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Palo Alto Networks' Unit 42 recently published the 2023 Ransomware Threat Report, which highlights that threat actors have intensified their extortion tactics. In particular, data theft is increasingly being used as a means of extortion. By late 2022, data theft was involved in 70% of ransomware attacks, a significant increase compared to 40% in 2021.

Another disturbing trend is the use of harassment tactics, which has risen from less than 1% in 2021 to 20% in 2022. Threat actors use tactics such as calling and leaving voicemails for corporate executives, sending emails to personnel, and disclosing victim identities on leak sites or social media platforms. The primary goal of these tactics is to create an uncomfortable situation for organizations and force them to respond to the threat actors' demands.

One industry that is particularly vulnerable to these attacks is the manufacturing industry, especially in the United States. The report reveals that 447 manufacturing organizations were compromised and publicly exposed on dark web leak sites in 2022. Out-of-date software and low tolerance for downtime make this industry particularly vulnerable to attack. This has led to an increase in extortion tactics such as data theft and harassment. Leaked data shows that organizations in the US accounted for 42% of observed leaks, indicating the severity of the situation.

Overall, the report highlights the need for organizations to take proactive measures to prevent ransomware attacks and mitigate their impact. This includes keeping software up to date, implementing security measures such as firewalls and antivirus software, and training employees on how to identify and respond to potential threats. 

Manufacturing organizations must take proactive measures to prevent ransomware attacks and protect themselves against extortion tactics. Contact CHIPS today to learn more about how our comprehensive cybersecurity solutions can help safeguard your business. With our expertise and state-of-the-art technology, you can stay one step ahead of the ever-evolving threat landscape and mitigate the risk of data theft and harassment. Don't wait until it's too late - reach out to CHIPS now and secure your organization's future.

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