From a cross-industry perspective, the consistent top forms of cyber risk typically consists of theft of consumer information and trade secrets, infecting company websites to in turn compromise the connected systems, and holding data and information hostage for a ransom.
The industrial manufacturing space is prone to some unique cyber threats, and their impact actually present national security issues. For example: breaching the IT infrastructure to gain access to industrial control systems to disrupt plant operations; gaining access to systems that centrally and remotely control connected products in order to conduct surveillance of people, or to create a public safety hazard; and phishing of control system engineers by email, to gain access to mobile devices that they use to perform maintenance on control systems to also create a public safety hazard.
In this podcast, Shane Sims, a Principal in KPMG’s Cyber Security group, and Samuel Fogleman, a Partner in KPMG’s Internal Audit and Enterprise Risk group, sat down to discuss: