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Using blockchain to combat counterfeiting in manufacturing

CGI

Using blockchain to combat counterfeiting in manufacturing. Correspondingly, for manufacturers and retailers, safeguarding the consumer experience and ensuring safety and trust are key to protecting the brand. Product authenticity plays a huge role in assuring consumer confidence for B2B and B2C businesses.

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes. Blockchain technologies can increase transparency and traceability in the supply chain, helping to prevent fraud and ensure product authenticity.

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Black Basta Ransomware gang accumulated at least $107 million in Bitcoin ransom payments since early 2022

Security Affairs

The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. ” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The largest received ransom payment was $9 million, and at least 18 of the ransoms exceeded $1 million.

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Building a sustainable automotive supply chain

IBM Big Data Hub

For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.

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How to Prepare for the Metaverse

AIIM

From the Australian Open offering fans art ball NFTs with real-time match data to JPMorgan Chase’s tiger-friendly lounge in the blockchain-based world Decentraland, metaverse events are exploding into 2022 as powerful new weapons to engage with people. Disney even tapped a new executive, Mike White, to lead its foray into the metaverse.

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

Source (New) Software Luxembourg Yes 3,600,000 National Automobile Dealers Association Source (New) Retail USA Yes 1,065,000 Consórcio Canopus Source (New) Professional services Brazil Yes 1,400,000 The Teaching Company (Wondrium by The Great Courses) Source (New) Education USA Yes 1.3 TB Gräbener Maschinentechnik GmbH & Co.

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The Week in Cyber Security and Data Privacy: 20 – 26 November 2023

IT Governance

Known records breached SAP SE Source (New) Technology Bulgaria Unknown 95,592,696 TmaxSoft Source (New) Technology South Korea Yes 56,000,000+ NTT Business Solutions Source (New) Telecoms Japan Yes 9,000,000 Welltok Source (New) Technology USA Yes 8,493,379 Online platform or service used by Turkish healthcare providers or the Ministry of Health (probably) (..)