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Cyber-Criminal espionage Operation insists on Italian Manufacturing

Security Affairs

ZLab researchers spotted a new malicious espionage activity targeting Italian companies operating worldwide in the manufacturing sector. This actor was first spotted by PaloAlto’s UNIT42 in 2018 during wide scale operations against technology, retail, manufacturing, and local government industries in the US, Europe and Asia.

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Ransomware attacks break records in 2023: the number of victims rose by 128%

Security Affairs

The most active group in 2023: LockBit According to the data presented by the Cybernews research team, 66 active ransomware groups were identified and operating within the digital landscape in 2023. This group primarily focused its attacks on the construction, manufacturing/industrial, and retail industries.

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Security AI and automation are key in protecting against costly data breaches for retailers and consumer goods businesses

IBM Big Data Hub

The rise of online commerce over the last two decades has completely transformed the retail and consumer goods industries—and with smartphone adoption accelerating globally, the share of shopping done via the internet will only continue to expand. For retail, the average data breach studied cost $2.96

Retail 79
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MY TAKE: How digital technology and the rising gig economy are exacerbating third-party risks

The Last Watchdog

In an environment where a heating and ventilation subcontractor can pose an existential risk to a billion dollar retail chain – as infamously happened to Target – just knowing where to start assessing third party risk can be a challenge for any organization, Jordan told me. OT and IT convergence.

Risk 164
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NEW TECH: Cequence Security deploys defense against botnets’ assault on business logic

The Last Watchdog

Pick any company in any vertical – financial services, government, defense, manufacturing, insurance, healthcare, retailing, travel and hospitality – and you’ll find employees, partners, third-party suppliers and customers all demanding remote access to an expanding menu of apps — using their smartphones and laptops.

Security 145
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Calculating the Benefits of the Advanced Encryption Standard

Schneier on Security

From the conclusion: The result of performing that operation on the series of cumulated benefits extrapolated for the 169 survey respondents finds that present value of benefits from today's perspective is approximately $8.9 On the other hand, the present value of NIST's costs from today's perspective is $127 million.

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The Week in Cyber Security and Data Privacy: 5 – 11 February 2024

IT Governance

TB JP Original Corp Source New Manufacturing USA Yes 1.2 TB JP Original Corp Source New Manufacturing USA Yes 1.2 TB JP Original Corp Source New Manufacturing USA Yes 1.2 TB JP Original Corp Source New Manufacturing USA Yes 1.2 TB JP Original Corp Source New Manufacturing USA Yes 1.2