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According to Taiwan media reports, on the evening of 3rd August, the largest iPhone chip supplier, Taiwan Semiconductor Manufacturing Co.(TSMC), was infected by WannaCry ransomware, and the production line was completely shut down. It is rumored that TSMC was attacked by hackers, but TSMC officially confirmed the incident that some production equipment was infected by WannaCry ransomware. The company has controlled the scope of the virus infection, and 80% of the company's "impacted tools" had been fixed on Sunday. As the key supplier of Apple's mobile phone core processor, TSMC got a lot of attention after the incident was exposed. The third quarter is the peak season for mobile phone production each year, thus, the incident may postpone Apple's by shipments. Apple's third-quarter revenue is also expected to drop by about 3%. It may even affect Apple's new mobile phone release. WannaCry ransomware has infected more than 200,000 machines in 150 countrie...

CIOs are continuously innovating and improving their technology, but is cyber security their job? In this day and age digital disruption is an ever-present occurrence in almost every sector, and it is this fact that earned some CIOs the title of Chief Innovation Officer's. But with a massive focus on innovation some areas in business tend to suffer, and amongst the worst hit is cyber security. "We can't speak on innovation without touching on cyber security. It might be scary, but to move forward we should never get stuck in the gloom," said Kendi Nderitu, Check Point, Country manager, Kenya, during the CIO IoT and AI Summit being held at the Crowne Plaza, Nairobi, Kenya. According to a recent Harvey Nash/KPMG CIO Survey, 89pc of chief information officers said they were maintaining or increasing investment in innovation, yet only one in five claimed they were able to handle a cyber security attack "very well". As CIOs come to grips with these harsh reali...