August 21, 2024 at 05:18AM US semiconductor supplier Microchip Technology disclosed a cyberattack impacting its manufacturing facilities. The company detected suspicious activity on its IT systems on August 17, affecting some operations. It isolated affected systems, called in cybersecurity advisors, and is working to restore normal business operations. It’s unclear whether the attack will have … Read more
July 17, 2024 at 04:55PM The report from MxD and the National Center for Cybersecurity in Manufacturing highlights the urgent need for the U.S. manufacturing sector to enhance its cybersecurity posture. It reveals that manufacturers are overestimating their capabilities and identifies key areas where additional resources can strengthen cybersecurity infrastructure. The report also emphasizes the … Read more
June 17, 2024 at 10:14AM Keytronic, a printed circuit board assembly (PCBA) manufacturing firm, disclosed a data breach after a ransomware attack in which limited data, including personally identifiable information, was accessed and exfiltrated. The company suspended operations in the US and Mexico for two weeks as a precautionary measure. The cyberattack is expected to … Read more
April 17, 2024 at 08:45AM Quantum computing drives applications for big-data processing, healthcare, finance, communications, and more. It poses a serious threat to classical cybersecurity. Enterprise executives should consider preparing for a future migration to quantum computing. Boards must address vulnerabilities, plan for system upgrades, and ensure quantum-resistant infrastructure. Quantum security requires strategic planning and … Read more
April 2, 2024 at 08:07AM In 2023, ransomware groups targeted manufacturing and other parts of the OT sector, resulting in significant damages. The year 2024 is expected to bring even more severe attacks. Based on the meeting notes, it is clear that ransomware groups have targeted the manufacturing and other parts of the OT sector … Read more
March 28, 2024 at 02:02AM The government, manufacturing, and energy sectors are prime targets for advanced, persistent threat actors, who commonly use phishing attacks and remote exploits as their main methods. Based on the meeting notes, it’s clear that advanced, persistent threat actors are targeting the government, manufacturing, and the energy industry. The most common … Read more
March 7, 2024 at 07:52AM Belgian beer brewer Duvel’s facility was hit by a ransomware attack, halting production. Its IT team is working on resolving the issue, with no clear timeline for recovery. The company assures no supply issues and is well-stocked. Ransomware attacks are common in the manufacturing sector, with potential financial and operational … Read more
February 27, 2024 at 04:37AM Cybercriminals increasingly targeted the manufacturing industry with ransomware attacks last year, with 70% of industrial ransomware infections affecting manufacturing companies. Dragos CEO Robert Lee explains that manufacturing’s early adoption of IoT and connected machines, without adequate security, makes it a prime target. Furthermore, a ransomware infection at German control systems … Read more
October 11, 2023 at 09:59AM Hackers are exploiting LinkedIn Smart Links in phishing attacks to steal Microsoft account credentials. The Smart Links, used for marketing and tracking, appear to come from a trustworthy source and bypass email protections. The recent attacks targeted a range of sectors, including finance, manufacturing, energy, construction, and healthcare. The phishing … Read more
October 10, 2023 at 08:24AM UK cable manufacturer Volex has been hit by a cyberattack, with unauthorized access to its IT systems and data. The company said there has been minimal disruption to production levels and no material financial impact is expected. Volex has engaged third-party consultants to investigate the incident. It is believed the … Read more