Threat Actors Hasten Ransomware Cyberattacks on Industrial Control Systems ICS

Threat Actors Hasten Ransomware Cyberattacks on Industrial Control Systems ICS

Ransomware attacks are moving forward quickly to target Industrial Control Systems (ICS) endpoints all over the world with a notable increase in activity in the past year.


The Trend Micro research paper, “2020 Report on Threats Affecting ICS Endpoints” calls attention to this dominant trend. The longer these systems are not operational, the more disruption it generates.


The report shows that recent ransomware attacks are just financially stimulated as attacking ICS networks in operational plants and manufacturing environments brings hackers a more rapid payment.


RyukRevil, and LockBit are some of the most popular types of ransomware used by threat actors in order to target ICS networks.


In terms of organizations that have ICSs that have been affected by ransomware, the US has the most ransomware detections impacting ICS, followed by India, Taiwan, and Spain, according to the report.


ICS Latest Ransomware Attacks


Multiple ransomware cyberattacks have been recently noticed targeting major businesses. Such disruption of Operation Systems and Industrial Control Systems (ICS) in major industries has caused grave consequences and loss of huge amounts of money.


On May 24th,WSSC Water has been hit with a ransomware attack where threat actors managed to access internal files but the water quality was not affected in any way.


In June, threat actors hasten ransomware cyberattacks industrial control systems