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Increasing Cyberattacks on Manufacturing Sector

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As the manufacturing sector is moving towards automation and using software-centric and IoT technologies, cybercriminals see a larger attack surface to target to gain access inside the networks of manufacturing organizations. Recently, Palfinger, a well-known crane and lifting manufacturer, has been targeted in a major cyberattack.

Quick insights

  • In recent months, several manufacturing organizations have been targeted, including A10 NetworksPrusa ResearchNational Detergent CompanyBEXIMCOQiuiDassault Aviation, and NameSouth.
  • The cyberattacks were found to be mostly focused on manufacturing organizations located in North America, followed by some attacks in Western and Southern Asia. 
  • The IoT industry has been heavily affected by these attacks, along with automobile and aircraft manufacturers.

Additional statistics

In a recent Data Breach Investigations Report by Verizon, it was noted that:

  • around 73% of cyberattacks against the manufacturing sector were motivated by financial reasons, while the remaining involved espionage. 
  • about 75% of attacks involved external forces while internal threats accounted for the remaining 25% of attacks.

More information

  • Ransomware attacks are still prominent and targeting major manufacturing organizations. The ChastityLockRagnar Locker, and NetWalker ransomware groups are found to be active.
  • Some of the major infection vectors used in recent cyberattacks include phishing, data theft, ransomware extortion, and unauthorized access.
  • In addition, the attackers were observed to be abusing several vulnerabilities in the used software applications.

Conclusion

The rapid digitization has made the manufacturing sector a prominent target among cybercriminals. Thus, experts suggest manufacturing organizations have proper patch management and endpoint security solutions. In addition, they are recommended to provide training to employees and have a backup of important data.

Source: https://cyware.com/news/increasing-cyberattacks-on-manufacturing-sector-74986608

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