INDUSTRY 4.0: CYBER RISK AND COMPLIANCE CHALLENGES

Industry 4.0 is otherwise known as the fourth industrial revolution. It is another step change in reducing cost and speeding up delivery. Today, manufacturing organisations are already challenged to provision/control user access across ERP instances and production line systems for employees or third parties. Advanced digital technology is already used in manufacturing, but with Industry 4.0, it will transform production but will also provide more targets for cyber threat actors with the addition of cloud-based applications, RPA bots, and advancements in AI across networked robots and mobile robots. These changes in the enterprise also makes it more difficult to meet SOX access controls and other regulated access rules. Given that nearly all breaches involve a compromised credential, it is critical to have exacting controls over who gets access to what. This exclusive session with Robert Hannigan, will show that with the increased connectivity and use of standard communications protocols that come with Industry 4.0, the need to protect critical industrial systems and manufacturing lines from cybersecurity threats increases dramatically. As a result, secure, reliable communications as well as sophisticated identity and access management of machines and users are essential.