Recent malicious attacks have highlighted the need to update systems to provide security. In the Cisco Blog:
Have you ever told your team, “Upgrading our equipment is too expensive and likely to cause downtime. Let’s just keep it running.” Ultimately, you made a risk decision. While cyber security hasn’t been a critical risk factor until recently, it has quickly emerged as one of today’s biggest risks.
Manufacturing risk management often comes down to a cost and safety discussion. These costs include downtime, IP theft, counterfeiting, brand damage, personal injury, and loss of life. Furthermore, significant security attack costs must be reported on your company’s SEC filings. ... "
' ... “Manufacturers are increasingly being targeted not just by traditional malicious actors such as hackers and cyber-criminals, but by competing companies and nations engaged in corporate espionage. Motivations range from money and revenge to competitive advantage and strategic disruption.” – Deloitte