Close Menu
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact

Subscribe to Updates

Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.

What's Hot

SGL Golf Launches in U.S. Market to Meet Demand for Autonomous Course Management Solutions

2026-02-03

Private Credit Rating Agencies Shape Africa’s Access To Debt. Better Oversight Is Needed

2026-02-03

Xgram Launches Private USDT ERC20 to XMR Swaps

2026-02-03
Facebook X (Twitter) Instagram
Trending
  • SGL Golf Launches in U.S. Market to Meet Demand for Autonomous Course Management Solutions
Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp RSS
TechFinancials
  • Homepage
  • News
  • Cloud & AI
  • ECommerce
  • Entertainment
  • Finance
  • Opinion
  • Podcast
  • Contact
TechFinancials
Home»Cloud»Why Manufacturers Need To Pay Attention To Cybersecurity Increasingly
Cloud

Why Manufacturers Need To Pay Attention To Cybersecurity Increasingly

Marius WesselsBy Marius Wessels2024-08-26No Comments5 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
SYSPRO Marius Wessels
SYSPRO Marius Wessels
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

As more manufacturers embrace digital transformation, they expand their digital footprint, creating new opportunities and vulnerabilities. This dual-edged sword necessitates a vigilant and proactive approach to cybersecurity.

In the era of Industry 4.0, where the convergence of digital technologies and manufacturing processes is reshaping industries, cybersecurity is no longer a peripheral concern for manufacturers. It has become a critical component of operational resilience and business continuity.

The growing threat landscape

The manufacturing sector has emerged as the most targeted industry for cyberattacks, surpassing the financial services sector. The reasons are manifold: from the lucrative nature of intellectual property stored in industrial control systems to the potential disruption that even a single day of downtime can cause. For cybercriminals, the allure of ransomware and other malicious attacks lies in the high stakes – every hour of halted production can translate into significant financial losses.

In 2022 alone, ransomware attacks on industrial infrastructure doubled, highlighting these threats’ increasing frequency and sophistication. Cyberattacks can disrupt businesses and supply chains, negating the advantages of digitalisation and resulting in substantial financial, productivity, and reputational damages. The interconnected nature of modern manufacturing, with production facilities often spread across the globe, means that a cyberattack on one entity can have a cascading effect on the entire supply chain.

Investing in defensive measures is essential

The proliferation of IoT devices in manufacturing has blurred the lines between information technology (IT) and operational technology (OT). This convergence creates a complex security landscape, as IoT devices often need more robust security features. Historically, there was a misconception that industrial IoT devices were not valuable targets for attackers. This oversight has resulted in a need for more basic security controls, making these devices easy prey for cybercriminals.

To counter this, manufacturers must implement stringent security policies and regularly update their IoT devices’ firmware. They must also ensure that IoT devices are securely integrated into the broader network infrastructure and that measures are in place to monitor and manage them.

In response to these growing threats, manufacturers invest heavily in cybersecurity measures. Beyond the technical measures, there is a critical need for a holistic cybersecurity culture within organisations. This includes continuous employee training on best practices, such as recognising phishing attempts and using strong passwords. Cybersecurity is not just the domain of IT professionals; it requires vigilance from every employee.

cyber extortion
cyber extortion. Image by Freepik

Embracing Cloud-Based ERP Systems

As manufacturers increasingly turn to cloud-based ERP systems, they benefit from enhanced security features that traditional on-premises systems cannot match.

Cloud-based systems offer several advantages. Moving to cloud-based ERP helps manufacturers stay up to date with rigorous cybersecurity protocols, as cloud service providers are constantly updating to the latest iterations of protocols and security measures.

Cloud-based systems are inherently more straightforward to secure for several reasons. The first is physical – a standard computer sitting somewhere can be accessed, damaged, or even stolen. Second, security breaches can occur because of outdated networks or systems within data centres. These become prime attack vectors due to legacy systems or inherent complexity, providing weaknesses that can be exploited. Legacy systems typically require specialist skillsets, compliance, and routine maintenance to keep them secure, and this is often underfunded (or overlooked) by already strained IT divisions.

With cloud-based ERP implementation, the ERP vendor hosts a business’ information and stores the software in a data centre owned and secured by the ERP vendor or a third-party host. Cloud-based ERP systems offer more sophisticated protection by including built-in security measures that reduce the IT department’s responsibility load. These measures provide 24/7 monitoring of both internal and external activity.

They are equipped with an immediate incident response by automatically identifying out-of-the-ordinary events and responding appropriately before they become more significant problems. Internal actions include role-based authorisations and monitoring for out-of-trend activities such as account logins from unauthorised areas. With on-premises ERP systems, all monitoring and updates are the responsibility of the business, increasing the burden on the IT department.

