Our client intended to understand the current state of cybersecurity preparedness of organizations with regards to their smart factory value chain. They wished to determine the key challenges that hinder a holistic cybersecurity implementation and response. Also, aiming to understand organizations’ perspective on distinction between IT and OT cybersecurity preparedness. Building on a survey of organizations across sectors and countries and extensive secondary research to accomplish these objectives. This research investigates cybersecurity from an intelligent manufacturing and smart factories perspective. Defining cybersecurity in smart factories as all measures needed to secure information technology (IT), operational technology (OT), and IIoT (industrial internet of things) across identification, protection, discovery, response, and recovery against cyber threats.