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Managing Manufacturing Risk: Cyber Enters the Picture

Hackers caused massive damage to a steel mill in Germany last year.

By Michael P. Voelker, PropertyCasualty360 | Updated on July 15, 2015

In late 2014, a steel manufacturing facility in Germany lost control of its blast furnace, causing massive damage to the plant. The catastrophe’s trigger was traced not to employee error, but rather, a cyber attack.

Hackers had used a “spear phishing” campaign, sending targeted individuals at the company legitimate-looking e-mails that, when opened, pilfered logins and passwords that were used to break into the facility’s furnace-control systems.

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