Healthcare Organizations Report Ransomware Payments Over $500,000

A recent report by Claroty found that 27% of organizations experienced cyberattack losses exceeding $1 million, emphasizing the urgent need for improved cybersecurity measures in CPS.

Ransomware has severely impacted operational recovery, with 53% of respondents paying ransoms over $500,000 to restore access to critical systems, particularly alarming in the healthcare sector where 78% reported such payments.

One-third of surveyed organizations experienced over a day of downtime due to cyberattacks, highlighting the critical need for robust cybersecurity in CPS environments where availability is paramount.

The majority of respondents noted that significant attacks originated from third-party access, yet 63% lack a comprehensive understanding of these connections, indicating a serious vulnerability in CPS security.

Read at Securitymagazine