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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. ” reads the announcement published by Lockbit operators on their leak site.

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CVE-2018-4251 – Apple did not disable Intel Manufacturing Mode in its laptops

Security Affairs

Positive Technologies while analyzing Intel Management Engine (ME) discovered that Apple did not disable Intel Manufacturing Mode in its laptops. In August 2017, the experts from Positive Technologies (Dmitry Sklyarov, Mark Ermolov, and Maxim Goryachy) discovered a way to disable the Intel Management Engine 11 via an undocumented mode.

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Merck settles with insurers regarding a $1.4 billion claim over NotPetya damages

Security Affairs

It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products.

Insurance 109
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Hackers have stolen customer data from Titan Manufacturing and Distributing company for nearly one year

Security Affairs

Cyber criminals have stolen customer data from the Titan Manufacturing and Distributing company for nearly one year using a malware. Hackers hit the Titan Manufacturing and Distributing company and compromised its computer system to steal customer payment card data for an entire year. Titan Manufacturing and Distributing, Inc.

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Backdoor Built into Android Firmware

Schneier on Security

In 2017, some Android phones came with a backdoor pre-installed : Criminals in 2017 managed to get an advanced backdoor preinstalled on Android devices before they left the factories of manufacturers, Google researchers confirmed on Thursday. That meant the malware could directly tamper with every installed app.

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STEPS FORWARD: Regulators are on the move to set much needed IoT security rules of the road

The Last Watchdog

I had an eye-opening conversation about all of this with Steve Hanna , distinguished engineer at Infineon Technologies , a global semiconductor manufacturer based in Neubiberg, Germany. After all, government mandates combined with industry standards are the twin towers of public safety.

IoT 220
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BMW exposes data of clients in Italy, experts warn

Security Affairs

Original post at: [link] Hackers have been enjoying their fair share of the spotlight by breaching car manufacturers’ defenses. In 2017, a vulnerability was discovered in the aforementioned framework. Cybernews researchers discovered that BMW exposed sensitive files that were generated by a framework that BMW Italy relies on.