Threat Monitor Annual Report 2023

Sectors

Figure 8: Most Targeted Sectors 2022 vs 2023

Sectoral targeting in 2023 was largely similar to that of the previous year although, as previously mentioned, 2023 was the most active year to a significant degree. The most targeted sector for 2023 was as is to be expected Industrials with 1484 attacks (32% of year’s total) The most targeted sector for 2023 was as is to be expected, Industrials with 1484 attacks (32% of year’s total), followed by Consumer Cyclicals with 695 (15%) and finally Technology with 503 (11%). Figure 8 is perhaps one of the most effective visualisations to portray the explosiveness of 2023 when contrasted with 2022; although they largely shared the same most targeted sectors, in terms of absolute figures 2023 was much busier.

The activity in Industrials has almost doubled from the 804 attacks witnessed in 2022; a huge 85% increase. Consumer Cyclicals saw a less radical increase, but an increase nonetheless, from 487 hack & leak ransomware cases in 2022 (a 43% rise). Finally, Technology was another sector with a drastic rise in attack numbers, again almost doubling from 263 hack & leak cases (a huge 91% increase).

Proportionally speaking, Industrials stayed the same, accounting for 32% of victims in both 2022 and 2023.

Conversely, Consumer Cyclicals exhibited a 5% proportional decrease from 2022 and Technology experienced a 6% proportional decrease.

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