Page 107 - Cyber Defense eMagazine March 2024

conducting behavioral analysis to best monitor and detect unusual activity and adapting threat
intelligence with countermeasures.

As companies embrace digital innovations, AI remains a key ally in protecting sensitive data.
Manufacturers must fortify their defenses against data breaches, ransomware and supply chain
vulnerabilities. IBM reported that, in 2021, the manufacturing industry replaced the financial services
sector as the industry with the most cyber-attacks. Robust cybersecurity measures are essential to
maintain trust, safeguard intellectual property and ensure uninterrupted operations.

However, despite its promise, several CES panelists warned that AI also poses threats around cyber-
attacks. Though AI can be an invaluable tool in protecting a company’s confidential data, in the wrong
hands, it can also be used to create deepfake attacks, which have become more prevalent. Because of
this, there is a need to upskill the current workforce to not only recognize these attacks, but to also know
how to respond to them.

But meeting this need will be difficult: many small or medium-sized manufacturers do not have a
dedicated IT team, or someone in the chief security or technology officer position, in addition to other
unfilled positions. In fact, more than 80% of manufacturing companies are experiencing a labor shortage,
according to the Women in Manufacturing Association. What’s more, the World Economic Forum reports
that more than half of all employees will need to be upskilled or reskilled by next year to prepare for the
anticipated increase in automation and AI.

Beyond AI, CES also highlighted how important digital modernization is for the supply chain, evaluating
how new technologies play a pivotal role in enhancing supply chain logistics and impacting how goods
move from manufacturers to consumers. CES recognized the importance of resilient supply chains and
showcased technology, such as AI integration, that will help companies become more cyber prepared.

This conference underscored the urgency of embracing digital transformation in manufacturing. Many
digital tools are no longer optional; they are vital for companies to survive and grow. As facilities become
smarter, more connected, and more data-driven, manufacturers need employees who are trained to use
the technology. CES showed the need for robust supply chain solutions, emphasizing both security and
agility in an ever-evolving technological landscape.

Cyber Defense eMagazine – March 2024 Edition 107
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