How Manufacturers Can Fight Back Against Ransomware

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Ransomware attacks are rising. Verizon’s 2022 Data Breach Investigation Report found that nearly a quarter of all cyber attacks in the manufacturing industry are ransomware attacks. Why the surge? While the world is still recovering from the pandemic, global markets are dealing with massive economic uncertainty and recession fears. And cybercriminals sense an opportunity. 

Seeking to exploit supply chain disruption, threat actors know that many manufacturers’ IT and security teams are hampered by skill shortages, aging technology, and the widespread use of poorly secured sensors and non-computing devices on the factory floor. Fighting back will require renewed focus on vulnerability management, end-user education, and — crucially —detection and response programs. 

Detection and response programs help IT teams identify threats that make it through a manufacturer’s core controls (like firewalls) and help them rapidly assess, investigate, and mitigate threats to reduce potential damage. But these are labor-intensive programs, and many manufacturers struggle to staff and operate them. 

One way manufacturing organizations are closing gaps is by seeking outside help from managed detection and response providers (MDR). MDR is a holistic solution that combines advanced technology and comprehensive tools with a dedicated team of expert security professionals who provide 24/7 monitoring, analysis, and response. 

In ESG’s new report, The Ransomware Threat to Manufacturers and How to Fight Back, you’ll learn why the manufacturing industry is more susceptible to ransomware attacks, why MDR services are becoming core to modern security strategies, and how they can help you level the battlefield.  

But that’s not all. You’ll learn:  

  • Five essential steps manufacturers can take to ensure an effective cybersecurity strategy 
  • How to overcome the industry’s unique challenges when it comes to managing and minimizing vulnerabilities 
  • The four principal motivators spurring manufacturers to partner with MDR providers, and what to consider when choosing a partner 

Download The Ransomware Threat to Manufacturers and How to Fight Back report.

Arctic Wolf

Arctic Wolf

Arctic Wolf provides your team with 24x7 coverage, security operations expertise, and strategically tailored security recommendations to continuously improve your overall posture.
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