View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cybersecurity
September 24, 2015

UK critical infrastructure at risk of cyber meltdown

News: Companies not taking enough preventive measures.

By CBR Staff Writer

Cyber attacks are posing a major threat to the UK’s critical infrastructure and manufacturing base, in the wake of industries integrating industrial control and corporate information systems.

According to a study conducted by KPMG, 80% claimed that they have or are planning to merge their production and corporate IT systems, with 83% believing that that their production systems can be targeted.

However, two-third of respondents claimed that they have not yet analysed the threat that cyber criminals pose to their industrial control systems.

Nearly 50% of respondents also confessed that their businesses were not investing enough to improve cyber security.

The issue was highlighted in 2014, when unknown attackers took control of the corporate network of a German steel plant.

The German Federal Office for Information Security (BSI) revealed in its annual report that the attackers used booby-trapped emails to steal logins to get into the mill’s control systems.

Parts of the plant failed to operate and a blast furnace suffered major damage.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Previously, a virus called Stuxnet was also used to damage centrifuges being used by Iran in its nuclear enrichment programme.

Such attacks can not only be an economic burden but could also pose major threat to environment, said KPMG.

KPMG Cyber Security team member Roy McNamara said: "As industrial control systems evolve companies are looking to reduce costs and improve efficiency by consolidating IT services and adopting sophisticated data analytics, integrating previously standalone control systems with corporate intranets or even the internet.

"In doing so, they may open themselves up to threats including organised crime, hacktivism and even state sponsored attack."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU