Ransomware attacks on the manufacturing sector have surged, with 21% of all attacks targeting manufacturing organizations in 2020, continuing into 2021. By 2023, manufacturing became the top industry affected, with an 83% year-over-year increase in victims. In 2023, 56% of manufacturing organizations were hit by ransomware, with attackers encrypting data in 68% of these incidents.
Only 34% of manufacturing organizations chose to pay the ransom, while 73% used backups to restore their systems. The manufacturing sector must prioritize cybersecurity, including enhancing credential security, regularly updating systems, and maintaining comprehensive backup and recovery plans.
View the latest ransomware attacks on the Manufacturing industry:
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