March 7, 2024 at 07:52AM
Belgian beer brewer Duvel’s facility was hit by a ransomware attack, halting production. Its IT team is working on resolving the issue, with no clear timeline for recovery. The company assures no supply issues and is well-stocked. Ransomware attacks are common in the manufacturing sector, with potential financial and operational damage. Recovery rates and ransom payments are a concern.
Based on the meeting notes, here are the key takeaways:
– Duvel’s facility has been brought to a standstill due to a ransomware attack, leading to an immediate halt in production.
– The company’s IT department is actively working to address the issue and hopes to resume production as soon as possible.
– Although details about the incident are limited, the company has assured that there won’t be supply issues and the Breendonk facility is well stocked.
– The manufacturing sector, including companies like Duvel, is a common target for ransomware attacks, with potential financial and operational repercussions.
– The average cost of a data breach for a company in the manufacturing sector is $3.8 million, according to IBM.
– While a minority of manufacturing organizations pay ransoms, the proportion of those paying higher ransoms has increased, posing a serious concern for data recovery rates.
These takeaways highlight the current impact of the ransomware attack on Duvel, its efforts to recover, and the broader cybersecurity challenges faced by the manufacturing sector.