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Hardware and software products are increasingly subject to successful cyberattacks, leading to an estimated global annual cost of cybercrime of €5.5 trillion by 2021. Such products suffer from two major problems; A low level of cybersecurity, reflected by widespread vulnerabilities and inconsistent provision of security updates, and an insufficient understanding and access to operational information by users. To improve the aforementioned products, cybersecurity should be addressed during product development, assessed prior to product launching and monitored and patched during operation.
Machine Manufacturer Cybersecurity as a key to Competitiveness and Regulatory Compliance. Europe aspires to be a leader in cybersecurity.
- Hardware and software products are increasingly subject to successful cyberattacks, leading to an estimated global annual cost of cybercrime of €5.5 trillion by 2021.
- An increasing number of connected devices – it is expected that 22.3 billion devices worldwide will be connected to the IoT by 2024.
- Cyber Resilience Act, new cybersecurity schemes for the evaluation and certification of industrial products. Independent cybersecurity evaluations (third-party assessments) are a key enabler in these schemes.