The American semiconductor manufacturer Microchip Technology recently fell victim to a ransomware attack orchestrated by the Play ransomware gang, resulting in significant disruptions to the company's servers and business operations. The initial response from Microchip Technology was swift,
The world of manufacturing is undergoing a transformative shift, significantly driven by the rise of the Internet of Things (IoT). This surge in interconnected devices is revolutionizing industry operations. However, with advanced IoT ecosystems come numerous security challenges. Markus Nispel, CTO
The Biden administration is gearing up to roll out a proposal that could significantly alter the landscape of the autonomous and connected vehicle industry in the United States. This proposal is set to bar the use of Chinese-developed software and advanced wireless communication capabilities in
In a notable deviation from the norm, Bassett Furniture Industries, a major U.S. furniture manufacturer, has publicly acknowledged that a recent ransomware attack will have a material impact on its business operations until recovery is complete. This announcement marks the first time a company has
The landscape of the automotive industry is undergoing a radical transformation thanks to the substantial advancements in artificial intelligence (AI) and embedded systems. These technologies are redefining what vehicles can do, promising not just enhanced safety but also a more seamless
The manufacturing sector has emerged as a prime target for cybercriminals, leading to a surge in cyber attacks over the past three years. According to the IBM X-Force Threat Intelligence Reports of 2024, more than 25% of security incidents last year were aimed at this industry, highlighting the
