Hong Kong startup ICW eyes supply chain diversification demand amid trade war

For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human rights-related sanctions, among other trade blacklists targeting Chinese firms have also rattled U.S. supply chains. One young company called International Compliance Workshop, or ICW, is determined to make sourcing easier for […] Continue reading Hong Kong startup ICW eyes supply chain diversification demand amid trade war

Biden’s bold EV promise could re-shape the auto landscape

“The federal government … owns an enormous fleet of vehicles, which we’re going to replace with clean electric vehicles made right here in America made by American workers,” said President Joe Biden on Monday, signaling he’s willing to use his new of… Continue reading Biden’s bold EV promise could re-shape the auto landscape

Cyberattack disrupts services at crane manufacturer Palfinger

Palfinger, an Austrian firm that makes cranes and other machinery, said Monday that an “ongoing global cyberattack” had disrupted the company’s ability to process orders and shipments of its equipment. Email services across the company were down in an incident that was causing “massive effects on its IT infrastructure,” Palfinger said in a statement greeting visitors to its website. The possible suspects, the malicious software used and the possible length of the recovery process all remained unclear at the time of publication. Palfinger has much at stake in keeping the IT supporting its logistics functioning. The company has 33 manufacturing and assembly sites in Asia, Europe and North and South America, according to its website, and reported more than $2 billion in revenue in 2019. “In the manufacturing business, time is money, so the disruption of Palfinger’s IT services, as well as order processing and shipment delays, translates to lost […]

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“Super-hard” metals forged in new nanoparticle manufacturing process

Researchers at Brown University have developed a new way to make super-hard metals. The team made nanoparticle “building blocks” that could be fused together under moderate pressure, thanks to a chemical treatment.Continue ReadingCategory: Materials, S… Continue reading “Super-hard” metals forged in new nanoparticle manufacturing process

Pandemic Chip Shortages Are Shutting Down Automotive Production

Once upon a time, the automobile was a mostly mechanical beast, but no longer. Advanced electronics have weaved their way into the modern car, from engine to infotainment and climate control to the buttons now sprinkled throughout the passenger cabin. …read more

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Peeking Inside A VW Gearbox Reveals Die Casting Truths

Recently, I was offered a 1997 Volkswagen Golf for the low, low price of free — assuming I could haul it away, as it suffered from a thoroughly borked automatic transmission. Being incapable of saying no to such an opportunity, I set about trailering the poor convertible home and immediately …read more

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Spearphishing Attack Spoofs Microsoft.com to Target 200M Office 365 Users

It remains unknown as to why Microsoft is allowing a spoof of their very own domain against their own email infrastructure. Continue reading Spearphishing Attack Spoofs Microsoft.com to Target 200M Office 365 Users

New technique rolls out 40 feet of perovskite solar film per minute

Perovskite solar cells are rapidly catching up to their silicon forebears in terms of efficiency, but one area they continue to lag behind in is production speed. Now, researchers at Stanford University have developed a new method of making perovskite … Continue reading New technique rolls out 40 feet of perovskite solar film per minute

Networking giant Belden says hackers accessed data on employees, business partners

Belden, a U.S. manufacturer of networking and industrial cable products, said Tuesday that unidentified attackers had accessed and copied data on current and former employees, and some of its business partners. The St. Louis-based company, which reported more than $2 billion in revenue last year, said in a statement that it believed it prevented the attackers from further accessing data on its servers, and that it had hired lawyers to help it “notify appropriate regulatory authorities [of the incident] around the world.” The company said law enforcement is investigating the incident. Executives did not disclose the type of data involved, or how many people’s information was compromised. Belden, which has offices on multiple continents, makes fiber-optic cables and networking equipment used in the transportation, oil and gas, and other sectors. Belden has invested considerably in cybersecurity products. The company in 2014 bought cybersecurity company Tripwire, which makes data-integrity software, for $710 million. Belden said it […]

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Ransomware incidents in manufacturing grow as transparency, and attack options, increase

The number of publicly documented ransomware incidents at manufacturing organizations has jumped considerably in 2020 as attackers have found ways to disrupt facilities’ operations by affecting both traditional IT networks and software that supports industrial processes, according to research published Thursday. Industrial security company Dragos found that ransomware incidents in the manufacturing sector had more than “tripled” this year compared to 2019, though the company did not specify the number of incidents. Two things help explain the report’s findings: Companies are being more transparent about reporting incidents; and manufacturing, like other sectors such as health care, has endured a rise in opportunistic attacks from criminals who know how bring an organization to its knees. “Companies that rely on availability of their operations [are] being targeted and held for ransom to be able to restart those processes,” said Selena Larson, a senior cyberthreat analyst at Dragos. Among the Dragos tally were reported ransomware […]

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