The 2023 Trustwave Manufacturing Threat Landscape report shows manufacturers face rising risks as ransomware, supply chain exposure, and IT/OT convergence expand attack surfaces. Breach costs average $4.7M, with downtime causing thousands in losses per minute. LockBit led with 36% of ransomware incidents, while other groups like Clop, BlackCat/ALPHV, and Royal also targeted the sector. Credential access accounted for 45% of incidents, often enabled by phishing, initial access brokers, and vulnerability exploitation. Legacy systems, supply chain dependencies, and safety risks further heighten exposure. Trustwave stresses Zero Trust, layered defenses, and proactive monitoring to reduce risks.

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