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Taiwan Semiconductor Manufacturing Company (TSMC)—the world's largest makers of semiconductors and processors—was forced to shut down several of its chip-fabrication factories over the weekend after being hit by a computer virus. Now, it turns out that the computer virus outbreak at Taiwan chipmaker was the result of a variant of WannaCry —a massive ransomware attack that wreaked havoc across the world by shutting down hospitals, telecom providers, and many businesses in May 2017. TSMC shut down an entire day of production this weekend after several of its factories systems were halted by a computer virus in the middle of the ramp-up for chips to be used by Apple's future lines of iPhones, which could impact revenue by approx $256 million. According to the semiconductor manufacturer, its computer systems were not direct attacked by any hacker, but instead, were exposed to the malware "when a supplier installed tainted software without a virus scan" to TSMC...

Taiwan Semiconductor Manufacturing Company (TSMC)—Apple's sole supplier of SoC components for iPhones and iPads, and Qualcomm's major manufacturing partner—shut down several of its chip-fabrication factories Friday night after being hit by a computer virus. The world's largest makers of semiconductors and processors TSMC lost an entire day of production after several of its factories systems were halted by a computer virus in the middle of the ramp-up for chips to be used by Apple's future lines of iPhones. Though the popular chip maker has been attacked by viruses in the past, this is the first time a virus has affected TSMC's production lines, making the incident a real big deal. Without revealing many details, TSMC said a number of its computer systems and fabrication tools were infected by the virus on Friday night, but since then it has recovered 80% of its impacted equipment, though others will be recovered by tomorrow. According to TSMC, the comput...

As SaaS providers race to integrate AI into their product offerings to stay competitive and relevant, a new challenge has emerged in the world of AI: shadow AI.  Shadow AI refers to the unauthorized use of AI tools and copilots at organizations. For example, a developer using ChatGPT to assist with writing code, a salesperson downloading an AI-powered meeting transcription tool, or a customer support person using Agentic AI to automate tasks – without going through the proper channels. When these tools are used without IT or the Security team's knowledge, they often lack sufficient security controls, putting company data at risk. Shadow AI Detection Challenges Because shadow AI tools often embed themselves in approved business applications via AI assistants, copilots, and agents they are even more tricky to discover than traditional shadow IT. While traditional shadow apps can be identified through network monitoring methodologies that scan for unauthorized connections based on...