• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Jobs
  • Career
    • Cyber Security Training
    • Work from Home
    • Cyber Security Analyst
    • Remote Work – Six Ways to Keep Your Data Safe When Working Remotely
  • Field Guide
  • Newsletter Signup
  • Deals
  • News
AskCyberSecurity.com

AskCyberSecurity.com

Cyber Security News & Information

  • Home
  • Data Privacy
    • Gamers
    • Government Cyber Security
      • Legislation
      • Standards
        • What are the risks of computer security?
        • Medical Cyber Security
    • Social Media
  • Security
    • Data Breaches
    • Scams
    • Malware
  • Software
    • Apps
    • Web Browsers
  • Glossary
    • Cyber Security Acronyms
  • About Ask Cyber Security
    • Authors
    • Contact Us
  • VPN
    • How Do I Know If My VPN is Working?
    • Best Free VPN iPhone
    • Why Use a VPN?
    • NordVPN vs IPVanish
    • Private Internet Access Download
    • Best VPN for Streaming
      • TikTok VPN
    • VPN Porn
    • Computer Security Software – What You Really Need
  • Tutorials
  • ChatGPT
    • Does ChatGPT Save Data?
AskCyber Home » News » News » Make UK Reports UK Manufacturers Can’t Keep Up with Cybersecurity Costs

Make UK Reports UK Manufacturers Can’t Keep Up with Cybersecurity Costs

2021-05-07 by Grace Choi

Half of British Manufacturers Experienced Cyberattacks Since Start of Covid-19 Shutdowns

The UK experienced a spike in cyberattacks during the pandemic shutdown with the rest of the world, with 50% of general manufacturers being targets of attacks since last year. Companies’ rushed transition to remote working produced a massive increase in opportunities for attacks, as we saw in India’s statistics earlier this year.

Make UK, formerly known as the Engineering Employers’ Federation (EEF), represents UK manufacturers and has been working with them on figuring out the solution to the increase in attacks targeting manufacturers and the automotive industry.

The Cost of Implementing New Cybersecurity Measures is Too High for Most UK Companies

Although companies are trying to put protective measures in place, 59% of affected companies cite that the cost of implementing the appropriate measures is proving to be the greatest barrier between them and safety. This is a big issue considering that manufacturers have faced losses up to £25,000 each.

Unfortunately, close to half (44%) of manufacturers do not even have an training program in place to educate their employees on safe internet and privacy practices while 47% do not have a incident report system in place. These are basic measures that every company should have in place, especially since most company records and information is stored on servers. As technology advances, so should cybersecurity practices. Security no longer applies exclusively to government or high profile tech/financial companies, but to any companies using digital technology.

SEE ALSO Over Forty Percent of UK Firms Plan to Hire More Cyber Security Pros

What Does This Mean for Manufacturers?

While UK companies are working to stem existing information breaches, it is expected that the rate of targeted attacks on manufacturers will continue to rise. Make UK CEO Stephen Philipson states that this is a “strategic threat” with the potential to destroy the UK economy. Attackers are no longer restricting their efforts to large companies but also to companies with no ties to the government or larger entities. If manufacturers cannot appropriately respond to these events with cybersecurity measures or cannot afford to do so, it is predicted that the continuous attacks will act as a heavy drain on the economy and benefit governments at odds with the nation.

SEE ALSO DHS and UK Cyber Security Issue Joint Alert on Storm of COVID-19 Themed Cyberattacks

In the meantime, individuals must guard their own information. Making a habit of keeping track of our personal financial and legal information is an important first step as companies take their own steps in implementing proper security measures. For more information on what steps you can take as well as a list of data privacy courses, see: 7 Easy to Use Security Apps to Protect Your Laptop Right Now

Filed Under: News Tagged With: Europe

Primary Sidebar

Subscribe to Our Free Newsletter

We Don't Share or Sell Your Info

Web Browsers

Where Are My Saved Passwords in Chrome?

Google Removes 70 Malicious Browser Add-ons from Chrome Web Store

Firefox 75 Reports Your Browser Settings to Mozilla

Categories

Cyber Security Field Guide

Computer Security While TravelingGet Our Cyber Security Field Guide - Available on Amazon!

Recent Posts

Security Marketing Manager – Remote

Sr. Associate, Cybersecurity Architect – Pfizer

Strategic Customer Success Manager – Cybersecurity – Opportunity for Working Remotely

Top 20 Passwords Leaked on Dark Web

ISU Cybersecurity Leader Job Opening

Cyber Security News

Top 20 Passwords Leaked on Dark Web

… [Read More...] about Top 20 Passwords Leaked on Dark Web

Apple Warns of Actively Exploited Zero-Day Flaw

… [Read More...] about Apple Warns of Actively Exploited Zero-Day Flaw

IRS Stops Facial Recognition System for Online Access

… [Read More...] about IRS Stops Facial Recognition System for Online Access

National Cybersecurity Alliance Announces Data Privacy Week

… [Read More...] about National Cybersecurity Alliance Announces Data Privacy Week

More Cyber Security News

Tags

amazon Android Apple bitcoin China chrome CISA credit card DarkSide DHS DOJ Equifax Europe Facebook facial recognition FBI Firefox FTC games GDPR Google Government hacker identity theft India iPhone Iran IRS LinkedIn Microsoft North Korea PayPal phishing phishing email ransomware REvil Russia smartphone T-Mobile TikTok tutorial VPN WhatsApp WiFi Windows

Government

CBP Looks to Access Airline Passenger Data

FTC Releases Cyber Threat Video Playlist

Malware Found on US Government Funded Phones

UK NCA Reaches Out to Youth to Deter Cybercrimes

More Posts from this Category

Footer

Menu

  • Home
  • About
  • Authors
  • Newsletter Signup
  • PRIVACY POLICY

Search

Why Use a VPN?

NordVPN vs IPVanish VPN Review

NAVIGATION

  • Data Breaches
  • Data Privacy
  • Gamers
  • Scams
  • Malware

MEMBER NJCCIC

New Jersey Cybersecurity & Communications Integration Cell

STAY CONNECTED

  • Facebook
  • Instagram
  • Pinterest
  • YouTube
  • Twitter
  • RSS

Copyright © 2023 · AskCyberSecurity.com · METRONY, LLC

Go to mobile version