Tech

Attack on meat supplier came from REvil, ransomware’s most cut-throat gang

Enlarge / Ransomware (credit: Getty Images) The cyberattack that halted some operations at the world’s biggest meat processor this week was the work of REvil, a ransomware franchise that’s known for its ever-escalating series of cut-throat tactics designed to extort the highest price. The FBI made the attribution on Wednesday, a day after word emerged […]

Tech

Fab fires and drought threaten to make chip shortages worse

A significant portion of the Micron fab is bathed in yellow light to protect the light-sensitive coating on the wafers. Chips on the wafers are created using a photographic process. Each of the cameras, which are the machines on each side of the aisle, costs about $70 million. (credit: Micron) Semiconductor supply chains have not […]

Tech

A new type of supply-chain attack with serious consequences is flourishing

Enlarge (credit: Getty Images) A new type of supply chain attack unveiled last month is targeting more and more companies, with new rounds this week taking aim at Microsoft, Amazon, Slack, Lyft, Zillow, and an unknown number of others. In weeks past, Apple, Microsoft, Tesla, and 32 other companies were targeted by a similar attack […]

Business

Why Investment in supply-chain Strength pays

In ordinary times, the possibility of needing to announce a little fall in earnings is sufficient to create an executive group perspiration. However, that type of setback pales compared to the losses which supply-chain disruptions routinely sabotage –and that is without taking into consideration enormous outlier events such as the COVID pandemic. However, for decades, […]