Month: October 2024

Ransomware Hits Critical Infrastructure Hard, Costs Adding Up

The financial impact of a cyberattack targeting a cyber-physical system (CPS) can reach up to $1 million, as affected organizations struggle with revenue loss, recovery costs, and employee overtime. According to a new Claroty survey of 1,100 security professionals involved in OT, IoT, BMS, and IoMT (connected medical devices), about 45% of organizations suffered losses […]
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