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SNIPS NEWSSheet Metal Machinery

Manufacturers Experience More Cloud Attacks Than Any Other Industry

Phishing, compromised accounts and data theft were the most common security incidents in 2023

By SNIPS NEWS Editorial Staff
Manufacturing
Photo by Ümit Yıldırım on Unsplash
January 29, 2024

Netwrix recently revealed additional findings for the manufacturing sector from its survey of 1,610 IT and security professionals across more than 100 countries. 

According to the survey, 64% of companies in the manufacturing sector suffered a cyberattack during the preceding 12 months, which is similar to the finding among organizations overall (68%). However, it turned out that the manufacturing sector experiences more cloud infrastructure attacks than any other industry surveyed. Among manufacturing companies that detected an attack, 85% spotted phishing in the cloud compared to only 58% across all verticals; 43% faced user account compromise in the cloud as opposed to 27% among all industries; and 25% dealt with data theft by hackers in the cloud compared to 15% for organizations overall.

“The manufacturing sector relies heavily on the cloud to work with their supply chain in real time. This makes their cloud infrastructure a lucrative target for attackers — infiltrating it enables them to move laterally and potentially compromise other linked organizations, as happened to one the world’s top meat processing companies. Credential compromise or malware deployed via a phishing email is just the beginning of the attack,” says Dirk Schrader, VP of Security Research at Netwrix.

“The attack surface in the cloud is always expanding, so it’s critical for manufacturing companies to adopt a defense-in-depth approach,” adds Ilia Sotnikov, Security Strategist at Netwrix. “First, they must rigorously enforce the principle of least privilege to limit access to sensitive data, which ideally includes just-in-time access to eliminate unnecessary entry points for adversaries. They also need to gain deep visibility into when and how critical data in the cloud is being used so that IT teams can promptly spot potential threats. Finally, they need to be prepared to minimize the damage from incidents by having a comprehensive response strategy that is regularly exercised and updated.”

To learn more about security trends, check out the complete 2023 Hybrid Security Trends Report.

This article was originally posted on www.missioncriticalmagazine.com.
KEYWORDS: cloud computing cybersecurity manufacturers

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