Fighting Back: Can Manufacturers Turn the Tide?
14th April, 2026 • Online
When you're the most targeted group worldwide, and you know you need better security, what are your priorities for 2026?
Tough times for the world's most targeted sector
The numbers are stark. Manufacturing has been the #1-targeted industry by cybercriminals four years in a row. That's according everyone from IBM through to the FBI.
Why? Because manufacturing hold highly monetisable IP and sensitive operational data which is useful to both economic and nation-state attackers; because they are extremely sensitive to downtime and so are more likely to pay to get up and running again; and because disrupting them can have significant wider economic effects.
The other reason unfortunately is weak internal security. The most significant attack of the year involved the poorly-debated risk-acceptance of an unsecured legacy system.
That's why manufacturing organisations polled for a recent study reported that exploited vulnerabilities now drive 32% of all successful ransomware attacks, with malicious email (23%) and credential compromise (20%) close behind.
Even more troubling, manufacturers have the second-highest rate of data theft across all sectors (39% of cases where encryption occurred). This means the threat has shifted from operational disruption to large-scale IP extraction, trade secrets theft, and supply chain coercion - exactly the scenarios that keep manufacturing CISOs awake at night.
And critically, most victims cite a lack of expertise (42.5%), unknown security gaps (41.6%), and lack of adequate protection (41%) as the core reasons they were breached.
In other words: manufacturing CISOs know they need more help, more tools, and more trusted suppliers.
Meanwhile, attackers have evolved. Although data encryption rates have fallen to 40% - the lowest in five years - the rise of pure extortion attacks has tripled, hitting 10% of all manufacturing victims.
The business consequences remain severe. Even after declining 24% year-on-year, average recovery costs still hit $1.3 million, and more than half of manufacturers (51%) paid ransoms despite strong backup practices. And the human cost is escalating:
- 47% of teams report increased anxiety or stress,
- 44% report increased pressure from senior leaders,
- 41% report sustained workload increases,
- and 27% saw leadership replaced after an incident.
This is one of the highest-stress cybersecurity environments in the world. These leaders are investing fast but they cannot solve these problems alone.
They need partners. They need help from their peers. And they need a trusted space to find them. That's why we are running the e-Crime & Cybersecurity Manufacturing Summit.