Collaborate Disseminate
The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs of grappling with the shifting […] Continue reading Fractory raises $9M to rethink the manufacturing supply chain for metalworks
Although magnesium is known for being lightweight, riveting pieces of it together can be an involved, energy-intensive process. A new technique is claimed to make doing so much simpler, possibly opening up new uses for the metal.Continue ReadingCategor… Continue reading Friction-based riveting tech could make magnesium more useful
The semiconductor shortage sparked by the pandemic is showing no signs of slowing down. Although auto manufacturers were some of the first effected, the shortage has now spread and is …read more Continue reading Tales from the Global Chip Shortage: Smoothieboard
Food is a ubiquitous part of the human experience. Cultures revolve around food; it’s the glue that brings families together at holidays, and it’s essential to survival. Humans must find food, shelter, and water according to Maslow’s Hierarchy of … Continue reading Why Food and Agriculture Need to Accelerate Security Measures in the Second Half of 2021
Confidence isn’t new when it comes to cybersecurity. All the way back in 2015, for example, 86% of security professionals working in the energy sector told Tripwire that they were confident they could detect a breach in a week. Just less than half (49%… Continue reading Survey: Nearly Half of Manufacturers Suffered a Digital Attack in the Last Year
Recent attacks targeting intellectual property (IP) and critical infrastructure are raising the security stakes for manufacturing organizations, as the industry records one of the highest attack rates of any sector since the onset of COVID-19. One in … Continue reading Cybercriminals Increasingly Target Manufacturing, IP
Long before Covid-19 precipitated “digital transformation” across the world of work, customer services and support was built to run online and virtually. Yet it too is undergoing an evolution supercharged by technology. Today, a startup called SightCall, which has built an augmented reality platform to help field service teams, the companies they work for, and […] Continue reading SightCall raises $42M for its AR-based visual assistance platform
Vena, a Canadian company focused on the Corporate Performance Management (CPM) software space, has raised $242 million in Series C funding from Vista Equity Partners. As part of the financing, Vista Equity is taking a minority stake in the company. The round follows $25 million in financing from CIBC Innovation Banking last September, and brings […] Continue reading Vista Equity takes minority stake in Canada’s Vena with $242M investment
Cyber Threats to Physical Systems are Increasing in Sophistication and Volume
The recent growth in cyber-attacks against operational technology (OT) systems is unprecedented.
According to IBM’s 2020 X-Force Threat Intelligence Index report, targe… Continue reading The Physical Impact of Manufacturing Cyber Threats
Halvor Molland was asleep on a brisk night in Oslo, Norway’s capital, two years ago when his phone rang around 3 a.m. The computer servers of Norsk Hydro, the global aluminum producer where Molland is senior vice president for communications, had seized up as a crippling ransomware infection spread through the company’s networks. “The feeling is: You really don’t believe it,” Molland recalled in a recent interview. “There was a decision then to shut down the network altogether, because at some point there was nothing left to isolate.” The ransomware attack would cost Norsk Hydro, which employs 35,000 people and has roughly 200 factories around the world, between $90 million and $110 million as production in some factories halted for weeks. Yet Molland and his team did something unusual for a large industrial organization disrupted by hackers: They told the public what happened in vivid detail, releasing video interviews in […]
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Continue reading As ransomware stalks the manufacturing sector, victims are still keeping quiet