Among CPG companies, cybersecurity incidents are rising. More than 40% of CPG manufacturers were hit by a cyberattack in 2020. And the financial consequences of compromise are high and rising. The average cost of data breaches in the CPG sector soared to $3.7 million in 2021, a 42.9% jump over the year before*. Trends expected to drive increased cybersecurity requirements include more use of Internet of Things (IoT) sensors and devices, the growing availability of 5G, and IT / OT network convergence. More devices and operating systems will connect and transmit data across networks, significantly expanding attack surfaces. Industrial automation suppliers have a unique perspective and knowledge of the technologies that power CPG facilities. Collaborating with them (and their network of partners) can accelerate time-to-value resulting in lower costs and improved cybersecurity posture.
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