July is recognized as Ransomware Awareness Month, a crucial time to highlight the growing threat of ransomware attacks and the importance of cybersecurity. Ransomware, a type of malicious software that encrypts a victim's data and demands a ransom for its release, has become a significant threat to businesses across various industries.
Ransomware in Manufacturing and Healthcare
The manufacturing and healthcare sectors have been particularly hard-hit by ransomware attacks. Here are some alarming statistics:
Manufacturing Industry: According to a 2023 report by Cybersecurity Ventures, the manufacturing industry saw a 300% increase in ransomware attacks over the past year. The industry's reliance on operational technology (OT) systems, which often lack robust cybersecurity measures, makes it a prime target for cybercriminals.