increased productivity, faster identification and remediation of quality defects, and better collaboration across functional areas. However, this connectivity is dramatically increasing smart factories’ vulnerabilities and leaving them exposed to cybersecurity threats.
Smartphones on the plant floor: Bring your own device (BYOD) or use company-owned devices? This question no doubt conjures up a multitude of things—good and bad—for personal devices on the plant floor, for example, connecting people with equipment and company data and providing workers with actionable information on the process and maintenance to make good decisions.
Known for its industrial line of printers, Videojet has extended networking options for users who need wireless connections but are squeamish about connecting their printers via just Wi-Fi—or Ethernet cabling—to internal plant or enterprise networks.