Manufacturing sector most vulnerable to ransomeware attacks
More than 250 organisations and over 600 incidents took place in India; Globally, a 49% YoY increase seen in multi-extortion ransomware attacks during 2022-23
New Delhi: India’s manufacturing industry witnessed the most ransomware extortion in 2023, according to a global report. The report by Palo Alto Networks’ Unit 42 is based on incident data from more than 250 organisations and more than 600 incidents. It examined 3,998 posts from leak sites -- platforms where threat actors publicly disclose stolen data as a means of coercing victims into paying ransom -- from various ransomware groups.
Globally, a 49 per cent year-on-year (YoY) increase was seen in multi-extortion ransomware attacks from 2022 - 2023, while in India manufacturing sector was the worst hit.
In a statement Anil Valluri, MD and VP, India and SAARC, Palo Alto Networks, said: “In India, the manufacturing sector has emerged as the primary target for ransomware attacks over the past year.
