Every company is going to experience a cyberattack; what's hard to know is how to prepare and how to respond. Protecting an industrial process is a lot more complicated than downloading the latest anti-virus software, and most executives do not know where to begin. More than half of electric utility executives surveyed by the Ponemon Institute, which studies cybersecurity, said they expect a cyberattack on a significant piece of infrastructure in the next 12 months. Only 42 percent said their defenses were high. They listed their problems as lack of skilled workers, fragmented control systems and slow detection of system breaches. Only 31 percent said they were prepared to respond to an attack.

A hundred and thirty three years--that's how long Virginia-based Newport News Shipbuilding has been in the business of manufacturing ships. As the sole developer of U.S. Navy aircraft carriers, the company has constructed more than 30 warships, including the world's first and largest nuclear-powered carrier, which weighs 100,000 tons and comprises 300 million parts. Traditionally, building a ship like this might require 30 million to 40 million man-hours. Digital transformation has upended the ship building business, said Bharat Amin, VP and chief information officer at Newport News Shipbuilding, on stage at Siemens' Spotlight on Innovation, an annual technology conference held recently in Orlando. "You hear about smart cities, we want to be a smart shipyard," Amin told the audience.