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Cyber Threats on the Rise in Mining & Manufacturing Industries

Image sourced from Software ONE. Increasingly companies are looking to adopt smart technologies to optimise production and decision-making in order to create businesses of the future. However, as reliance on autonomous and digital technology grows, so too does the risk of cyber-attacks. As technologies become more interconnected, the potential cybersecurity threats and attack vectors are growing. The consequences of these threats can be severe, resulting in production and revenue losses, regulatory fines, reputational damage, as well as the shutdown of critical infrastructures. This has been further compounded by the complexities and uptake of smart systems that use advanced technologies such as machine learning and the Internet of Things (IoT). Mining, Manufacturing Under Threat Termed ‘S...

How Tech is Changing the Mining Industry’s Future

Sourced from Mining Weekly. The mining industry across the globe is currently undergoing a technological paradigm shift. Mines of the future will require advanced technologies and mining operators are all set to embrace the new digital technologies to gain a competitive advantage. For centuries, mining has provided us with the raw materials that have enabled us to develop our economies and build communities. Mining as an industry has been maturing over the last few decades on the back of an ever-increasing demand for resources on one side, and a need for sustainability on the other. Even though there have been challenges in the South African mining industry for several years, it still employs nearly 5% of South Africa’s employed workforce, makes a significant direct contribution to GDP, si...