The manufacturing industry is multi-organization dependent. Here's how it can keep its files secure during collaboration.
Cyberattacks are becoming a regular feature in the global market. The scale and variety of these attacks have grown considerably. The recent pandemic has spiked such attacks and many Covid-19 scams ranging from social media posts, smishing (small message phishing), phishing, ransomware, have skyrocketed this year.During the pandemic, attackers are taking advantage of the fact that many employees are working from home–sharing sensitive information with third-party vendors without the technical protections their corporates provide, and many organizational policies are not designed to protect against such distributed environments. Such cyberattacks cost time and money to the industrial firms and their customers.With the manufacturing industry becoming extremely digitized and data-driven, they find themselves under serious attack. The complex nature of a multi-organizational dependency and data-management leaves the manufacturing industry vulnerable to supply-chain cyberattacks.Unfortunately, the manufacturing industry still does not seem to understand the underlying risk. It is time for a wake-up call to security for the manufacturing industry especially the supply chain management where there is much connection, integration, and interdependencies with third-party organizations.
1. Digital Security risks – Sharing and accessing CAD files requires opening information systems to external users and this poses digital security threats that can lead to incidents that can disrupt the availability, integrity, or confidentiality of the CAD files.Sharing CAD files with suppliers and third-party vendors can harm the entire supply chain. As innovation is the life-blood in the manufacturing industry, industrial digital espionage will also increase, and sometimes these attacks may be designed to damage an organization’s reputation.2. Violation of IP and other interests – Enhanced access and sharing can lead to violating contractual and socially agreed terms of data re-use, and thus lead to acting against agreed expectations of the users. It can lead to fines due to privacy violations.3. Violations in data re-use /Snooping– Even when organizations agree to specific terms in data sharing and re-use, sometimes a third-party may intentionally or unintentionally use the data differently.4. Loss of control over data– This is the most important issue for both organizations and individuals. Once the data moves outside the information system of the original data holder there is less control over data. Data holders lose their capabilities to control how the data is used/re-used. The risks of loss of control are multiplied when data is further shared across multiple tiers across multiple locations.
The manufacturing industry experienced the steepest increase among them accounting for 156% quarter on quarterBeazly Breach Response report
While many products promise to secure CAD files shared in worldwide process chains using proprietary encryption, when you have already invested in Microsoft Office 365, you can leverage Microsoft Information Protection for your CAD files using a simple cost-effective connector – HALOCAD.