"Ransomware Hits Critical Infrastructure Hard, Costs Adding Up"

Claroty surveyed 1,100 cybersecurity professionals responsible for securing Cyber-Physical Systems (CPS), including Operational Technology (OT), Internet of Things (IoT), Building Management Systems (BMS), and more. The survey found that 45 percent of organizations suffered losses of $500,000 or more in the past year, and 27 percent faced losses of $1 million or more. According to Claroty's latest "Global State of CPS Security" report, over half of respondents in chemical manufacturing, power and energy, and mining and materials reported cyber incident losses greater than $500,000. This article continues to discuss key findings regarding Claroty's latest Global State of CPS Security report.

SecurityWeek reports "Ransomware Hits Critical Infrastructure Hard, Costs Adding Up"

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Submitted by Gregory Rigby on