Document Type

Report

Publication Date

Spring 4-2023

Abstract

Manufacturing companies are more vulnerable to internet attacks now that they are more reliant on technology and digital infrastructure. Cyberattacks on the manufacturing industry can have serious consequences, such as production delays, the theft of intellectual property, and damage to one's reputation. At least 437 ransomware assaults occurred in the manufacturing sector in 2022, making up more than 70% of these expensive and disruptive attacks.

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