Manufacturing is the top industry affected by ransomware in 2023
October 19, 2023 – Published on Security Magazine
Ransomware in Q3 2023 was analyzed in a recent GuidePoint report. The report found a nearly 15% increase in ransomware activity since Q2 due to an increased number of ransomware groups, including 10 new emerging groups tracked during this quarter. Through the first three quarters of 2023, the report found an 83% YoY increase in ransomware victims.
According to the report, the manufacturing and technology industries were the first and second most impacted by ransomware, followed by retail & wholesale as the third most impacted. Retail & wholesale experienced a steady increase in observed victims throughout the year, jumping from 9th place with 38 victims in Q1 to its current spot in the top three with 98 victims.