In today’s digital age, cybersecurity is a critical consideration for businesses across all industries. The additive manufacturing industry, also known as 3D printing, is no exception. With the rapid growth and adoption of 3D printing technologies, the need for robust cybersecurity measures in this sector has never been more important. In this blog post, we will explore key statistics related to cybersecurity in the additive manufacturing industry and discuss the implications for businesses operating in this space.
The Latest Cybersecurity In The Additive Manufacturing Industry Statistics Explained
Operational technology was involved in 30% of all cyber-attacks in 2020.
The statistic indicates that in 2020, a significant portion of cyber-attacks, specifically 30%, involved operational technology (OT). Operational technology refers to the hardware and software used to monitor and control physical devices, processes, and infrastructure in various industries such as manufacturing, energy, and transportation. The fact that nearly a third of cyber-attacks targeted OT systems underscores the growing threat landscape faced by critical infrastructure and industrial sectors. Attackers may exploit vulnerabilities in OT systems to disrupt operations, cause equipment failure, or even endanger public safety. This statistic highlights the urgent need for organizations to prioritize cybersecurity measures to safeguard their OT environments from cyber threats.
47% of manufacturers have suffered cyber attacks on their IIoT devices.
The statistic that 47% of manufacturers have experienced cyber attacks on their Industrial Internet of Things (IIoT) devices highlights a significant cybersecurity challenge within the manufacturing industry. IIoT devices are increasingly interconnected and provide valuable data and automation capabilities for manufacturing processes, but they also introduce vulnerabilities that hackers can exploit. These cyber attacks can disrupt operations, compromise sensitive data, and result in financial losses. The high percentage of manufacturers affected underscores the importance of implementing robust cybersecurity measures to protect IIoT devices and secure the industrial infrastructure from potential cyber threats.
The average cost of cyber breaches for manufacturing firms has increased by 60% since 2016, to $1.2 million in 2020.
The statistic states that the average cost of cyber breaches for manufacturing firms has seen a substantial 60% increase from 2016 to 2020, reaching $1.2 million in 2020. This indicates a significant rise in financial losses due to cyber attacks within the manufacturing sector over the four-year period. Such a sharp increase in costs could be attributed to various factors, including the growing sophistication of cyber threats, increased reliance on digital technologies in manufacturing processes, and potentially inadequate cybersecurity measures within these firms. This statistic underscores the critical need for manufacturing companies to invest in robust cybersecurity infrastructure and practices to mitigate the escalating financial risks associated with cyber breaches.
Reliance on digital threads and digital twins in additive manufacturing increases cyber risk, with 84% of manufacturers recognizing this.
The statistic highlights the increasing awareness among manufacturers regarding the cyber risks associated with the reliance on digital threads and digital twins in additive manufacturing processes. By utilizing digital technologies such as digital threads and digital twins, manufacturers are able to streamline production processes and improve efficiency. However, this digital transformation also exposes them to potential cyber threats and vulnerabilities. The fact that 84% of manufacturers recognize this risk underscores the importance of implementing adequate cybersecurity measures to protect valuable data, intellectual property, and manufacturing operations from cyber attacks and data breaches in the evolving landscape of additive manufacturing.
64% of manufacturers identified cyber threats as a concern in adaptively manufacturing supply chains.
The statistic that 64% of manufacturers identified cyber threats as a concern in adaptively manufacturing supply chains suggests that a significant majority of manufacturing companies view cybersecurity risks as a critical issue impacting their supply chain operations. This indicates that a majority of manufacturers are aware of the potential vulnerabilities and potential disruptions that cyber threats pose to their ability to adaptively manufacture products. As technology continues to play a central role in modern manufacturing processes, the acknowledgment of cyber threats as a key concern highlights the importance of prioritizing cybersecurity measures to safeguard supply chain operations and ensure the resilience of the manufacturing industry as a whole.
70% of industrial firms do not track all their industrial control systems activities – a cyber risk issue in additive manufacturing.
The statistic that 70% of industrial firms do not track all their industrial control systems activities highlights a significant cyber risk issue in additive manufacturing. Industrial control systems are critical for maintaining and controlling operations in manufacturing processes, and any disruptions or unauthorized access to these systems can have serious implications for production, quality control, and data security. The fact that a majority of industrial firms do not monitor all activities within these systems suggests a lack of awareness or implementation of proper cybersecurity measures, leaving them vulnerable to potential cyber threats such as hacking, data breaches, or system malfunctions. Addressing this issue is crucial to ensuring the integrity and security of additive manufacturing processes in an increasingly digital and interconnected industrial environment.
In 2019 there was a 110% increase in attacks on manufacturing industry industrial control systems.
The statistic “In 2019, there was a 110% increase in attacks on manufacturing industry industrial control systems” indicates a significant surge in the number of cyber attacks targeting the critical infrastructure of manufacturing facilities. A 110% increase means that the number of attacks more than doubled from the previous year. This alarming trend underscores the growing vulnerability of industrial control systems to cyber threats and highlights the urgent need for enhanced cybersecurity measures within the manufacturing sector. Such attacks can have severe consequences, including production disruptions, financial losses, and potential risks to worker safety. Manufacturers should prioritize investing in robust cybersecurity strategies to protect their operations and minimize the impact of these escalating cyber threats.
25% of cyber attacks against manufacturers were the result of spear-phishing attacks.
