Approximately 61%, of manufacturers have experienced cybersecurity incidents in their smart factories and are struggling to deploy the technology needed to effectively manage cyber risk, according to Trend Micro. “Manufacturing organisations around the world are doubling down on digital transformation to drive smart factory improvements. The gap in IT and OT cybersecurity awareness creates the … Read more
Cybercriminals are increasingly setting their sights on industrial control systems (ICS) with China topping the list of countries with the most malware detected on ICS endpoints, India with the most coinminer infections , and the US with the most ransomware infections. These are the findings of the 2020 Report on Threats Affecting ICS Endpoints released … Read more
AI-enhanced cyberattacks are the No. 1 concern for application programming interface (API) defenders, according to a survey by Kong published Tuesday. The survey of 700 IT leaders found that 32% of respondents ranked AI-enhanced attacks as the biggest API security threat to their organization, more than unauthorized access or breaches at 26% and insufficient encryption … Read more
Ransomware hackers have continued an assault on National Health Service trusts across the United Kingdom by compromising multiple hospitals, exposing sensitive patient data, and disrupting emergency services. Inc Ransom, a prolific Russia-linked ransomware group that claimed responsibility for an attack on NHS Scotland earlier this year, now claims to have breached the Alder Hey Children’s … Read more
Cyberattacks cost UK businesses approximately £44 billion (US$55.3 billion) in lost revenue over the past five years, according to research published by Howden, the London-based insurance intermediary group. Half of those businesses (52%), or 1.3 million private sector companies, have suffered at least one cyberattack during that time period (2019-2024), costing on average 1.9% of … Read more
