What are major IT related risks for manufacturing concerns ?

Question

Accepted Answer

Major IT related risks for manufacturing concerns include data breaches, system failures, and supply chain disruptions.

Data breaches: Manufacturing companies store sensitive data such as customer information, intellectual property, and financial records. A breach can lead to loss of trust, legal consequences, and financial damage.
System failures: Manufacturing operations heavily rely on IT systems for production planning, inventory management, and quality control. Any system failure can result in production delays, loss of productivity, and customer dissatisfaction.
Supply chain disruptions: Manufacturing concerns depend on a complex network of suppliers and vendors. IT risks such as cyberattacks, software vulnerabilities, or communication breakdowns can disrupt the supply chain, causing delays in production and delivery.
Industrial espionage: Manufacturing companies often face the risk of intellectual property theft, where competitors or foreign entities attempt to gain unauthorized access to trade secrets, product designs, or manufacturing processes.
Legacy systems: Many manufacturing concerns still use outdated IT systems that may lack security updates and are more vulnerable to cyber threats. These legacy systems pose a risk of data breaches and operational disruptions.

Accepted Answer

Database system need to be protected from outsiders, manufacturing cost reduced secret should not be breached.Manufacturing data should be stored separately and regular back up system should be arranged.

Accepted Answer

Complete Software outage Partial outage relating to slow or delayed work Cyber security risks like DDOS , phising and malware attacks Supply chain interruption Product recall due to total or partial failure

What are major IT related risks for manufacturing concerns ?

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