Ransomware Has Outsized Impact on Gas, Energy & Utility Firms

This report summarizes 2023 ransomware trends affecting critical infrastructure sectors — notably oil, energy, utilities and healthcare — describing high rates of successful attacks (with many incidents encrypting data), common infection vectors (software vulnerabilities, compromised credentials, phishing), rising ransom payments and recovery costs, and calls for basic security hygiene (MFA, patching), improved standards and government alignment to reduce systemic risk.