Destructive Malware is Increasingly Targeting Manufacturing

guest · Aug 5, 2019

Destructive Malware is Increasingly Targeting Manufacturing
August 5, 2019
https://www.cbronline.com/news/destructive-malware-x-force

A single destructive malware cyber attack can destroy over 12,000 devices in one attack, cost an organisation more than £164 million – and worryingly, with such attacks on the rise, over half now target the manufacturing industry.
This is according to a new report from IBM’s X-Force IRIS incident response team, which found that so-called destructive malware attacks designed to disable access and destroy system functions are up 200 percent in 12 months.
Destructive Malware: Attacks Costing Large Business £196 Million
In a report published today, the team said: “Destructive malware that disables access to data or destroys system functions has been expanding across geographies and industries over the past few years. Organizations previously thought safe from this form of cyber aggression increasingly find themselves affected.

They state that: “Since we see threat actors leveraging third-party access to break into targeted networks, it is imperative to further implement isolation of critical systems from potential third-party infections.”
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IBM: From State-Sponsored Attackers to Common Cybercriminals: Destructive Attacks on the Rise

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