Ransomware: The Rapidly Evolving Trend

60% of the Utilities Sector is at heightened risk of ransomware attacks according to Bitsight’s daily analysis of over 250 billion data-points.

The proliferation of ransomware has disrupted business operations globally at an alarming rate - specifically targeting the utilities sector that every homeowner, business, and building needs to maintain functionality day-to-day. Utility companies are strictly regulated to maintain effective cybersecurity controls, and suffer fines if they violate internal or third-party breaches, making the rise in ransomware attacks even more dangerous to the future of the business.

Your organization doesn’t need to remain in the dark when it comes to how and when ransomware will impact your systems; Bitsight has identified common cybersecurity performance gaps and network challenges that lead to successful ransomware incidents in the utilities sector. In this report, we break down how the utilities sector is particularly vulnerable to ransomware attacks based on:

  • Overall security performance
  • Patching cadence
  • Presence of specific vulnerabilities
  • Certificate and configuration management

Maintaining visibility into trends and ransomware data across the utilities sector allows for proactive identification and remediation of risks across your third party network. Download the “Ransomware in the Utilities Sector” report to see how the ransomware trend is specifically impacting utility companies, and learn how your organization can implement the right technology to combat the unique risks.

Ransomware: The Rapidly Evolving Trend