Approximately 48% of U.K. manufacturers admit they have experienced a cybersecurity incident, with about half of them claiming to have suffered financial loss or disruption to their business as a result, according to a recent survey report published by manufacturers’ organization EEF in partnership with insurance firm AIG and the Royal United Services Institute (RUSI), the world's oldest independent think tank on international defense and security.
The survey of nearly 170 U.K. manufacturing businesses found that although 91% of respondents are investing in digital technologies, 35% believe cyber vulnerabilities are keeping them from doing so fully.
Cybersecurity maturity levels were rated as "highly varied" throughout the U.K. manufacturing sector, according to the report, both in terms of awareness of the challenge and the implementation of appropriate risk mitigation strategies.
Although the government is taking important steps to improve national cybersecurity resilience, to date no priority has been given to the specific needs of the manufacturing sector.
Organizations should take a key performance indicator (KPI) perspective to cybersecurity by setting goals and metrics, according to Tim Bandos of digital loss prevention solution provider Digital Guardian.
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