Mitigating cyber risks in industrial supply chain : comprehensive policy model for Industry 4.0

Abdul, Fattah (2024) Mitigating cyber risks in industrial supply chain : comprehensive policy model for Industry 4.0. GRADUS, 11 (3). ISSN 2064-8014

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Abstract

This paper develops policy recommendations for improving cybersecurity in the manufacturing industry by exploring cyber vulnerabilities in industrial supply chains in Industry 4.0. The study uses data from previous cyberattacks and policy trends. It results from a case study on risk-handling simulation experiments to evaluate the potential impact of different industrial process related threats. The results highlight the increased risk and potential impact of cyber-attacks in industrial operations, data breaches, and physical damages in Industry 4.0. This study combines primary and secondary data from secondary sources along with system dynamics-based simulation experiments to develop comprehensive policy models that target mitigating cybersecurity vulnerabilities in industrial supply chains. The recommendations provide additional details on policy measures to (a) choose a centralized warehouse system to reduce cyber risk, (b) improve the resilience and security of Industry 4.0 systems in an environment where cyber threats continually evolve, technology advances come rapidly, and networks become increasingly interconnected

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