Turnaround and transformation in cybersecurity: Industrial products

Manufacturing stands on the threshold of profound change: The confluence of cloud computing, Big Data analytics, sensor-based technologies, 3D printing and robotics is beginning to transform the way products are developed, manufactured and sold. At the same time, manufacturers are broadening their business models by offering new technologies and services, as well as monetizing data generated by the products they produce.

This interconnected ecosystem of data-driven technologies - essentially, the Internet of Things (IoT) - will bring enormous efficiencies but it also will open new avenues of cybersecurity risks. Already, manufacturers report that security compromises of IoT technologies like operational systems and embedded devices more than doubled in 2015, according to The Global State of Information Security® Survey.

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Bram van Tiel

Partner Cybersecurity & Privacy, PwC Netherlands

Tel: +31 (0)62 243 29 62

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