Threat Actors Asking for Bigger Ransoms
Manufacturers who are impacted by the supply chain attacks claim the ransom demands are two to three times more than those made by other businesses. This is so because it can cost millions to shut down a production line for even a single day. Much smaller to mid-tier single-location manufacturers scramble to get cybersecurity assistance after paying the ransom discreetly. However, they are frequently victims a second or third time.
Ransomware attacks remain the cybercrime of choice for threat actors who are targeting supply chains for financial gain. Till now, the most well-known cases of such attacks have included companies like Aebi Schmidt, ASCO, COSCO, Eurofins Scientific, Norsk Hydro, and Titan Manufacturing and Distributing. The other major firms that were attacked choose to stay anonymous.
This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents