20% of Industrial Manufacturers are Using Network Security As a First Line of Defense

November 13, 2024 at 05:36PM A recent ABI Research survey found that industrial manufacturers prioritize network security for cybersecurity investments due to increasing cyber threats and regulatory pressures. With a projected $2 billion market for cybersecurity solutions in 2024, focus areas include authentication, access control, and threat detection to mitigate risks from cyber events. ### … Read more

‘Cactus’ Ransomware Strikes Schneider Electric

January 30, 2024 at 05:44PM Schneider Electric’s Sustainability Business division fell victim to the “Cactus” ransomware. The cyberattack affected the Resource Advisor platform, prompting the company to inform affected customers. Although the breach was confined to this division, potential data leak repercussions exist. Operating to restore normalcy by Jan. 31, the company primarily serves Fortune … Read more