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Home News

Food Sector Ransomware Surge

April 17, 2024
Reading Time: 2 mins read
in News
Food Sector Ransomware Surge

The U.S. food and agriculture sector experienced a significant surge in ransomware attacks, with over 160 incidents reported last year. This places the industry as the seventh most targeted sector, highlighting its vulnerability to cyber threats. Despite a slight decrease in attacks during the first quarter of 2024, major companies like Dole and Sysco were among those affected, emphasizing the persistent nature of the threat.

Jonathan Braley, director of the Food and Ag-ISAC, noted that ransomware gangs often target organizations with discoverable security lapses, contributing to the sector’s vulnerability. Law enforcement efforts, such as the takedowns of LockBit and BlackCat, have resulted in notable decreases in attacks, but new ransomware strains continue to emerge, posing ongoing challenges.

The interconnected nature of the food and agriculture industry amplifies the impact of ransomware attacks, with disruptions to one company often affecting others along the production chain. Intellectual property theft is also a significant concern, with companies investing substantial resources in genetic crop work vulnerable to exploitation. Legislative initiatives have been introduced to bolster cybersecurity defenses and provide assistance to agricultural producers, underscoring the urgency of addressing cyber threats within the sector.

Reference:
  • Over 160 Ransomware Attacks Hit Food and Agriculture Sector in 2023
Tags: April 2024Cyber NewsCyber News 2024Cyber threatsCybersecurityFood and Ag-ISACRansomwareU.S. food and agriculture sector
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