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As the serious challenges caused by cyber theft and ransomware become increasingly prevalent among many industries, it is critical that no business believe their operation is immune to data security risks—this includes those within the world of manufacturing, which in recent years has experienced a significant shift to digital growth. From The Manufacturer:

“Digital disruption in the manufacturing sector is going well beyond predictive maintenance… The exponential growth of digital connections also brings inherent security risks. Cisco predicts that by 2020 there will be more than 50 billion devices connected to the Internet, and as the network expands and the volume of data traversing it increases dramatically, it’s inevitable that cyber risk will also grow.”

To put it into perspective, an average of one in five manufacturing firms has experienced a loss of intellectual property due to cyber criminals.

While cyber risks are growing for manufacturing businesses around the globe, many still have not taken any steps to protect their organization. For example, a recent survey done in the UK found that only 36 percent of manufacturers have a cyber incident response plan in place, and 20 percent do not educate their employees on cyber risks within company policies. Inaction leaves many businesses completely vulnerable to attack.

To be clear, cyber risks pose an enormous threat, but they are ultimately just one reason for manufacturers to seek a data protection solution. The right data security platform will not only offer security and protection, but will bolster a manufacturing organization’s operations through seamless data access and storage.

If you are responsible for your manufacturing company’s IT, there is certainly no better time to act. From ensuring your organization’s intellectual property is safe—everything from product launch plans to your company’s contacts—to better meeting the unique demands of your business, a comprehensive data security and protection solution is invaluable. Solutions that exist include:

At CHI Corporation, we help manufacturing businesses identify those data security solutions that will best serve their individual requirements and concerns. To learn more, contact CHI Corporation today to discuss the options that exist for your business.

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