The Cactus ransomware gang claims to have stolen 1.5 terabytes of data from Schneider Electric, an OT manufacturer, and posted a sample online as proof. The stolen data reportedly includes US passports and non-disclosure agreements. Shawn Wiora, CEO of Token, warns this could result in a record ransomware payment. He notes that such losses are often due to reliance on outdated MFA technology to counter AI-driven cyberattacks. Schneider Electric confirmed that data from its Sustainability Business Division was compromised during the attack.
Startup OMass Secures $310M to Advance Drug for Rare Endocrine Disorder
OMass’s molecule is vying to become an alternative to a Neurocrine Biosciences drug that is currently the only FDA-approved therapy for congenital adrenal hyperplasia. But
