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By: Dataprise
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Ransomware targeting the food and agriculture sector is unfortunately on the rise, enough so that the FBI recently released a Private Industry Notification to alert at-risk parties to the potential dangers. In this blog, we’ll look at the response of the bureau and discuss agriculture cybersecurity advice on what people in the sector can do to protect themselves.
The FBI began its notification by listing the dire ramifications of ransomware attacks:
Cyber attacks in the food industry can be targeted at anyone in the agriculture sector, including restaurants, large producers, and tiny farms alike. No one is immune from network vulnerabilities that can be used to steal data or render networks unusable. Whether the attacked party chooses to pay or not, these businesses suffer major losses trying to deal with the aftermath.
The FBI states that the infrastructure in this industry is becoming more of a safe bet for cybercriminals, in part because the sector has adopted more smart technologies that open doors into the network.
Criminals think that larger businesses have the resources to pay the demands without a second thought, and smaller businesses often lack the necessary updates that are needed to fend off cybercriminals. For instance, a farm services company in Iowa, NEW Cooperative Inc, recently took its systems offline to contain a security threat. A notorious criminal group known for ransomware attacks took credit for it.
The FBI detailed several specific examples of ransomware targeting food and agriculture:
Whether a business pays the ransom is ultimately up to them, but it’s important to know that paying doesn’t mean putting the matter behind them. In the report, the FBI referenced studies that show up to 80% of ransomware victims that paid the ransom experienced a repeat attack — either from the same criminals or a different group.
Business owners may also be asked to pay twice — once for the privilege of decryption and again to ensure the hackers don’t make the stolen information public. Regardless of the decision an owner might make, cybercriminals can go on to harass employees, contact vendors to notify them of data theft, or disrupt operations through coordinated attacks. These serious consequences might explain why the average cyber insurance payout increased 65% from 2019 to 2020.
The FBI listed a number of precautions that business owners could take in this sector:
Hiring a managed security service provider (MSP) and outsourcing cybersecurity can often be the smartest way for many people in the food & agriculture industry to keep up with the ongoing responsibility of protecting data. It’s clear that if criminals aren’t going to give up their ways, professionals need to have an agriculture cybersecurity backup plan that works.
Ransomware Action Plan: Should Companies Pay Ransomware?
5 Dos and Don’ts if You’ve Been Hit with Ransomware
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