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Ransomware Hits Last Week Chart
Worldwide Ransomware Victims Chart

Upon further investigation, it has been identified that ransomware has left its mark on 18 different industries worldwide. Notably, Manufacturing bore the brunt of the attacks in the past week, accounting for 22% of victims. There are a few key reasons why the manufacturing sector is a prime target for ransomware groups:

  • High Disruption Potential: Manufacturing relies heavily on interconnected systems and just-in-time production. A ransomware attack can grind operations to a halt, causing significant financial losses due to production delays and lost revenue. This pressure to get back online quickly can make manufacturers more willing to pay the ransom.
  • Vulnerable Legacy Systems:  Many manufacturers use legacy control systems (OT) that haven't been updated for security. These older systems often lack robust security features, making them easier targets for attackers to exploit.
  • Limited Cybersecurity Investment:  Traditionally, cybersecurity might not have been a top priority for some manufacturers compared to production efficiency. This lack of investment in security awareness training and robust security protocols leaves them exposed.
  • Valuable Data:  Manufacturing facilities often hold valuable intellectual property (IP) and trade secrets. Ransomware groups may not only disrupt operations but also threaten to leak this sensitive data if the ransom isn't paid.
  • Success Breeds Success:  The high payout potential from past attacks on manufacturers incentivises ransomware groups to continue targeting them.

The table below delineates the most recent ransomware victims, organised by industry, shedding light on the sectors grappling with the significant impact of these cyber threats.

Name of the affected Industry
Victims Count (%)
Business Services
                       5.95%
Construction
                    10.71% 
Consumer Services
                       3.57% 
Education
                       4.76% 
Energy, Utilities & Waste Treatment
                       1.19% 
Finance
                       2.38% 
Government
                       2.38% 
Healthcare
                       9.52% 
Hospitality
                       1.19% 
Insurance
                       1.19% 
IT
                       5.95% 
Legal Services
                       2.38% 
Manufacturing
                    22.62% 
Media & Internet
                       3.57% 
Organisations
                       3.57% 
Real Estate
                       2.38% 
Retail
                    10.71% 
Transportation
                       5.95% 

Industry Wide Ransomware Victims Chart
Details
Date Published
May 27, 2024