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Security News Update for the Week Ending April 19, 2024

Feds Give Another Chip Maker Subsidy to Build in US Last week the feds announced a subsidy to Taiwan Semi to build multiple chip plants (fabs) in Arizona. This week the feds announced, based on last year’s CHIPS Act, a subsidy to Samsung to build multiple plants in Texas. This creates a lot of construction […]

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Open Source Maintainers Under Attack

There are folks who say that open source is safer than commercial software because, well, it is open source. Their theory is that since, technically, anyone can look at the source (ignoring the fact that you would need to be a trained programmer in whatever language that software is written in and have the time […]

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Security News Update for the Week Ending April 12, 2024

Administration Announces Preliminary Agreement for New High Tech Chip Factories in Arizona As you may remember, during the pandemic the shortage of chips caused widespread product shortages for everything from phones to cars. Congress passed the CHIPS act to subsidize companies who manufactured chips in the U.S. at a higher cost rather than in less […]

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Will Your Employees Fall for a Deep Fake Audio?

AI is good and getting better. We already saw a deep fake video fool some EU presidents into thinking they were talking to the head of the African Union. And another deep fake video fooled an accountant at a large European company to wire $25 million to a hacker. Here is another one. The hacker […]

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Cyberattacks Causing Physical Disruption on the Rise

At least 68 cyberattacks last year caused physical consequences to operational technology (OT) networks at more than 500 locations worldwide. Damage from these attacks ranged up to $100 millon. OT attacks are attacks on the systems that run businesses like manufacturing, transportation and the cities themselves. If you think about all of the computers that […]

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2024 May be Worse for Attacks Than 2023

According to Flashpoint, a threat intelligence service, 2023 recorded 6,077 breaches compromising more than 17 billion records. That is a 35 percent increase over 2022. Again, according to Flashpoint, for the first two months of 2024, that number is up 429 percent over the first two months of 2023. The U.S. represented 60 percent of […]

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