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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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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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Cyber Attack Halts Production at Ag Equipment Maker AGCO Fendt

The Security Ledger

A cyber attack has disrupted the operations of AGCO/Fendt, a major manufacturer of agricultural equipment, the company has acknowledged. The post Cyber Attack Halts Production at Ag Equipment Maker AGCO Fendt appeared first on The Security Ledger with Paul F. Cyber attacks on agriculture on the rise.

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Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk

The Security Ledger

The bad news: those same remote access features could be used to launch crippling, large scale attacks on US farms. The post Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk appeared first on The Security Ledger with Paul F. Jim Langevin on Cyber Policy in an Age of Political Polarization. The bad news?

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North Korean Hackers Intensify Cyberattacks on South's Arms Industry

SecureWorld News

North Korea's prolific state-sponsored hacking units are once again setting their sights on South Korea's defense and arms manufacturing sector. Documentation on the Lazarus Group contains dozens of TTPs that can be analyzed against defensive infrastructure maturity and assets of an organization to prioritize and harden against attack."

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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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Norsk Hydro Hit with ‘Severe’ LockerGoga Ransomware Attack

The Security Ledger

Global aluminum manufacturer Norsk Hydro was hit with an alleged ransomware attack Tuesday. The attack is having a major impact on the company's global business and production. The post Norsk Hydro Hit with ‘Severe’ LockerGoga Ransomware Attack appeared first on The Security Ledger.