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Cyber risks for utilities, networks, and smart factories escalate

June 3, 2016

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Three utilities companies in the Ukraine, the Israel National Electricity Authority and most recently a German nuclear power plant have suffered cyber attacks in recent months. As energy, transportation, telecommunication and manufacturing companies become more reliant on automation, robotics and connected networks, they are also increasingly vulnerable to cyber attacks.

While ICS are a particular issue for the utilities sector, similar cyber-related physical damage and BI risks are also a key concern for manufacturers. So-called smart factories of the Industry 4.0 era heavily rely on automation, robots and connected supply chains.

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