Ransomware attacks on the operational technology (OT) and industrial control systems (ICS) that run industrial facilities almost doubled in 2024. According to Washington DC-based industrial cybersecurity company Dragos, ransomware attacks on industrial organizations in 2024 increased by a staggering 87 percent over the previous year.
The main industries targeted were: electricity and water; industrial manufacturing; telecommunications; oil and gas; food and beverage; chemical manufacturing; mining, transportation, and logistics. Manufacturing, which accounted for 69 percent of all ransomware attacks targeting 1,171 manufacturing entities, was by far the worst hit.