Manufacturing entities run the risk of operational disruption in addition to customer data as well as intellectual property loss from cyber-incidents. A ransomware incident can cost as much as 4 – 6% of annual revenue and bring an average of two weeks of operational shut-down.
Manufacturing entities have many industry-specific cybersecurity related requirements or guidelines to consider.
Automotive companies have CSMS
Defense supply-chain has NIST 800-171 or CMMC
Publicly traded companies have 17 CFR Parts 229/249
Connectable product companies have CLS/IoT Cybersecurity Act of 2020 requirements/guidelines