The manufacturing industry is experiencing a rising frequency and intensity of cyberattacks, particularly ransomware. In 2023 to 2024, confirmed data breaches increased by 89.2%, with ransomware representing 47% of all breaches in the sector. The industry's low tolerance for downtime makes it particularly vulnerable, as disruption can lead to massive costs. Additionally, human risk is highlighted as a significant vulnerability, with social engineering contributing to 22% of breaches. Effective security awareness training has proven to reduce phishing susceptibility by 89%, demonstrating the need for ongoing staff education in cybersecurity.
The manufacturing sector's expanding digital footprint is putting operations, intellectual property, and economic resilience at risk, making it the most targeted industry for cyberattacks for the fourth year.
Ransomware remains a dominant threat in the manufacturing industry, accounting for 47% of all breaches and targeting manufacturers significantly, especially in Europe.
The frequency of attacks against manufacturing increased by 89.2% from 2023 to 2024, revealing a concerning trend of growing vulnerability.
Human risk is a critical vulnerability, with social engineering responsible for 22% of breaches in manufacturing organizations, highlighting the importance of security awareness training.
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