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Trumpf Trumatic L4030 Laser Cutting Machine
This Trumpf Trumatic L4030 Laser Cutting Machine was built in the year 2000 in Germany. It has 80816
This Trumpf Trumatic L4030 Laser Cutting Machine was built in the year 2000 in Germany. It has 80816...
GINDUMAC GmbH

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Cyber attacks on manufacturing firms on the increase

Posted on 01 May 2022 and read 676 times
Cyber attacks on manufacturing firms on the increaseThree in five of the UK’s Manufacturing and Engineering firms (M&E) have suffered a cyber attack (UK average: 45%), with ransomware attacks the most frequently experienced, followed by phishing emails and denial of service (DoS) data breaches.

Of those firms who have suffered a cyber attack, 68% have been the subject of increased incidents, and 54% have suffered a financial loss, according to the latest independent research from Close Brothers Asset Finance.

The survey also reveals that 65% (UK average: 52%) of M&E business owners have invested in staff training to help prevent cyber attacks, and a further 60% have paid for additional cyber security in the past 12 months.

Steve Gee, CEO of Close Brothers’ Industrial Equipment Division (pictured), said: “It is well documented that many businesses of all sizes have at some point suffered some form of cyber attack, whether it is a ransomware or phishing attack.

“What our research shows is that company owners are not only more aware of the dangers posed by cyber-attacks but are taking action by investing in training or additional security, or a combination of the two. This clearly doesn’t some cheap but the potential losses – financial and reputational – means it’s something all business owners will increasingly have to consider, if they haven’t already.”