News > Indian manufacturing industry witnessed most ransomware extortion in 2023

Indian manufacturing industry witnessed most ransomware extortion in 2023

The report by Palo Alto Networks’ Unit 42 is based on incident data from more than 250 organisations and more than 600 incidents. It examined 3,998 posts from leak sites -- platforms where threat actors publicly disclose stolen data as a means of coercing victims into paying ransom. Globally, a 49% YoY increase was seen in multi-extortion ransomware attacks from 2022 - 2023, manufacturing sector was the worst hit in India.