In the world of modern manufacturing, the convergence of technology and production has opened new frontiers of efficiency and innovation. But this progress has come with a hidden cost. The very systems that enable seamless operations and interconnectivity also expose manufacturers to cybersecurity risks. 

Among these varied and ever-evolving challenges, ransomware has emerged as uniquely menacing. It's not just a threat to individual computers or isolated systems; it's a weapon that can paralyze entire organizations. 

In 2015, the global cost of ransomware was a mere $325 million. Fast forward to 2021, and that number skyrocketed to a staggering $20 billion, accounting for approximately 20% of all cybercrime. And this threat is only growing, with Cybercrime Magazine predicting it will cost victims roughly $265 billion annually by 2031.

Given this steep increase in ransomware attacks, manufacturers must act now to avoid becoming the next victim.

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