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The cyber risk facing the manufacturing sector is likely greater at this point than ever before. The post Stop the line: Cyberthreats facing manufacturing first appeared on Digital Shadows. Cybercriminals have demonstrably pivoted.
In a recent cyberattack, the LockBit ransomware group targeted U.K-based based Zaun, a manufacturer of high-security perimeter fencing—revealing critical vulnerabilities in manufacturing networks. LockBit, a well-documented threat actor, struck Zaun with a sophisticated attack on August 5-6.
The manufacturing sector faces an increasingly daunting cyberthreat landscape that puts production operations, intellectual property, and entire supply chains at risk. Simply checking boxes is no longer sufficient to withstand escalating cyber attacks from criminals, nation-states, and insiders," the paper states.
A recent online survey conducted for Hartford Steam Boiler Inspection and Insurance Company (HSB) suggests that over 74% of prospective owners of Electric Vehicles(EVs) are in a fear that their vehicles might fall prey to ransomware, state funded campaigns and other variants of cyber attack when connected to public charging stations.
The cyberthreat landscape has fundamentally changed. The latest Europol "Internet Organised Crime Threat Assessment" reaffirms that cybercriminals now operate like sophisticated businesses, now with AI assistance and organized online communities. Compare this to a 200-person manufacturing company's entire IT budget.
Manufacturing needs to adopt a Zero Trust approach to mitigate increased cyberthreats. Long gone is the time when manufacturing systems and operations were siloed from the Internet and, therefore, were not a cybersecurity target. Thu, 10/20/2022 - 06:20. Survey’s key findings.
Key Findings During the reporting period (August 1, 2024January 31, 2025), the manufacturing sector faced a turbulent threat landscape: Attackers ramped up their abuse of remote external services software, used impersonating domains for targeted spearphishing attacks, and continued to target the sector with ransomware.
Most aviation processes are heavily digitized, and in the wake of new cyberthreats, airlines and the broader sector must prioritize cybersecurity more than ever before. Ransomware is especially prevalent, with 55% of civil aviation cyber decision-makers admitting to being victims in the past 12 months.
The Honeywell 2025 CyberThreat Report delivers a sobering snapshot of today's industrial cybersecurity landscape: cyberattacks targeting operational technology (OT) environments are no longer rare or speculative—they're persistent, highly targeted, and increasingly sophisticated. OT defenders must plan for: Hybrid threats (e.g.,
Critical infrastructure under siege: The healthcare and public health sector was the most targeted by ransomware attackers in 2023. Other critical sectors, including manufacturing and government facilities, also faced significant threats. Ransomware The IC3 recognized 67 new ransomware variants in 2024.
Ransomware was the number one attack vector on critical infrastructure in 2021, according to a report by Dragos, a leading company in industrial cybersecurity. You can combine all the other sectors together and not get to where manufacturing is getting hit," Dragos CEO Robert M. To read this article in full, please click here
Accenture’s Cyber Investigation & Forensic Response (CIFR) and CyberThreat Intelligence (ACTI) teams published an analysis of the latest campaign conducted by financially motivated threat group Hades which have been operating since at least December 2020. . ” concludes the report.
Discover the latest cyberthreats to manufacturing industry including ransomware and nation-state aligned attacks. Learn how to protect your business today.
With the advent of new technologies and rising cyberthreats , 2025 promises significant shifts in the cybersecurity domain. Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge. Enhanced Focus on Data Privacy Data breaches have shown no signs of slowing down.
Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. And the threat is growing. Ransomware Protection and Recovery Steps. Ransomware removal tools. Data backup.
Cyberthreats are becoming increasingly difficult to detect. Our threat research analysts have complied the latest threat intelligence data to bring you the most cutting-edge and insightful information about the most recent cyberthreats and what they mean for you. What does this mean for your business?
The global rise of ransomware attacks over the last several years has become an urgent concern, as cybercriminals relentlessly target organizations and individuals, demanding exorbitant ransoms for the release of vital encrypted data. By refusing to pay ransoms, the coalition aims to degrade the lucrative ransomware ecosystem.
Based on our survey of over 900 ICS security leaders in the United States, Germany, and Japan, we dig deeper into each industry's challenges and present Trend Micro's recommendations.
So, the cyberthreat still exists in the patched systems and can be exploited by hackers soon, says a research conducted by F-Secure. Satya Nadella led company says that the attack was launched by Hades Ransomware gang that operates for Hafnium, a state sponsored cyberthreat funded by Chinese intelligence.
The industry is also vulnerable to ransomware attacks, in which cybercriminals encrypt critical data and demand a ransom for its release. We have seen largely Russian cyberattacks masquerading as ransomware against oil and gas pipelines (Colonial), healthcare (Change, Ascension, Synnovis, etc.),
Ransomware is one of the fastest-growing and most destructive cyberthreats today. Cybersecurity researchers largely agree that ransomware growth has been astronomical; the only question is by how much. Given how high profile ransomware attacks have become, you may be wondering if you, too, could become a target.
The US FBI warns that the Ragnar Locker ransomware gang has breached the networks of at least 52 organizations from multiple US critical infrastructure sectors. “RagnarLocker ransomware actors work as part of a ransomware family, frequently changing obfuscation techniques to avoid detection and prevention.”
