Industrial Facilities are at Risk of Data Theft and Ransomware Attacks

Recently, multinational cybersecurity software company ‘Trend Micro’ has published a new report on cybersecurity in which it has highlighted the growing threats of downtime and sensitive credential theft from ransomware attacks targeting industrial facilities. 

“Industrial Control Systems are incredibly challenging to secure, leaving plenty of gaps in protection that threat actors are exploiting with growing determination,” said Ryan Flores, senior manager of forward-looking threat research for Trend Micro…” 

“…Given the US government is now treating ransomware attacks with the same gravity as terrorism, we hope our latest research will help industrial plant owners to prioritize and refocus their security efforts.”

In factories and other facilities, there are crucial elements of utility plants that help in monitoring and controlling industrial processes across IT-OT networks called Industrial Control Systems (ICS). However, in any case, when ransomware gets into these systems; it can stop all operations for several days and can heighten the risk of vulnerabilities. 

As per the published report, several different revised versions have been accounted for more than half of the ICS ransomware attacks in 2020 including Ryuk (20%), Nefilim (14.6%), Sodinokibi (13.5%), and LockBit (10.4%). 

Cybersecurity And Infrasture Ag

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