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,
Hydrochasma: An Emerging Threat to Asia’s Medical and Shipping Industries
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.
There’s a new inflation warning for consumers coming from the supply chain
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.
US will see more new battery capacity than natural gas generation in 2023
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.
Critical Manufacturing Organizations Face Significant Risk of Cyber Attacks
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.
SUPPLY CHAIN SECURITY: 98% of Firms Have a Supply Chain Relationship That Has Been Breached: Analysis
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.
Additional Supply Chain Vulnerabilities Uncovered in AMI MegaRAC BMC Software
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.
How Biden’s microchip ban is curbing China’s AI weapons efforts
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.
2022 global smartphone shipments were the lowest in nearly a decade
The industry capped off another dismal year with a 17% year over year drop for Q4. That number puts the full year’s shipping figures 11% below 2021, per new numbers from Canalys, which refer to it as “an extremely challenging year for all vendors.”
CISA released four Industrial Control Systems (ICS) Advisories
These advisories provide timely information about current security issues, vulnerabilities, and exploits surrounding ICS. CISA encourages users and administrators to review the newly released ICS advisories for technical details and mitigations: