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The recent cyberattack on TOMRA, a leading recycling entity and crucial cog in the wider manufacturing supply chain, underscores the escalating threat of cybercrime in the manufacturing sector. On July 16, TOMRA's data systems were extensively compromised, leading to significant operational disruptions. The attack's impact varied across the company's infrastructure, with systems taken offline and machines of different generations affected differently.

Bettina Stark-Watzinger, Germany's research minister, announced a two-year goal of boosting AI research funding to nearly a billion euros.

Earnings season is winding to a close, and while the results were fairly strong, investors don't seem very excited about equities.

New research by the Ponemon Institute and IBM Security revealed that the global average cost of a data breach reached $4.45 million and the costs of avoiding law enforcement after a ransomware attack have increased by $470,000.

/PRNewswire/ -- IBM (NYSE: IBM) Security today released its annual Cost of a Data Breach Report,1 showing the global average cost of a data breach reached...