Manufacturing Cyber Security: Threats, Prevention & Response
- Cottingham & Butler
- Aug 13
- 1 min read
Our most recent webinar, "Manufacturing Cyber Security: Threats, Prevention, & Response" was an interactive discission hosted by Cottingham & Butler and Travelers industry experts. As manufacturing operations face increasingly sophisticated cyber threats designed to disrupt production, steal intellectual property, and compromise sensitive data, this session highlighted how to protect your operations.
For those who couldn't attend or would like to revisit the material, we've compiled key takeaways below:
Rising Threats:
Ransomware and social engineering fraud are increasing significantly, with manufacturers being prime targets. These attacks can disrupt production, compromise intellectual property, and expose sensitive company and employee data - often sold on the dark web.
Proactive Protection Is Critical:
Implementing strong cybersecurity measures is essential. This includes multifactor authentication, endpoint protection, data encryption, and network segmentation to reduce exposure and limit damage.
The Cost of Inaction:
According to Travelers, the average ransomware incident costs $509,158, with systems down for an average of 26 days. In addition to proactive protection, a cyber insurance policy acts as your business’s financial bodyguard - it works quietly in the background but will step in to absorb the impact when trouble strikes.