Waterfall Security

Upcoming Waterfall Security Events

In 2025, 57 cyber attacks caused real-world damage in heavy industry, world-wide. This is a 25% drop from 2024, but that’s the tip of the iceberg
Most of this reduction is because of temporary factors affecting ransomware attacks. Nation-state and hacktivist attacks doubled, with most attacks targeting critical infrastructures.
This is the only industry report focused exclusively on verified cyber incidents with physical consequences. The data set is public, all the incidents we use are included in the report’s appendix with links to public news reports.
Highlighted attacks include:
- Jaguar / LandRover – the most costly production shutdown in a decade,
- Colins Aerospace – a crippled software system caused flight cancellations and delays for weeks – highlighting the need for rapid recovery or manual fall-backs for critical systems operated and managed by third parties,
- Grounded and mis-directed ships – again highlighted the need for multiple independent checks on important external inputs, such as GPS signals, and
- Polish distributed generation – a near miss because the lights stayed on, an example of the Russian nation state targeting European critical infrastructures, and a cautionary tale about “bricking” control equipment.
On Wed. March 25th, join Greg Hale of ICS Strive and Andrew Ginter of Waterfall Security, to explore what lies beneath all of 2025's OT breaches with physical consequences.
Key Takeaways:
Record-breaking costs of consequences
What is behind the drop in ransomware attacks
Key defensive developments of 2025, in light of these threats
Events We Are Sponsoring

SecretCon is a Minnesota technology, Cybersecurity Summit, and Hacker Conference. Everyone is welcome! We cover exciting topics on Technology, Cybersecurity, Artifical Intelligence, & Privacy. This is the Security Conference you’ve been looking for! Socialize with other Minneapolis – Saint Paul hobbyists and professionals.

Join us September 7 – 10 at the Raleigh Convention Center in Raleigh, North Carolina to connect with other public power professionals on the most pressing cybersecurity topics for the utility industry. Engage with peers and experts to discuss the unique challenges, best practices, and emerging trends in cybersecurity and IT infrastructure relevant to public power utilities and their communities.