Supply
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Abandoned S3 buckets could have caused a catastrophic supply chain attack – and all at a cost of just $400
Abandoned cloud storage buckets were ripe to be taken over by cyber criminals and used to conduct a supply chain attack that would have dwarfed the 2020 SolarWinds incident, according to new research. A report from watchTowr Labs demonstrated how attackers could potentially exploit unused cloud storage buckets to gain access to sensitive networks of national governments, militaries, and major…
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Trump’s 100% tariff threat on Taiwan chips raises cost, supply chain fears
“I don’t think we will see a near-term impact, as it takes years to build fabs, but by the end of the decade, the US share could rise by a few percentage points,” Gupta said. “It’s hard to give an exact number, but if I were to estimate, I’d say 14-15%. That isn’t a lot, but for the US to…
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Delays in TSMC’s Arizona plant spark supply chain worries
Delays at TSMC’s Arizona plant could compel its customers to rely on Taiwan-based facilities, leaving them vulnerable to geopolitical risks tied to Taiwan’s dominance in semiconductor production. “This situation could also delay the rollout of next-generation products in the US market, affecting timelines for AI, gaming, and high-performance computing innovations,” Rawat said. “Moreover, without access to local, advanced chips, US…
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74% of Chip-Reliant Organisations Report Insufficient Supply
While the world has largely recovered from the chip shortage of 2020 to 2023, only 26% of organisations that rely on them currently feel that their supply is sufficient, according to a new report by the Capgemini Research Institute. The report revealed that the AI boom has executives worried about whether fabs can keep up. In fact, 59% of 800…
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Tech supply chains at risk as the US launches probe into China’s legacy chip dominance
Unfair practices and strategic risks The Biden administration has alleged that China’s dominance stems from anti-competitive practices, including cyber intrusions, forced technology transfers, and underpricing chips by 30% to 50% — often below production costs. Katherine Tai, the US Trade Representative, explained that these artificially low prices are forcing out competitors and consolidating China’s control over the market. “China’s acts,…
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390,000 WordPress accounts stolen from hackers in supply chain attack
A threat actor tracked as MUT-1244 has stolen over 390,000 WordPress credentials in a large-scale, year-long campaign targeting other threat actors using a trojanized WordPress credentials checker. Researchers at Datadog Security Labs, who spotted the attacks, say that SSH private keys and AWS access keys were also stolen from the compromised systems of hundreds of other victims, believed to include…
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South Korea’s political unrest threatens the stability of global tech supply chains
“South Korea is a semiconductor superpower, especially in memory chips and camera sensor chips, accounting recently for some 18% of the world’s total semiconductor production capacity,” said Sujai Shivakumar, an expert at the Center for Strategic and International Studies (CSIS). “It accounts for 60.5% of the global memory semiconductor market, with a DRAM market share of 70.5% and a NAND…
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US expands curbs on China’s AI memory and chip tools, raising supply chain concerns
“Tech firms, especially those involved in AI training and inference, may experience delays and higher costs in acquiring these essential components,” Rawat said. “Similarly, server and PC chip shortages are exacerbated by restrictions on chipmaking tools, making it harder for Chinese manufacturers to produce advanced chips for servers and high-performance systems, potentially leading to delays or reliance on less advanced…
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Supply chain scares and Google’s AI code
November has come to a close, and the depths of winter are just around the corner. But that doesn’t mean events in tech are slowing down at all – nor that attackers are taking an early Christmas break. In the past month, we’ve seen a slew of cyber incidents, ranging from high-profile exploits of Microsoft vulnerabilities to a ransomware attack…
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Blue Yonder ransomware attack disrupts grocery store supply chain
Supply chain management firm Blue Yonder is warning that a ransomware attack caused significant disruption to its services, with the outages impacting grocery store chains in the UK. Blue Yonder (formerly JDA Software) operates as a Panasonic subsidiary with an annual revenue of over a billion USD and 6,000 employees. The company offers AI-driver supply chain solutions to retailers, manufacturers, and…
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