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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

The data shows how perceptions around cyber and technology risks, from ransomware and other cyber-attacks to the threats posed by AI, are changing the global business risk landscape. Yet, boardroom focus on cyber risk appears to be diminishing. trillion by 2025, a 300% increase since 2015 1.

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WEF Outlines Path to Cyber Resilience for Manufacturing Sector

SecureWorld News

The manufacturing sector faces an increasingly daunting cyber threat landscape that puts production operations, intellectual property, and entire supply chains at risk. Simply checking boxes is no longer sufficient to withstand escalating cyber attacks from criminals, nation-states, and insiders," the paper states.

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Top Cyber Attacker Techniques, August–October 2024

Digital Shadows

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. GreyMatter DRP generates alerts that are categorized by risk type and provides context that can allow organizations to take proactive remediation responses.

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RiskLens Fast Facts on Cyber Risk in Manufacturing

Security Boulevard

best known as the maker of Ski-Doo snowmobiles, reported a cyber attack in August, 2022, that forced production shutdowns at factories in four countries for about a week after a malware infiltration from a third-party service. The post RiskLens Fast Facts on Cyber Risk in Manufacturing appeared first on Security Boulevard.

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GUEST ESSAY: A call for immediate, collective action to stem attacks on industrial control systems

The Last Watchdog

As the Industrial Internet of Things continues to transform the global industrial manufacturing and critical infrastructure industries, the threat of aggressive, innovative and dangerous cyber-attacks has become increasingly concerning. Related: The top 7 most worrisome cyber warfare attacks.

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A Ransomware Group Claims to Have Breached the Foxconn Factory

Hacker Combat

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The factory specializes in manufacturing, consumer electronics, medical devices, and industrial operations. SecurityWeek has attempted to contact the electronics manufacturer but has yet to receive a response.

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What is an OT Cyber Risk Framework? Purpose & Challenges

Centraleyes

What is an OT Cyber Risk Framework? An OT Cyber Risk Framework is a structured approach designed to identify, assess, manage, and mitigate cybersecurity risks in Operational Technology environments. Assessing the potential impact of cyber threats on critical industrial systems.