Report by Waterfall

2026 OT Cyber Threat Report

3 FINDINGSPublished Mar 23, 2026
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Key Findings

In 2025, the USA and Germany were #1 and #2 targets for breaches with physical consequences. Russia was #3.

Waterfall2026 OT Cyber Threat Report·4mo ago
Attacks with Physical ConsequencesUSGermany

In 2025, there were 57 breaches with physical consequences, a 25% reduction from 2024.

Waterfall2026 OT Cyber Threat Report·4mo ago
Attacks with Physical Consequences

Nation-state and hacktivist attacks that caused physical consequences doubled in 2025.

Waterfall2026 OT Cyber Threat Report·4mo ago
Nation-State ThreatsHacktivistsAttacks with Physical Consequences