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The UK Bans Default Passwords

Schneier on Security

The Product Security and Telecommunications Infrastructure Act 2022 (PSTI) introduces new minimum-security standards for manufacturers, and demands that these companies are open with consumers about how long their products will receive security updates for. Unique passwords installed by default are still permitted.

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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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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. ” concludes the experts.

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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 221
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California Enacts New Requirements for Internet of Things Manufacturers

Hunton Privacy

On September 28, 2018, California Governor Jerry Brown signed into law two identical bills regulating Internet-connected devices sold in California. According to Bloomberg Law, the Bills’ non-specificity regarding what “reasonable” features include is intentional; it is up to the manufacturers to decide what steps to take. 327 and A.B.

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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. The group behind this activity is the same we identified in the past malicious operations described in Roma225 (12/2018), Hagga (08/2019), Mana (09/2019), YAKKA (01/2020). Introduction.

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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.