Welcome to the 9th Edition of Our Manufacturing Security Insights Newsletter!

Hello everyone!

In this edition, we're diving into some of the most critical topics shaping the manufacturing & security landscape today. From the intersection of artificial intelligence (AI) and energy to the latest in global trade agreements, we've got you covered with insights and updates that matter.

  1. The 'True Impact' of UK Manufacturing
  2. UK Manufacturing sees first output increase since 2022
  3. AI and Energy: Balancing Innovation with Security 
  4. JLR's Investment in Workwear and Radio 
  5. Security Tip: Enhancing Early Detection
  6. Boost for UK Manufacturing: New Trade Agreements 
  7.  Machine Learning Security Principles

Stay informed and stay secure with the latest insights and updates in our 9th edition.

But first, have you considered the impact of criminal activity on your facility's overall efficiency? While security might not be at the forefront of your daily concerns, understanding the hidden costs associated with criminal acts can be crucial for maintaining seamless operations.

Read our latest blog below.

Read the full blog here

In Manufacturing News...

Report reveals ‘True Impact’ of manufacturing is nearly a quarter of UK GDP
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A major new report, "The True Impact of UK Manufacturing," reveals that the sector significantly outperforms previous estimates.

Unveiled at MACH 2024 in Birmingham, the report highlights that manufacturing is worth £518 billion and supports 7.3 million jobs across the UK. This equates to nearly 23% of the total GDP, vastly exceeding the commonly cited figure of 8.2%.

Discover the full details and implications of these findings in our latest article.

Read the Full Article.

UK Manufacturing Sees First Output Increase Since 2022

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The latest Industrial Trends Survey by the CBI reports that UK manufacturing output volumes rose for the first time since November 2022 in the three months leading up to May. Manufacturers anticipate a modest further increase in output over the next three months to August.

However, the sector faces challenges, with total and export order books weakening in May. Despite this, stocks of finished goods remain more than adequate to meet demand, and expectations for selling price inflation have softened after earlier increases in the year.

Key findings from the survey of 245 manufacturers include:

- A rise in output volumes (+14%) for the three months to May.
- An expected modest rise in output (+7%) for the next three months to August.
- Motor vehicles and transport equipment sectors are driving growth despite overall mixed performance across sub-sectors.
- Weakened total order books (-33%) and export order books (-27%) below long-run averages.
- Improved stock adequacy (+14%) for finished goods.
- Softer expectations for selling price inflation (+15%).

Discover the full details in the article.
UK Manufacturing Set to Thrive with New Trade Agreements
Read the article here

The UK has taken significant steps to boost its manufacturing sector through two major trade agreements. The country has completed the key requirements to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade bloc worth £12 trillion in global GDP.

This move is expected to provide substantial benefits, including lower tariffs and fewer trade barriers for British businesses, encompassing 500 million consumers across some of the world's largest economies.

Additionally, the UK has reached a Double Taxation Agreement (DTA) with Peru, preventing businesses from being taxed twice and significantly reducing the costs of bilateral trade and investment.

For more detailed insights and the full impact of these trade agreements on the UK manufacturing sector, read our latest article.


Read the Full Article

 

JLR Enhances Workplace Experience with Major Investment in Workwear and Radio

JLR is transforming its UK manufacturing facilities with a multi-million-pound investment aimed at improving the work environment for its employees. This initiative includes the introduction of a luxury range of workwear and the installation of radios across production sites.

Key Highlights:

  • Luxury Workwear: Developed with input from JLR colleagues, the new range includes over 300 options, such as hijabs, maternity wear, and temperature-regulating clothing, ensuring comfort and inclusivity.
  • Radio Installation: After two years of research and trials, JLR has committed over £2 million to install radios at its sites. This initiative aims to boost morale and enhance the workplace experience, with over 90% of employees reporting increased enjoyment and well-being during trials.

These efforts reflect JLR's commitment to creating a modern, inclusive, and supportive work environment, aligning with the luxury and sustainability of its brand.

Discover the full story and the positive impact on UK manufacturing in our latest article.

Read the Full Article

Security Tip...
Golden Rule No 7

The Best Security System Provides the Earliest Detection

Minimising adversary 'time on task' is crucial for effective security. For theft, this includes entry, acquisition, and withdrawal. For sabotage or terrorism, 'time on task' is shorter, focusing on swift entry and action.

Early detection, ideally at the perimeter, extends response time, especially vital for sabotage and terrorism. Placing alarm systems as far from targets as feasible allows more response time but this must be balance against costs and detection effectiveness.

Utilise CCTV and non-physical methods like compliance hotlines, undercover investigations, and materials accounting can also enhance early detection. 

Key Takeaway: Early detection and strategic alarm placement are critical to maximising response time and mitigating risks effectively.

In Security News...

Powering the Future: Navigating the Intersection of AI and Energy Security

Read the article here

AI is transforming how we work and interact, but it comes with a high energy demand, particularly from data centers.

This surge in energy consumption poses significant national security risks if we don't update our energy policies. To mitigate these risks, we need to ramp up energy production and modernize our infrastructure.

We must also stay competitive on the global stage, especially against countries like Russia and China, while balancing the need to protect our environment.

In summary, AI is here to stay and will drive incredible innovation. However, to harness its potential responsibly, we need a robust energy strategy that safeguards both our national security and the planet.

Read the Full Article

Machine Learning Security Principles

Read the full article here

Artificial intelligence (AI) and machine learning (ML) hold immense potential for societal benefits, but they must be developed, deployed, and operated securely to fully realise these opportunities. AI and ML systems face unique security vulnerabilities that need addressing alongside standard cyber threats. Prioritising security from the development phase through the entire lifecycle of ML systems is crucial for achieving cyber resilience.

To guide developers, engineers, decision-makers, and risk owners, a set of principles has been established. These principles aim to help make informed decisions about the secure design, development, deployment, and operation of ML systems. They underpin the NCSC’s Guidelines for secure AI system development and promote 'secure by design' practices.

Key principles include:

  • Taking ownership of security outcomes for customers.
  • Embracing transparency and accountability.
  • Building an organisational structure that prioritises security.

For a deeper understanding of these principles and their implementation, ensuring the secure and responsible advancement of AI and ML technologies, read the full article.

Crime Resilient Security Services...

At Equilibrium Risk, we recognise the urgency and gravity of the aftermath of criminal activity for manufacturing organisations.

As you recover from security breaches, our dedicated focus is to rebuild your defences stronger than ever.

Find out how we can help you rebuild stronger and secure your future.

Find out More
Equilibrium Risk. 3M BIC Firth Street, Huddersfield. W Yorks. HD1 3BD. United Kingdom
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