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The Growing Cybersecurity Threats to Australia’s Manufacturing Industry

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In the rapidly evolving world of technology, manufacturing IT decision makers face a myriad of cybersecurity challenges. As their facilities become more connected and digitised, new vulnerabilities will emerge. This article delves into the key concerns identified in BlackBerry’s recent study, exploring potential solutions to strengthen Australia’s manufacturing sector and address cybersecurity risks. 

Cyber-Resilient Supply Chains 

For Australia to build a thriving, advanced manufacturing industry, the government and businesses must recognise the essential role of cyber-resilience throughout the supply chain. By incorporating robust cybersecurity measures at every stage, the sector can successfully adapt to evolving threats and ensure a sustainable future. 

Survey Insights: IT Decision Makers’ Top Concerns 

The study gathered valuable insights from 191 Australian manufacturing IT decision makers, revealing critical concerns: 

  • A 38% increase in expected cyberattack risks by 2023 
  • 79% anxiety over nation state attacks 
  • 59% concern about foreign government spying 
  • 71% difficulty in safeguarding OT infrastructure 
  • 87% reliance on legacy systems 

These findings emphasise the need for manufacturing firms to invest in advanced security solutions and prioritise cybersecurity in their operations. 

Top Manufacturing Cybersecurity Worries 

Australian manufacturing IT decision makers are most concerned about malicious malware attacks (62%), phishing attacks (54%), and unauthorised access by non-malicious insiders (47%). These concerns mirror global trends, highlighting the focus on nation state threats causing disruption and downtime, rather than ransom demands. 

The prevalence of these threats underscores the importance of an effective Cyber Security Strategy and Employee Awareness Training to recognise and report potential risks. By combining advanced technological solutions with a well-informed workforce, the manufacturing sector can effectively mitigate the risks posed by cyber threats and safeguard its critical assets. 

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Ahmed Khanji

Ahmed Khanji is the CEO of Gridware, a leading cybersecurity consultancy based in Sydney, Australia. An emerging thought leader in cybersecurity, Ahmed is an Adjunct Professor at Western Sydney University and regularly contributes to cybersecurity conversations in Australia. As well as his extensive background as a security advisor to large Australian Enterprises, he is a regular keynote speaker and guest lecturer on offensive cybersecurity topics and blockchain.

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