Manufacturing’s Email Woes: BEC and VEC Attacks Surge Amid Lax Security
Manufacturing is a prime target for business email compromise as attacks surged by 56%. Why? Because when your assembly line is on the line, you’ll say yes to anything—like sending payments to a Nigerian prince. Meanwhile, vendor email compromise attacks rose by 24%, proving scammers really do love a good factory tour.
Hot Take:
Apparently, the manufacturing sector is a hacker’s playground, with BEC and VEC attacks skyrocketing like a malfunctioning assembly line. If these firms can’t pick up the pace on cybersecurity, their “production” might soon include a mix of compromised emails and fraudulent invoices!
Key Points:
- BEC attacks on manufacturing firms rose by 56% from September 2023 to September 2024.
- Threat actors pretend to be trusted insiders using compromised or spoofed emails.
- Manufacturing firms have a low tolerance for downtime, making them easy targets.
- VEC attacks also increased by 24%, targeting financial transactions and invoicing.
- Complex supply chains and less secure smaller vendors exacerbate vulnerability.
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