SupplyChain Magazine September 2018 | Page 47

“ According to IBM , the global average cost of a data breach exceeds $ 3.5mn , a fact that OEMs can ’ t afford to ignore ”

— Wally Stegall , Technical Fellow and Director at Morey
47 avoid security mishaps in the future .
Looking for another way to strengthen your security ? Use the power of AI to quickly and automatically identify and solve software vulnerabilities . AI can take on the responsibility of monitoring networks and addressing new threats as they arise . Take care of security deficiencies before an attack occurs to not only save time and money , but also set the tone for more secure and streamlined product development .
Industry 4.0 is well on its way to reshaping the future of manufacturing . But with the increased efficiency and transparency coming to the supply chain , you must also be ready to tackle the resulting challenges .
By taking steps to showcase the positive impacts of automation , leverage advanced security measures and enable AI to do what it does best , OEMs can pave the way for improved digitisation .
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