Supply Chain Risk Management Capabilities Center
The collapse of the Silicon Valley Bank (SVB) on March 10, 2023, has sent ripples of turbulence throughout the global financial system, but for hackers, scammers, and phishing campaigns, it’s becoming an excellent opportunity.
As multiple security researchers report, threat actors are already registering suspicious domains, conducting phishing pages, and gearing up for business email compromise (BEC) attacks.
The US Environmental Protection Agency on Friday announced new requirements for public water facilities to boost their cybersecurity while expressing concern that many facilities have failed to take basic steps to protect themselves from hackers.
The new EPA memo requires state governments to audit the cybersecurity practices of public water systems — and then use state regulatory authorities to force water systems to add security measures if existing ones are deemed insufficient.
Managing your battery energy storage system (BESS) supply chain is a complex issue with no easy fixes, according to leading developers, system integrators and investors. That was the message from panelists on the ‘Effective Management of Supply Chains’ on day one of Energy Storage Summit in London last week (22/23 February). Supply chain has been a major topic in the BESS industry in the past few years,
A new player has emerged in the realm of cyber threats: Hydrochasma. According to Symantec’s investigation, this group has set its sights on medical laboratories and shipping firms in Asia. This previously unknown group was found to have no links to any known threat actors, but it appears to be interested in industries involved in COVID-19 treatments or vaccines.
As the markets prepare for the latest consumer price index data to be released on Tuesday, logistics managers are warning of a persistent source of inflation in the supply chain and saying consumers should be ready for the effect it will have on their wallets.
Earlier this week, the US’ Energy Information Agency (EIA) gave a preview of the changes the nation’s electrical grid is likely to see over the coming year. The data is based on information submitted to the Department of Energy by utilities and power plant owners, who are asked to estimate when generating facilities that are planned or under construction will come online. Using that information, the EIA estimates the total new capacity expected to be activated over the coming year.
Recent years have seen an alarming increase in the number of cyberattacks against critical infrastructure, many of which involved ransomware. Particularly in terms of cyber resilience, the industrial industry appears to be falling behind.
The digital supply chain is probably more extensive and more complicated than you realize. Upward of 98% of organizations have a relationship with at least one third party that has experienced a breach in the last two years – and these figures are almost certainly no exaggeration.
Two more supply chain security flaws have been disclosed in AMI MegaRAC Baseboard Management Controller (BMC) software, nearly two months after three security vulnerabilities were brought to light in the same product. Firmware security firm Eclypsium said the two shortcomings were held back until now to provide AMI additional time to engineer appropriate mitigations.
President Joe Biden’s motorcade pulled up to a 40-acre construction site dotted with some two dozen red, blue and gold cranes. An American flag hung from one of the site’s buildings alongside a banner that read “A Future made in America: Phoenix, Arizona.”
The site will feature a new facility of the Taiwan Semiconductor Manufacturing Company. Biden had arrived to tout the company’s newly announced $40 billion investment in U.S. microelectronics manufacturing following the July enactment of the CHIPS Act, which included $52 billion in subsidies and tax incentives for businesses that produce semiconductors within the country.