25 Jan 2021

Apple Supplier Foxconn To Build $270 Million Plant In Vietnam Amid U.S.-China Tensions

Foxconn Technology, a Taiwanese electronics manufacturer that supplies products for Apple recently received a license from the Vietnamese government to build a $270 million plant in the country despite US-China tensions. The plant will manufacture Apple laptops and tablets in the Southeast Asian nation in the rural province of Bac

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06 Feb 2020

IoT Malware Campaign Infects Global Manufacturing Sites

Researchers at TrapX Labs uncovered a malware campaign built to exploit flaws in connected devices has emerged, and it has been targeting manufacturers around the world. The campaign affects products ranging from small technology like smart printers to heavy operational equipment. TrapX Labs initially found the attack targeting Latin American

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15 May 2019

Over 460,000 E-Retailer User Accounts Hacked

Between April 23 and May 10, threat actors compromised 461,091 user accounts for the e-commerce portals of Uniqlo and GU, the Japanese company that owns the two brands acknowledged in a statement on Monday. Fast Retailing Co., the biggest retail firm in Asia, said that hackers managed to obtain access

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08 Apr 2019

Industry 4.0 at Risk as Manufacturers Fail to Patch

A new Trend Micro report underscores the poor state of security in the manufacturing sector. The study found that old and outdated operating systems with serious security shortcomings prevail in the industry. Windows 10 is running on a mere 29% of machines in the sector, while 60.2% still run Windows

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11 Dec 2018

Factories in the U.S. Are Posting Job Openings Like Never Before

In spite of the ongoing trade war between China and the U.S., a broader uptick in manufacturing jobs and goods in aggregate has resulted in growth across some sectors not seen for nearly two decades. “The job openings rate for the durable-goods manufacturing industry reached 4 percent in October, a

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