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Cyber Attacks: An investigation conducted by the Which? consumer group found that a UK home filled with smart devices could be exposed to more than 12,000 hacking attacks from across the world in a single week, with a total of 2,684 attempts to guess weak default passwords on just five devices.
(Bloomberg) -- Leaders of a US House panel on China asked the Biden administration to consider restricting access to capital for Quectel Wireless Solutions Co., saying the Shanghai-based maker of widely used internet-connection modules is tied to the country’s military.Most Read from BloombergIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandConfidential Jeffrey Epstein Documents Unsealed by New York CourtTech’s Losing Streak
Proposed by the European Commission last year, the Cyber Resilience Act requires manufacturers to assess the cybersecurity risks of their products and take measures to fix problems for a period of five years or through the expected lifetime of the products.
Siemens Eu Cybersecurity Rules: The proposed rules would also apply to importers and distributors of internet-connected devices. Cybersecurity worries have spiked following a series of high-profile incidents of hackers damaging businesses and demanding huge ransoms.
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Applied Materials shares climb after boosting its forecast on rising demand for AI computing and internet-connected devices, while ADRs of Chinese EV maker XPeng slide after a decline in deliveries. Here’s what investors need to know today.