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Cipher is a trusted partner to companies that manufacture goods for both the public and government.
Manufacturers are a key component of the global economy and supply chain. They take raw material and inputs and make finished goods for the market. In the United States alone, there are over 200,000 manufacturing firms. Multinational manufacturers employ thousands and have complex systems to run. Small manufacturers might employ just a few and produce very niche items. Regardless of how large a company is, cybersecurity should be a part of the organization.
Downtime in manufacturing equals lost money. As such, keeping machines up and running is paramount. Ransomware is often the cause of manufacturing outages.
Data breaches often go hand-in-hand with ransomware, as the criminals threaten to leak data if money is not paid.
According to the National Institute of Standards and Technology, the average cost of a data breach was $3.92 million in 2019. A breach often can lead to shutting the doors for smaller manufacturers.
Proactive monitoring, patching and testing of all digital systems within a manufacturer is the solution to the threat. Monitoring by analysts is possible 24×7 by using a Managed Security Service Provider (MSSP) like Cipher. Making sure employees are aware of cybersecurity best practices is also important. Humans can be the weak link in a cyberattack.