HELD TO RANSOM

A sobering survey from cyber security company, Sophos, finds that ransomware attacks continue to target manufacturers.

What’s more, according to an article in Manufacturer’s monthly, 68% of ransomware attacks were able to successfully encrypt data. In other words, prevent the manufacturer from accessing their own data.

For our part, Ronson Gears is making a substantial investment in cyber security, appointing a Virtual Chief Security Officer to support the implementation of the Cyber Security Maturity Model Certificate (CMMC) to ensure the protection of our information and that of our customers.

So how are other manufacturers defending themselves?

Manufacturers are being increasingly proactive in defending themselves against such attacks. 73% of manufacturers now use back-ups to recover data compared to just 58% just a year ago.

However, Sophos also advise that manufacturers should adopt the following best practice procedures to combat the risks:-

• Strengthen defensive shields with:

  • Security tools that defend against the most common attack vectors, including endpoint protection with strong anti-exploit capabilities to prevent exploitation of vulnerabilities, and Zero Trust Network Access (ZTNA) to thwart the abuse of compromised credentials
  • Adaptive technologies that respond automatically to attacks, disrupting adversaries and buying defenders time to respond
  • 24/7 threat detection, investigation and response, whether delivered in-house or by a specialist Managed Detection and Response (MDR) provider

• Optimise attack preparation, including making regular backups, practicing recovering data from backups and maintaining an up-to-date incident response plan
• Maintain good security hygiene, including timely patching and regularly reviewing security tool configurations

The full report can be downloaded from Sophos in the link contained in the article here.