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LockBit gang demands a $70 million ransom to the semiconductor manufacturing giant TSMC

Security Affairs

The LockBit ransomware gang claims to have hacked Taiwan Semiconductor Manufacturing Company (TSMC). The LockBit ransomware group this week claimed to have hacked the Taiwan Semiconductor Manufacturing Company ( TSMC ) and $70 million ransom. In August 2018, a malware infected systems at several Taiwan Semiconductor Manufacturing Co.

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[CASE STUDY] New-school Approach to Training and Simulated Phishing Shines Over Traditional LMS

KnowBe4

based enterprise manufacturing organization cut their Phish-prone Percentage™ (PPP) by more than 80% after five months using the KnowBe4 security awareness training and simulated phishing platform.

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OmniVision disclosed a data breach after the 2023 Cactus ransomware attack

Security Affairs

The digital imaging products manufacturer OmniVision disclosed a data breach after the 2023 ransomware attack. The company designs and develops digital imaging products for use in mobile phones, laptops, netbooks and webcams, security and surveillance cameras, entertainment, automotive and medical imaging systems.

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Key Developments in IoT Security

Thales Cloud Protection & Licensing

Key Developments in IoT Security. The rush to market for consumers to enjoy the modern conveniences offered by these devices shocked the security community. Security experts were concerned that these devices were built with no security in mind. Has the security of these devices gotten better, or remained the same?

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Experts link Raspberry Robin Malware to Evil Corp cybercrime gang

Security Affairs

IBM Security X-Force researchers discovered similarities between a component used in the Raspberry Robin malware and a Dridex malware loader, which was part of the malicious operations of the cybercrime gang Evil Corp. IBM shared the following tips to prevent Raspberry Robin infections: Implement security awareness training.

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Senior Executives Beware: The Rise of EvilProxy Phishing Campaigns

KnowBe4

Menlo Security warns that a social engineering campaign is using the EvilProxy phishing kit to target senior executives across a range of industries, including banking and financial services, insurance, property management and real estate, and manufacturing.

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FBI warns of ransomware attacks targeting the food and agriculture sector

Security Affairs

Small farms, large producers, processors and manufacturers, and markets and restaurants are particularly exposed to ransomware attacks. Implement a recovery plan to maintain and retain multiple copies of sensitive or proprietary data and servers in a physically separate, segmented, secure location (i.e., Implement network segmentation.