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Report: Manufacturing bears the brunt of industrial ransomware

ID: f8d6bd33-8cf1-54ad-b6b1-c60939584305

STIX ID: report--f8d6bd33-8cf1-54ad-b6b1-c60939584305

Feed Name: CyberScoop

Threat Score
75/100

Date Published: 2024-02-20

Date Updated: 2026-04-21

Author: Christian Vasquez

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Dragos reports a roughly 50% year-over-year rise in ransomware targeting industrial organizations in 2023, tracking 905 incidents—638 (70%) in manufacturing. LockBit was the most observed variant (222 hits), with ALPHV and BlackBasta also prominent; the report attributes the surge to rapid digitization, insufficient IoT/OT security and poor IT/OT segmentation, and warns that utilities and other sectors face increasing ransomware risk.

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