Manufacturing Top Targeted Industry in Record-Breaking Cyber Extortion Surge

Nov. 30, 2023
Manufacturing Top Targeted Industry in Record-Breaking Cyber Extortion Surge

The year 2023 has been a record-breaking year for cyber extortion, according to Orange Cyberdefense (OCD).

The cybersecurity branch of the French internet service provider (ISP) launched its Security Navigator 2024 on November 30, 2023.

In this fifth edition of the firm’s annual threat landscape report, OCD saw that cyber extortion, the term used by the firm to refer to the compromise of some assets from a corporate network for ransom and includes ransomware, was the top threat faced by organization worldwide in 2023.

Although this was also the case last year, OCD also observed an unprecedented 46% increase in cyber extortion.

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