War in Ukraine is just the tip of the iceberg when it comes to burgeoning geopolitical unrest. Malignant actors have taken advantage of widespread global disruption and other crises to increase acts of hacktivism and cyberwarfare. In fact, European officials claim that there are over 10 TB of sensitive information stolen every month, with both ransomware and phishing being tapped as the most common tool used to gain inroads to data.
Widespread coronavirus lockdowns have stirred the wanderlust in the public. For 2021, the RV Industry Association showed that production of RVs was up by nearly 20%, over the previous year’s record production levels. In fact, last year alone saw more than 600,000 new RVs hit the road, bringing people the ability to travel safely while observing COVID protocols.
The healthcare industry is understandably fixated on putting strong cybersecurity policies into place. After all, over 100 data breaches were recorded between January and the end of April this year, putting patient data and patient lives at risk. Most recently, the second largest hospital chain, CommonSpirit Health was recently hit with an unprecedented attack that caused widespread system outages that endangered patient lives.
Like other industries, the practice of engineering has increased in complexity over the years, in part due to wide-ranging compliance issues arising from entanglement among the areas of liability, technology, and regulation. Advances in technology have made it possible for once local engineering firms to broaden their service areas to include surrounding states or even nationwide coverage. Of course, with this expanded reach comes an increase in regulatory requirements, making document retention an essential part of proper compliance — and protection in the event of legal difficulties.
Post-pandemic supply issues continue to plague most car dealers, causing extreme shortages of inventory across the country. In many cases, cars are completed, but sit on manufacturing lots, waiting for microchips, leaving showroom floors and car lots with little inventory to choose from. Of course, customers could try to custom order a new model, but those weight times are extraordinary, with some brands and models taking up to one year to be delivered to dealers.
While the big corporations tend to make headlines when their data are breached, it’s the small and medium-sized companies that are most frequently chosen as victims by savvy cybercriminals. In fact, today’s small business landscape is plagued by cyberattacks, with 61% of small or medium-sized businesses (SMBs) experiencing an attack last year. Putting that into perspective — a full 43% of data breaches were directed at the SMB community — almost half of all cyberattacks and the primary target for cybercriminals.
Global lockdowns, supply chain breakdowns, and low employment levels have all combined to move the manufacturing industry into its current phase. With an emphasis on resiliency, sustainability, agility, and above all, employee health and safety, manufacturers must adopt new procedures and strategies, or risk being displaced by more agile competitors.
Last year, a survey conducted by Gartner showed nearly a third of businesses had moved their marketing tasks in-house over the previous year. This trend that has been accelerating as more companies look for ways to conserve resources while increasing their competitive edge. Having an internal creative team allows marketers to get closer to the brand, adding to their understanding of what is needed for success. Additionally, an in-house marketing agency allows for expanded flexibility and the speed required to turn projects around in record time. With in-house agencies, cropping an image, changing verbiage, or modifying a color selection is fast and simple, which is advantageous not only from a speed, but also a cost standpoint.
With supply chain disruptions and uncertainty in the markets, manufacturing companies have a lot of challenges these days. Unfortunately, the challenges are only increasing, especially when it comes to cybersecurity.