Summary: The manufacturing sector has been the top targeted industry for cyber extortion in 2023, representing 20% of all campaigns. There has also been a significant increase in cyber extortion incidents, with a 46% rise compared to the previous year. Large, English-speaking economies, such as the US, UK, and Canada, have the highest number of cyber extortion victims, but there is a growing trend of victimization in India, Oceania, and Africa. Manufacturing companies also accounted for the majority of confirmed cyber incidents in 2023. In addition to cyber extortion, hacktivist groups are emerging as a growing threat, with politically and socially motivated activities on the rise. Large enterprises are the most impacted by cyber incidents, followed by small organizations. Orange Cyberdefense predicts that AI evolution, the impact of laws and regulations, supplier consolidation, and the preparation for quantum threats will be key cybersecurity trends in 2024.

Hashtags: #ManufacturingSector #CyberExtortion #Cybersecurity #Hacktivism #CyberIncidents #AI #LawsandRegulations #SupplierConsolidation #QuantumThreats #CybersecurityTrends2024

https://www.infosecurity-magazine.com/news/manufacturing-top-targeted-orange/

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