How To Protect Your Manufacturing Business From Cybercrime

How To Protect Your Manufacturing Business From Cybercrime

As a manufacturing business, it is essential that you are aware of the issue of cybercrime, as this is a growing threat within the industry (and elsewhere) – largely due to the increase in technology and the usage of the internet. Manufacturing businesses are frequently targeted by digital threats and attacks, but when you have protection in place and you know how to operate safely, this should not interfere with your business and you can have peace of mind, knowing that you are protected. Read on to discover a few helpful tips, which will help you to fight back against cybercrime and protect both your business and your customers.

  • Keep Your Operating System And Software Updated

One of the simplest yet most overlooked tips for protecting the business against digital threats is to keep the operating system and software updated at all times. New updates often contain important security upgrades, which will help to protect you against new malicious attacks. Therefore, these updates should not be delayed, especially if you are using many interconnected devices in the way that many businesses do in today’s day and age.

  • Use Two-Factor Authentication

Using random, complex passwords that are changed on a regular basis is obviously an important step, and one that should be in place already. In addition to this, it is a good idea to use two-factor authentication, which adds another layer of defence and gives you peace of mind for you’re your employees and the business.

  • Use KYC Compliance

Know your customer (KYC) compliance is also hugely important, especially in a time where large transactions take place online. So, what is KYC verification? This is the procedure of verifying who your customer is in order to prevent money laundering, corruption, identity fraud, terrorism funding and other illegal activities. The best KYC verification solutions use advanced technology that uses biometrics and machine learning to accurately verify customers in a fast and effective manner, helping to streamline this process and build trust with your customers.

  • Create Daily Backups

Creating daily backups is the kind of activity that every manufacturing business knows that they should be doing, but not every company does. This could be a grave mistake, as a breach could lead to data loss, corruption and even ransom, but if you have backups available then this is not an issue and will provide you with peace of mind in the event of a data breach or another emergency.

  • Train Your Employees

Finally, you need to provide dedicated cybersecurity training to your staff as breaches are often successful as a result of employee negligence and attacks are on the rise in this industry. Educating employees on phishing scams, password protection, backing up data, how to carry out their role safely and what steps should be taken if there is an attempted attack or breach will be key in protecting the business.

Cybercrime is on the rise in all industries, with manufacturing experiencing one of the largest increases. This means that those in this industry need to know how to protect their business, their data and their customers, with the above tips all being effective ways to bolster your protection against digital threats.