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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]The cyber safety review board is similar to the FAA’s National Transportation Safety Board, except that they are investigating Cybersecurity crashes (breaches) rather than airplane or container ship crashes. The board is new. It was created by Executive Order 14028 in 2021. They only convene when requested to by the Secretary of Homeland Security and, […]
Continue reading → [DISPLAY_ACURAX_ICONS]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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]The Department of Defense has been trying for ten years now to shore up the security of defense contractors but still has not gotten new regulations passed. Here is one example of why they are needed. Desparately. The breach against defense contractor Acuity, Inc. happened last month. The data was being sold for only $3,000 […]
Continue reading → [DISPLAY_ACURAX_ICONS]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 […]
Continue reading → [DISPLAY_ACURAX_ICONS]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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