Drinks industry faces cybersecurity challenges from smart manufacturing [Yahoo! Finance]
CRIMSON WINE GROUP LTD (CWGL)
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Source: Yahoo! Finance
In 2017, a series of cyberattacks using the Petya malware infected thousands of servers and tens of thousands of laptops belonging to Mondelez International hit production and cost nearly $200m in damages. In January this year, US wine producer Crimson Wine Group reported a cybersecurity breach involving hackers who had extracted potentially sensitive data. Attacks are on the rise. According to one report, global cyberattacks more than doubled in 2023, with manufacturing found to be the second most at-risk industry, having faced a 165% increase from the previous year. During the third quarter of 2023, food and drink manufacturers in particular were the most targeted sub-sector of the manufacturing industry , according to research by cybersecurity firm Dragos. “The manufacturing industry is a prime target for cyber attackers, who are increasingly using multi-faceted extortion and espionage tactics to gain access to sensitive data and disrupt operations,” Vinod D'Souza, head of m
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CWGL
Sec Filings
- 11/7/24 - Form 10-Q
- 11/1/24 - Form 8-K
- CWGL's page on the SEC website