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Kaspersky and VDC Research reveal over $18B in potential losses from ransomware attacks on the global manufacturing industry in 2025

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Kaspersky

When ransomware hits, production lines halt, triggering immediate revenue losses from an idle workforce and longer-term shortfalls from reduced output

Kaspersky (www.Kaspersky.co.za) in collaboration with VDC Research announced that in the first three quarters of 2025 ransomware attacks on manufacturing organisations could have generated over $18 billion in losses. This figure reflects just the direct cost of an idle workforce during downtime, with overall operational and financial impacts far exceeding this amount. Estimations were made across APAC, Europe, the Middle East, Africa, CIS and LATAM based on the share of manufacturing organisations where ransomware attempts were detected and prevented, the total number of manufacturing organisations in each region, average downtime hours after real attacks, average number of employees per organisation and average hourly pay.

According to Kaspersky Security Network from January to September 2025, the Middle East (7%) and Latin America (6.5%) led the regional rankings in terms of ransomware detections in manufacturing organisations. APAC (6.3%), Africa (5.8%), CIS (5.2%) and Europe (3.8%) followed. All of these attacks were blocked by Kaspersky solutions. The estimation of potential losses (below) shows the financial impact if these attacks succeeded.

When ransomware hits, production lines halt, triggering immediate revenue losses from an idle workforce and longer-term shortfalls from reduced output. The average attack lasts 13 days (based on the Kaspersky Incident Response Report) (https://apo-opa.co/4pA9PUK). As a result, idle labour costs from ransomware in the first three quarters of 2025 could have reached:

  • $11.5 billion in APAC
  • $4.4 billion in Europe
  • $711 million in LATAM
  • $685 million in the Middle East
  • $507 million in CIS
  • $446 million in Africa

Partnering with proven cybersecurity vendors is paramount for effective IT, OT and IIoT protection

Actual business losses could have been significantly higher when factoring in supply-chain disruptions, reputational damage, and recovery expenses.

“Our research provides an estimation of the financial impact that ransomware may have had on manufacturing worldwide. The growing complexity of manufacturing environments, along with widening expertise gaps and ongoing labour challenges, makes it difficult for most organisations to manage cybersecurity effectively, but failure to do so may result in financial losses – followed by reputational blows as well. Partnering with proven cybersecurity vendors is paramount for effective IT, OT and IIoT protection,” comments Jared Weiner, Research Director, Industrial Automation & Sensors at VDC Research.

“No region is exempt from ransomware – whether it’s the Middle East, LATAM, APAC, CIS, Africa or Europe, every manufacturing hub is constantly being targeted. Mid-tier manufacturers that could have been overlooked by threat actors in the past are also among the targets because their security budgets are smaller and their supply chain disruption effects can be larger than most realise. The manufacturing sector and all other organisations need reliable, proven defence systems and continuous user education,” comments Dmitry Galov, Head of Research Center for Russia and CIS at Kaspersky’s GReAT.

More information about ransomware in different regions is available in Kaspersky’s 2025 State of Ransomware Report (https://apo-opa.co/43LYE2H).

Kaspersky encourages organisations to follow these best practices to safeguard from ransomware:

  • Enable ransomware protection for all endpoints. There is a free Kaspersky Anti-Ransomware Tool for Business (https://apo-opa.co/48fN4xZ) that shields computers and servers from ransomware and other types of malware, prevents exploits and is compatible with already installed security solutions.
  • For comprehensive protection of industrial and critical sectors, Kaspersky offers a distinctive ecosystem that seamlessly integrates dedicated OT-grade technologies, expert knowledge and invaluable expertise. At the core of this ecosystem is Kaspersky Industrial CyberSecurity (KICS) (https://apo-opa.co/3K8S27W), a native Extended Detection and Response (XDR) platform designed for critical infrastructure protection. It provides robust network traffic analysis, along with endpoint protection, detection and response capabilities. This comprehensive solution integrates traditional IT security measures with purpose-built industrial security technologies, ensuring that your company is well-equipped to face any threat.
  • Companies from non-industrial sectors can protect themselves by installing anti-APT and EDR solutions that enable capabilities for advanced threat discovery and detection, investigation and timely remediation of incidents. Organisations can also provide their SOC teams with access to the latest threat intelligence (https://apo-opa.co/4oZWhSr) and regularly upskill them with professional training. All of the above is available within Kaspersky Next Expert (https://apo-opa.co/4rpBklE).

Distributed by APO Group on behalf of Kaspersky.

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HUAWEI WATCH GT 6 Series Unveils Wheelchair Mode in Activity Rings for Inclusive Fitness

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Huawei

MADRID, SPAIN – Media OutReach Newswire – 27 February 2026 – MadriHuawei is proud to announce an inclusive upgrade to the Activity rings feature of Huawei watches, marking a significant milestone in its commitment to using technology for the benefit of all. On November 29, 2025, Activity rings introduced Wheelchair mode, a feature designed exclusively for wheelchair users. Wheelchair mode empowers wheelchair users to track their daily activities by accurately monitoring their pushes. Activity rings have been meticulously redesigned with wheelchair users in mind. Enhanced icons, motivational messages, and optimized algorithms work together to provide a seamless, supportive experience—one defined by both precision and encouragement.
The Wheelchair mode is more than an isolated advancement; it is the culmination of Huawei’s long-term commitment to inclusivity and innovation in the health and fitness sector. Over the years, Huawei has steadily expanded its R&D investments in wearable technology, while consistently prioritizing accessibility and inclusive design throughout its product evolution journey. From health monitoring features like heart rate and SpO2 measurement to the development of specialized algorithms for wheelchair users, every step in the evolution of Huawei wearables reflects a dedication to transforming cutting-edge technology into meaningful health solutions. As a leader in technological innovation, we embrace our duty to empower all—not just the many, but the overlooked and the underserved—ensuring a future where every individual thrives in health, dignity, and vitality.

