PRESS RELEASE
NEW YORK, Oct. 30, 2024 /PRNewswire/ — Industrial producers ranked community safety as their prime cybersecurity funding to protect in opposition to hostile cyber occasions, in accordance with a latest State of Expertise in Manufacturing survey by international expertise 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 reminiscent of authentication and entry management. Coupled with a rising physique of industrial-focused safety regulation and an increasing cybercrime ingredient (for whom knowledge in discrete manufacturing processes are extraordinarily excessive worth), this places strain on producers to safeguard their operations higher.
Community breaches can have vital repercussions on industrial producers. Unplanned downtime impacts manufacturing, which might result in income loss or potential regulatory legal responsibility for knowledge breaches. In Europe alone, three regulatory devices impose monetary penalties for non-compliance: the Normal Information Safety Laws, 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 necessary 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 targeted on operational applied sciences is rising rapidly in consequence, 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 reminiscent of 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, knowledge, and ABI Insights.
About ABI Analysis
ABI Analysis is a worldwide expertise intelligence agency delivering actionable analysis and strategic steerage to expertise leaders, innovators, and determination makers all over the world. Our analysis focuses on the transformative applied sciences which can be dramatically reshaping industries, economies, and workforces immediately.
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.