However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Related: Free tools that can help protect elections I had a deep discussion about this with Todd Weller, chief strategy officer at Bandura Cyber.
How to check - and what you can do According to a detailed technical analysis by Rapid7, Brother uses a password generation algorithm during manufacturing that is easily reversible. That means Brother's only remedy is to update its manufacturing line so that new printers ship with non-predictable default passwords.
Annual simulation exercises: The legislation calls for annual cross-sector crisis simulation exercises to prepare for potential food-related cyber emergencies or disruptions. The Farm and Food Cybersecurity Act of 2025 represents a proactive approach to safeguarding these critical sectors against evolving cyberthreats.
“Prometheus” and “Grief” – a multi-billion dollar ransomware market obtained two new emerging players. Prometheus is a new emerging ransomware group extorting enterprises in various verticals across the globe. Thanos ransomware (a.k.a. Source: [link]. prometheushelp@airmail.cc
And get the latest on ransomware trends and on cybercrime legislation and prevention! 6 - Report: Global ransomware attacks up in 2024 Ransomware attacks grew 15% worldwide last year, compared with 2023, as ransomware gangs show a growing interest not just in encrypting data but in stealing it to further monetize it.
CISA, and MS-ISAC—along with the cybersecurity authorities in six countries—have published a joint Cybersecurity Advisory entitled, " Understanding RansomwareThreat Actors: LockBit." According to the advisory summary: "In 2022, LockBit was the most deployed ransomware variant across the world and continues to be prolific in 2023.
RedEnergy is a sophisticated stealer-as-a-ransomware that was employed in attacks targeting energy utilities, oil, gas, telecom, and machinery sectors. Zscaler ThreatLabz researchers discovered a new Stealer-as-a-Ransomware named RedEnergy used in attacks against energy utilities, oil, gas, telecom, and machinery sectors.
As soon as disks entered the data storage industry, many tape storage manufacturers thought to exit the storage business. As this storage medium is not connected to the internet and is offline, it cannot be infected with ransomware…hmm, as of now. In the year 2020, the sale of the compressed capacity was just over 100 exabytes.
As we navigate through 2024, the cyberthreat landscape continues to evolve, bringing new challenges for both businesses and individual consumers. The latest OpenText Threat Report provides insight into these changes, offering vital insights that help us prepare and protect ourselves against emerging threats.
The Babuk cyberthreat gang, discovered in 2021, has been targeting various sectors. These sectors range from healthcare to logistics to manufacturing. To mention one of the recent cyber incidents related to […]. The post Babuk Gang: The Rising Threat on Cyber Security Landscape appeared first on Kratikal Blogs.
According to a recent poll by the US Chamber of Commerce , 60% of small businesses are concerned about cybersecurity threats, and 58% are concerned about a supply chain breakdown. Services businesses are right to be concerned.
Because of some vulnerabilities in solar panels and smart devices, security experts state that the Australian Electricity Grid is becoming super vulnerable to cyber attacks. As Ransomware spreading gangs are particularly focusing on energy and manufacturing firms, the level of seriousness on scale increases to many folds, added Mr. MacGibbon.
Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other.
Security researchers responded Monday to news of the REvil ransomware attack on computer and electronics manufacturer Acer late last week, mostly expressing shock over the $50 million price tag and advising the computer maker not to pay. Quintin Lin, CC BY-SA 2.0 link] , via Wikimedia Commons).
And when malware, ransomware, or other cyberthreats get in the way, the focus shifts from forward progress to focused co-operation. Departments such as support, manufacturing, design, services, and delivery are enhanced by smart security measures, which allay distracting setbacks and increase the overall inertia.
The exact steps may vary slightly by manufacturer, but the general process remains the same. If you're an Apple user, here's how to clear the cache on an iPhone. How to clear cached data from Android apps What you'll need: Any Android device.
On October 11, Critical Start published its biannual CyberThreat Intelligence Report , leveraging research from its CyberThreat Intelligence (CTI) team. Education remains one of the most susceptible industries to cyberattacks, yet there is more diversity in the types of threats. Louis on Oct.
It also includes methods deployed by Russian Federation state-sponsored actors, and will likely apply to Ransomware-as-a-Service (RaaS) gangs that leverage legitimate tools to evade detection too. It enables cyberthreat actors to avoid investing in developing and deploying custom tools. Block common forms of entry.
A 2021 Cynerio report revealed a staggering 123% increase in ransomware attacks on healthcare facilities, resulting in more than 500 incidents and costs exceeding $21 billion. In response, manufacturers are intensifying their cybersecurity efforts, incorporating advanced CI/CD workflows to safeguard medical devices from escalating attacks.
Within the next few weeks, the government of the sub-continent is preparing to release an indigenous mobile operating system that has the potential to offer a health competition to American technology giants and will be safe to use in the current cyberthreat landscape.
NCSC) FBI Warns of Increasing Threat of Cyber Criminals Utilizing Artificial Intelligence (FBI) 4 - Groups call for IoT end-of-life disclosure law Manufacturers of internet-of-things (IoT) devices should be required by law to disclose the products theyre no longer supporting, so that customers are aware of the security risks those products pose.
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