Monthly Looking Forward Quick Poll

A recent Wall Street Journal article noted that manufacturers are increasingly purchasing cyber insurance to protect themselves from the growing risk of cyber crime. It cited the example of Abbott Laboratories, which was recently criticized by regulators for botching its response to a report that certain of its defibrillators and pacemakers could be manipulated by hackers. Closer to home, the need for greater cyber security was a key finding of Kreischer Miller’s 2017 Greater Philadelphia Manufacturing Survey. Cyber risk doesn’t just impact manufacturers, however. With the pace of technological change rapidly increasing, it is an issue that impacts every business in every industry.