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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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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. billion insurance claim for the losses caused by the NotPetya attack that took place in 2017. Merck filed a $1.4

Insurance 108
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STEPS FORWARD: Regulators are on the move to set much needed IoT security rules of the road

The Last Watchdog

Related: The need for supply chain security This is to be expected. 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. other European nations and Singapore soon began moving in this direction, as well.

IoT 180
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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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How your staff make security decisions: The psychology of information security

IT Governance

Your employees encounter potential cyber security threats on a daily basis. In The Psychology of Information Security , Leron Zinatullin explains how employees respond to those challenges and explains why they make the decisions they do. Use this book to understand your employee’s behaviour and resolve security-related conflicts.

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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. Experts from security firm Positive Technologies while analyzing Intel Management Engine (ME) discovered that Apple forgot did not lock it in laptops.

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US Navy Memo Raised Cyberscurity Concerns About DJI Drones

Data Breach Today

Once Classified Document Finally Released In 2017, the U.S. Army ordered that the use of drones made by Chinese manufacturer DJI be discontinued, citing security concerns.