The statistic stating that 25% of cyber attacks against manufacturers were the result of spear-phishing attacks indicates that a significant portion of security breaches targeting manufacturing companies were initiated through targeted email scams. Spear-phishing is a form of cyber attack where malicious actors send personalized emails to specific individuals within an organization, tricking them into revealing sensitive information or clicking on malicious links. This statistic highlights the vulnerability of manufacturers to social engineering tactics and underscores the importance of implementing robust cybersecurity measures, employee training, and awareness programs to mitigate the risks associated with such attacks.
More than 50% of manufacturers have reported that customer data was the highest risk data for cyber-attacks.
The statistic that more than 50% of manufacturers have reported customer data as the highest risk data for cyber-attacks indicates a concerning trend within the manufacturing industry. This suggests that a majority of manufacturers have identified customer data as a primary target for potential cyber-attacks, underscoring the critical importance of protecting sensitive customer information within the industry. Given the increasing digitalization and interconnectedness of manufacturing systems, the susceptibility to cyber threats is a significant issue that requires proactive measures to mitigate risks and safeguard valuable data from malicious actors. This statistic highlights the urgent need for manufacturers to prioritize cybersecurity efforts and enhance their defenses to ensure the security and integrity of customer data.
88% of manufacturers expect to increase their spending on cybersecurity in the next three years.
The statistic ‘88% of manufacturers expect to increase their spending on cybersecurity in the next three years’ indicates that a large majority of manufacturers are anticipating a rise in their investments towards enhancing their cybersecurity measures within the upcoming three years. This suggests a growing awareness and recognition within the manufacturing industry of the importance of cybersecurity in protecting sensitive data, intellectual property, and operational processes from cyber threats and attacks. The intention to boost spending in this area reflects a proactive approach by manufacturers to mitigate risks and strengthen their cybersecurity defenses in response to the evolving cyber threat landscape.
Manufacturers have seen an increase of 566% in industrial attacks from 2016 to 2020.
The statistic that manufacturers have experienced a 566% increase in industrial attacks from 2016 to 2020 indicates a significant and concerning trend of rising cyber threats within the manufacturing industry over the past four years. This sharp increase suggests that manufacturers are increasingly becoming targets of cyber attacks, potentially resulting in disruptions to their operations, loss of intellectual property, and financial damages. The statistic underscores the need for manufacturers to prioritize cybersecurity measures, such as implementing robust security protocols, conducting regular vulnerability assessments, and providing cybersecurity training to employees, to safeguard their assets and operations from potential cyber threats in the future.
Cybersecurity market spending in the global manufacturing industry is expected to reach $7.9 billion in 2024.
The statistic indicates that global spending on cybersecurity in the manufacturing industry is projected to reach $7.9 billion by the year 2024. This suggests a growing recognition within the manufacturing sector of the importance of investing in cybersecurity measures to protect against cyber threats and potential vulnerabilities in their operations. The anticipated increase in spending reflects a trend towards prioritizing cybersecurity as a critical component of overall business strategy in light of the rising frequency and sophistication of cyber attacks targeting manufacturing companies. This statistic underscores the industry’s proactive approach to safeguarding sensitive data, Intellectual Property, and operational infrastructure from potential cyber risks in the increasingly digital landscape.
1 in 3 manufacturers have suffered losses due to cyber incidents in the past 12 months.
The statistic ‘1 in 3 manufacturers have suffered losses due to cyber incidents in the past 12 months’ implies that approximately 33.3% of manufacturers experienced financial setbacks as a result of cyber-related incidents within the previous year. This figure suggests a significant impact of cyber threats within the manufacturing sector, highlighting the vulnerability of these businesses to digital risks. The statistic underscores the urgency for manufacturers to enhance their cybersecurity measures to mitigate potential financial losses and protect sensitive data from cyber attacks. It also emphasizes the growing importance of investing in robust cybersecurity strategies to safeguard operations and maintain trust with customers and stakeholders.
40% of manufacturing firms not having a formal procedure to manage cyber threats in the company.
The statistic that 40% of manufacturing firms do not have a formal procedure to manage cyber threats highlights a significant gap in cybersecurity practices within the industry. This finding suggests that a substantial portion of manufacturing firms may be more vulnerable to cyber attacks due to a lack of established protocols to address such threats. Without formal procedures in place, these firms may struggle to effectively prevent, detect, and respond to cyber incidents, potentially putting their sensitive data, operations, and reputation at risk. Addressing this issue is crucial to safeguarding the security and resilience of manufacturing firms in an increasingly digital and interconnected business environment.
5% increase in security incidents among Additive Manufacturing companies from 2019 to 2020.
A 5% increase in security incidents among Additive Manufacturing companies from 2019 to 2020 indicates a rise in the number of cybersecurity breaches or incidents over that time period. This statistic suggests that companies in the Additive Manufacturing industry faced more security challenges in protecting their data, systems, and digital assets. It highlights a potential vulnerability within the industry that may need to be addressed through improved cybersecurity measures, training, and resources to mitigate the risk of future incidents. The increase of 5% signifies a notable change in the security landscape for these companies, prompting a closer examination of their current security practices and strategies to enhance their overall cybersecurity posture.
Conclusion
In conclusion, the statistics highlighted in this blog post shed light on the growing importance of cybersecurity in the additive manufacturing industry. As technologies continue to advance rapidly, it is crucial for companies to prioritize cybersecurity measures to protect their intellectual property, data, and reputation. By implementing strong cybersecurity practices, businesses can not only safeguard their operations but also maintain the trust of their customers and partners in this evolving landscape.
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