Most machinery companies are small and medium-sized companies. As is the case with many such companies, many have probably overlooked cyber risks, with the thought being that hacking affects only large financial services companies, health care companies, and retailers. This would be a mistake. Surveys show that most hacks are on small and medium-sized companies and that the risk is growing.
John L. Watkins is a lawyer with Thompson Hine LLP's Atlanta, Georgia office. He represents machinery and equipment suppliers, including German and international companies, in business dealings and in litigation.