Business Maverick: Ransomware attacks on industrial firms increased by 87% in 2022

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Ransomware attacks against industrial organisations increased by 87% in 2022 from the year before, with most malicious software targeting the manufacturing sector, according to findings published on Tuesday.

Hackers last year targeted mining industries in Australia and New Zealand, and continued their focus on renewable energy companies in the US and the European Union, the cybersecurity firm Dragos said in a report. Attackers also increased or accelerated their attacks on energy, food, water, electrical and natural gas sectors, the company determined.

Dragos also found that one hacking tool could disrupt tens of thousands of systems that help manage global electricity infrastructure, gas pipelines and water companies. The so-called Pipedream malware, tied to the threat group To stave off attacks in general, the company recommended organizations create effective response plans, have tools for monitoring their infrastructure and secure access to their systems by implementing two-factor authentication.

 

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