Cyberattacks against financial companies such as JPMorgan Chase and Citigroup and vendors such as Target, eBay, and Home Depot have received so much media attention these past years. Unknown to many, smart manufacturing companies are also not immune to cyberattacks. According to Deloitte, smart manufacturers are now being targeted not just by random hackers and cyber criminals, but by their own competitors and by countries engaged in corporate espionage. Their motivations are downright devious: to steal valuable data, to create business disruption, and to extort money. Competitors will do anything to gain a competitive advantage. So, just like financial services companies and retailers, cybersecurity is significantly important for smart manufacturers.