Cybersecurity is not an optional extra

The reality of today’s digital landscape is that cybersecurity is no longer optional but essential. Manufacturers must prioritise cybersecurity as a core component of their operational strategy. Security measures are continuously advancing. Companies must be mindful of updating systems and devices with the newest software versions, including their ERP systems. This provides access to the latest features, and newer software versions also address security flaws that could jeopardise a business.

The risks are too significant, and the consequences of inaction are too severe to ignore. By adopting a proactive approach, investing in advanced security measures, and fostering a culture of cybersecurity awareness among employees, manufacturers can protect their assets, maintain business continuity, and secure their position in a rapidly evolving industrial ecosystem.

The time to act is now.

  • Marius Wessels, Manager: Professional Services for SYSPRO Africa

cybersecurity Manufacturers
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Marius Wessels

Related Posts

Private Credit Rating Agencies Shape Africa’s Access To Debt. Better Oversight Is Needed

2026-02-03

Why South Africa Cannot Afford To Wait For Healthcare Reform

2026-02-02

SA Auto Industry At Crossroads: Cheap Imports Threaten Future

2026-02-02

Stablecoins: The Quiet Revolution South Africa Can’t Ignore

2026-02-02

South Africa Could Unlock SME Growth By Exploiting AI’s Potential Through Corporate ESD Funds

2026-01-28

How Local Leaders Can Shift Their Trajectory In 2026

2026-01-23

Why Legal Businesses Must Lead Digital Transformation Rather Than Chase It

2026-01-23

Directing The Dual Workforce In The Age of AI Agents

2026-01-22

The Productivity Myth That’s Costing South Africa Talent

2026-01-21
Leave A Reply Cancel Reply

DON'T MISS
Breaking News

Dutch Entrepreneurial Development Bank FMO Invests R340M In Lula To Expand SME funding In SA

South African SME funding platform Lula has secured R340 million in local currency funding from…

Paarl Mall Gets R270M Mega Upgrade

2026-02-02

Huawei Says The Next Wave Of Infrastructure Investment Must Include People, Not Only Platforms

2026-01-21

South Africa: Best Starting Point In Years, With 3 Clear Priorities Ahead

2026-01-12
Stay In Touch
  • Facebook
  • Twitter
  • YouTube
  • LinkedIn
OUR PICKS

South Africa’s First Institutional Rand Stablecoin, ZARU, Launches

2026-02-03

What’s Stopping Sunny South Africa’s Solar Industry?

2026-02-02

The EX60 Cross Country: Built For The “Go Anywhere” Attitude

2026-01-23

Mettus Launches Splendi App To Help Young South Africans Manage Their Credit Health

2026-01-22

Subscribe to Updates

Get the latest tech news from TechFinancials about telecoms, fintech and connected life.

About Us

TechFinancials delivers in-depth analysis of tech, digital revolution, fintech, e-commerce, digital banking and breaking tech news.

Facebook X (Twitter) Instagram YouTube LinkedIn WhatsApp Reddit RSS
Our Picks

SGL Golf Launches in U.S. Market to Meet Demand for Autonomous Course Management Solutions

2026-02-03

Private Credit Rating Agencies Shape Africa’s Access To Debt. Better Oversight Is Needed

2026-02-03

Xgram Launches Private USDT ERC20 to XMR Swaps

2026-02-03
Recent Posts
  • SGL Golf Launches in U.S. Market to Meet Demand for Autonomous Course Management Solutions
  • Private Credit Rating Agencies Shape Africa’s Access To Debt. Better Oversight Is Needed
  • Xgram Launches Private USDT ERC20 to XMR Swaps
  • Bridging Financial Frontiers: ZOOMEX Launches “February XAUT Airdrop Event”
  • Why Haier, World’s #1 Appliance Maker, Is Targeting South Africa
TechFinancials
RSS Facebook X (Twitter) LinkedIn YouTube WhatsApp
  • Homepage
  • Newsletter
  • Contact
  • Advertise
  • Privacy Policy
  • About
© 2026 TechFinancials. Designed by TFS Media. TechFinancials brings you trusted, around-the-clock news on African tech, crypto, and finance. Our goal is to keep you informed in this fast-moving digital world. Now, the serious part (please read this): Trading is Risky: Buying and selling things like cryptocurrencies and CFDs is very risky. Because of leverage, you can lose your money much faster than you might expect. We Are Not Advisors: We are a news website. We do not provide investment, legal, or financial advice. Our content is for information and education only. Do Your Own Research: Never rely on a single source. Always conduct your own research before making any financial decision. A link to another company is not our stamp of approval. You Are Responsible: Your investments are your own. You could lose some or all of your money. Past performance does not predict future results. In short: We report the news. You make the decisions, and you take the risks. Please be careful.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.