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Emerging Cyber Threats in the Manufacturing and Mining Sectors

Increasingly companies are looking to adopt smart technologies to optimise production and decision-making in order to create businesses of the future. However, as reliance on autonomous and digital technology grows, so too does the risk of cyber-attacks.

As technologies become more interconnected, the potential cybersecurity threats and attack vectors are growing. The consequences of these threats can be severe, resulting in production and revenue losses, regulatory fines, reputational damage, as well as the shutdown of critical infrastructures.

This has been further compounded by the complexities and uptake of smart systems that use advanced technologies such as machine learning and the Internet of Things (IoT). Termed ‘Smart Manufacturing/Smart Mining’, South African industry leaders recognise that the terms encompass everything from Artificial Intelligence (AI) to robotics and cyber security.

 

Two men looking at a mining map on a computer

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Junaid Amra

Junaid Amra

Partner, PwC South Africa

Tel: +27 (0) 82 953 9325

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