To further highlight the humanistic values behind this innovation, Huawei wearables has released a powerful documentary-style video titled “Rolling Ahead.” This video captures the inspiring journeys of multiple wheelchair users on the sports field. Through Huawei wearables, their efforts are translated into quantifiable health data, vividly demonstrating how technology can serve as both a witness and a companion to extraordinary lives.

From technical breakthroughs to emotional resonance, Huawei is redefining the boundaries of health and fitness. By integrating the real needs of specific groups into the core of technological evolution, Huawei wearables are evolving from a mere provider of health technology to a catalyst for equal social participation. This is more than just a product feature upgrade—it’s a tangible realization of the vision to “bring digital to every person, home, and organization for a fully connected, intelligent world.”

A new workout mode, Rolling, will be available at the end of December, with the latest HUAWEI WATCH GT 6 Series being the first to support it. This mode precisely tracks the frequency and number of wheelchair pushes, ensuring that every movement is accurately tracked.

Moving forward, Huawei remains committed to exploring the convergence of technology and humanity. By collaborating with more partners, Huawei aims to build a more inclusive and compassionate digital health future—one where technology truly serves the needs of everyone.

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Liquid Intelligent Technologies Announces Debt Repayment and Agrees New Credit Facilities

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Liquid Intelligent Technologies

Strategic Financial Actions Support Growth Ambitions Across Africa

Liquid Intelligent Technologies, a business of Cassava Technologies (www.CassavaTechnologies.com), has today confirmed the full repayment of its ZAR term loan and USD revolving credit facility.

These transactions, alongside the recent sale of a minority stake in a data centre subsidiary in South Africa, are part of a significant strengthening of our capital structure

In tandem with this repayment, Liquid has agreed $410 million in new ZAR and USD credit facilities from a syndicate of commercial and development finance lenders. Cassava Technologies is further reinforcing Liquid’s financial position by injecting $195 million in fresh capital into the business.

Commenting on these developments, Hardy Pemhiwa, President and Group CEO stated: “These transactions, alongside the recent sale of a minority stake in a data centre subsidiary in South Africa, are part of a significant strengthening of our capital structure as we position the Group for accelerated growth. Through our One Cassava ecosystem, we are delivering innovative AI, cloud, data centre, payments, and low latency broadband connectivity solutions to enterprise customers across Africa.”

Africa Data Centre Holdings (“ADCH”) remains a wholly owned subsidiary of Cassava Technologies as the minority stake sale was in the ADCH South Africa business.

Looking ahead, Liquid intends to issue a new $300 million bond to replace its existing $620 million bond in advance of its maturity in September 2026. This move will reduce Liquid’s overall leverage and further strengthen the company’s balance sheet.

Distributed by APO Group on behalf of Cassava Technologies.

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SICPA secures major European award for United Kingdom (UK) Vaping Duty Stamps Program

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SICPA

Swiss technology company SICPA (www.SICPA.com) secured a landmark traceability contract, in partnership with Spectra Systems Corporation’s subsidiary, Cartor Security Printers (Cartor), reinforcing its global leadership in secure track and trace (T&T) technology. The program will deliver robust traceability solutions to His Majesty’s Revenue and Customs (HMRC) for vape products in the United Kingdom.

Building on SICPA’s proven experience in deploying secure T&T systems for excisable products and leveraging Cartor’s advanced security printing capabilities, the consortium will deliver a robust solution combining banknote‑grade security features with state‑of‑the‑art digital systems to effectively combat the illicit trade of vape products.

Cartor is proud to work alongside SICPA to deliver this important program for HMRC

The solution will enable HMRC to support excise duty collection, enhance market compliance, protect consumers, and further strengthen its fight against illicit trade.

Following a multistage procurement process launched by HMRC in July 2025, the consortium was appointed upon detailed assessment of technical and financial submissions. The project will run for an initial five-year term, with an option for a further one-year extension. The system will be implemented in phases, beginning with a transitional duty stamp from April 2026, followed by an enhanced stamp supported by a full track and trace solution from October 2026.

Cartor will be responsible for the printing of tax stamps with the provision of core security features. SICPA will complement these with additional material and digital security features that further reinforce the system’s robustness, while also managing tax stamp coding and the track and trace software solutions. Its role also includes managing stakeholder and product registration, tax stamp ordering and payments processes, as well as data collection and compliance monitoring for HMRC across the vape products supply chain. SICPA’s advanced digital market intelligence capabilities will further enable the identification of suspicious patterns and potential fraud hotspots, while audit devices for enforcement authorities and consumer verification applications will support in tackling fraud and fakes.

“We are glad to support His Majesty’s Revenue and Customs in its mission to secure the market against illicit trade, building on decades of experience in excisable products secure traceability systems and the successes of our programs throughout the world,” said Philippe Amon, chairman and CEO of SICPA.

“Cartor is proud to work alongside SICPA to deliver this important program for HMRC,” said Andrew Brigham, Cartor’s managing director. “By combining our complementary strengths, this partnership delivers a trusted solution for our customer and the UK vapes market, while supporting the UK’s efforts to protect both public revenues and consumers.”

Distributed by APO Group on behalf of SICPA HOLDING SA.

 

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