HomeSecurityIBM: Industry is more vulnerable to cyberattacks

IBM: Industry is more vulnerable to cyberattacks

A recent IBM highlights the alarming trend of cyberattacks targeting the manufacturing sector in the Asia-Pacific region, with the manufacturing industry taking center stage in 2023, accounting for 46% of attacks.

IBM cybersecurity

The finance, insurance and transportation sectors followed with 12% each. Education ranked third with 8%.

Read more: Google: Officially creates cybersecurity center in Japan

The IBM report highlighted APAC's growth as the third-highest concentration region globally, accounting for 23% of incidents in 2023.

“While ‘AI attacks’ are attracting more attention due to the rise of genetic artificial intelligence in today’s environment, the biggest security in the Asia-Pacific region remains known vulnerabilities that have not been patched,” Catherine Lian, general manager and chief technology, IBM Asean, said in a press release. “Additional focus should also be placed on the region’s critical infrastructure and key industries, such as manufacturing, finance and insurance, and transportation, with stress testing and well-prepared incident response plans.”

IBM X-Force, IBM Consulting's security services division, reports that phishing remains the leading intrusion method in the region, accounting for 36% of incidents in 2023, with exploits focused on public applications following at 35%.

Malware now appears as the most common threat actor, accounting for 45% of attacks. Ransomware attacks account for 17%, while infotealers follow at 10%.

The impact of these attacks on the region was significant, with data theft each accounting for 27% of incidents. Extortion, data corruption and data breaches followed closely, each accounting for 20% of incidents.

“Exploiting user identity is a preferred tool for global threat actors, increasing the need for more effective strategies to control access to information. This makes it necessary to adopt a holistic approach to security in the era of genetic AI,” said Catherine Lian.

IBM cybersecurity

See more: IBM Consulting & Palo Alto Networks join forces to strengthen cybersecurity

Looking ahead, IBM X-Force predicts that once genetic AI takes hold, as has happened with previous technological changes, it will become a prime target for cybercriminals. Therefore, IBM recommends that enterprises strengthen their security measures to effectively protect their AI models and infrastructure.

Source: backendnews

Selecting the team

🔒 Protect your privacy with Proton VPN

Swiss VPN from the creators of Proton Mail — strict no-logs policy, strong encryption, and built-in NetShield that blocks ads, trackers, & malware.

  • ✔ No-logs, based in Switzerland (except 14-Eyes)
  • ✔ NetShield: blocks ads, trackers & malicious domains
  • ✔ Covers all devices — free version available
Try Proton VPN for free — 30-day money-back guarantee →

The link is an affiliate link — SecNews may receive a commission at no additional cost to you. It does not affect the independence of our article writing.

📧
Subscribe to the SecNews Newsletter

The most important Security & Technology news in your Inbox.

SecNews
SecNewshttps://www.secnews.gr
In a world without fences and walls, who needs Gates and Windows

SEARCH

FOLLOW US

📧
Newsletter SecNews
The most important Security & Technology news in your inbox.

LIVE NEWS