PRESS RELEASE
NEW YORK, Oct. 30, 2024 /PRNewswire/ — Industrial producers ranked community safety as their prime cybersecurity funding to protect towards antagonistic cyber occasions, in accordance with a latest State of Know-how in Manufacturing survey by world know-how intelligence agency ABI Analysis. With more and more related and digitized industrial property offering ever extra details about processes and workforce, producers are focusing their safety on community safety applied sciences similar to authentication and entry management. Coupled with a rising physique of industrial-focused safety regulation and an increasing cybercrime component (for whom information in discrete manufacturing processes are extraordinarily excessive worth), this places stress on producers to safeguard their operations higher.
Community breaches can have vital repercussions on industrial producers. Unplanned downtime impacts manufacturing, which may result in income loss or potential regulatory legal responsibility for information breaches. In Europe alone, three regulatory devices impose monetary penalties for non-compliance: the Basic Knowledge Safety Rules, the NIS2 Directive, and the Cyber Resilience Act.
“Industrial producers are one of many prime focused sectors by menace actors. Not solely is counterfeiting in contract manufacturing rife, however ransomware is a prevalent menace,” says Michela Menting, Senior Analysis Director. “Provide chain vulnerabilities and social engineering represent essential vectors for menace actors, and producers are understandably involved about safety as they more and more join their industrial property to operational networks.”
Demand for cybersecurity options centered on operational applied sciences is rising rapidly because of this, with ABI Analysis forecasting a US$2 billion market globally in 2024. A lot of it’s pushed by demand for community safety and segmentation applied sciences. This correlates with the survey findings, with producers citing community safety options similar to entry management, authentication, and menace detection as their prime safety investments.
These findings are from ABI Analysis’s Industrial and Manufacturing Survey 1H 2024: Cybersecurity Impacts and Investments report. This report is a part of the corporate’s OT Cybersecurity analysis service, which incorporates analysis, information, and ABI Insights.
About ABI Analysis
ABI Analysis is a world know-how intelligence agency delivering actionable analysis and strategic steering to know-how leaders, innovators, and resolution makers around the globe. Our analysis focuses on the transformative applied sciences which are dramatically reshaping industries, economies, and workforces at present.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For extra details about ABI Analysis’s companies, contact us at +1.516.624.2500 within the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or go to www.abiresearch.com.