Pepco Loses €15M from Phishing Attack
The Hungarian arm of the Pepco Group announced a phishing attack on the retailer, resulting in €15 million worth of losses.
Pepco is currently working on efforts to retrieve the losses through banking partners, but resolving the issue at this point remains unclear largely due to the nature of the attack.
50% of Companies Experienced IoT Cyber Incidents
A Viakoo survey unveiled that 50% of respondents experienced IoT cyber incidents in 2023.
Among those IoT cyber incidents, 44% were reported to be ‘severe’, while 22% were labeled as ‘threatening’.
US Government Calls for Timely Threat Reporting in the Manufacturing Sector
A new technical report by the US White House’s Office of the National Cyber Director (ONCD) dives into the need for more cyber transparency for the US manufacturing sector.
The ONCD report calls for US manufacturers to improve vulnerability documentation by including Common Vulnerability and Exposures (CVE) data and Common Weakness Enumeration (CWE) to boost cyber efforts in the critical sector.