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75% of industry hit by ransomware attacks in past year

A global poll of 1,100 IT and OT (operational technology) security professionals working in the industrial sectors has found that 75% of them were targets of ransomware attacks in the past year. The independent poll, conducted for the cybersecurity firm Claroty, also found that 69% of the targeted organisations had paid the ransom, and that more than half (54%) of those who paid suffered financial ramifications worth $100,000 or more.

HMS Networks buys Red Lion Controls to boost its US presence

The Swedish industrial communications specialist HMS Networks is buying the US-based automation supplier Red Lion Controls from its UK owner, Spectris Group Holdings, for a cash sum of $345m, on a cash- and debt-free basis. The deal will strengthen HMS’ presence in North America and enable cross-selling of both HMS’ and Red Lion’s products.

Survey of 2k motors shows energy use could be cut by 31%

ABB has analysed the performance of more than 2,000 industrial electric motors in a variety of applications and found that their energy use could be cut by an average of 31% by upgrading them or using better controls. The potential energy savings equate to more than 2.1TWh across the 20-year lifetime of these systems – equivalent to the energy used every year by 1.25 million typical homes in the EU.

Siemens simplifies motion engineering to tackle skills crisis

At the recent SPS exhibition in Germany Siemens announced several software and hardware developments designed to make motion programming easier and thus to tackle the shortage of skilled motion engineers around the world.

Finnish-Japanese JV plans 3D simulations for manufacturers

Mitsubishi Electric has formed a joint venture with a Finnish specialist in 3D manufacturing simulations, Visual Components, to develop and sell 3D simulators for manufacturing applications.Mitsubishi and Visual Components will hold 70% and 30% stakes in the company, called the ME Industrial Simulation Software Corporation, which will have its headquarters in Japan and a development base in Finland, initially with 13 employees.

Global initiative plans data ecosystem for smart manufacturing

A group of organisations representing advanced manufacturing interests around the world have joined forces to establish a global body with the aim of developing a decentralised and collaborative data ecosystem for smart manufacturing.

Rockwell buys OT cybersecurity firm to expand its portfolio

Rockwell Automation is buying the US industrial cybersecurity specialist Verve Industrial Protection, for an undisclosed sum. The deal will add asset inventory and vulnerability management systems to Rockwell’s portfolio.

Dell, Nokia and Kuka join Rexroth’s ctrlX automation platform

Bosch Rexroth has announced that Dell Technologies, Nokia and the robot-maker Kuka are now supporting its ctrlX industrial automation ecosystem, joining Wago, which earlier this year announced plans to use the real-time Linux-based OS for its mid- and high-performance controllers. The latest signings will give a significant boost to Rexroth’s ambition to establish ctrlX as a universal open system for automation applications.

US court orders Ideal Electric to stop using Louis Allis name

The US motor manufacturer Louis Allis has obtained a preliminary injunction order from a federal court in Delaware that immediately prohibits the Ideal Electric Power Company from using or displaying Louis Allis’ federally registered trademarks for its brand name and stylised LA logo. The preliminary injunction order will continue until the court has ruled following a trial on this matter, which is expected to take place in 2025.

ABB and Porsche join forces to automate the construction industry

ABB Robotics and Porsche Consulting are collaborating to help automate the construction industry. They say that their collaboration will help meet the need for more affordable and sustainable buildings and reduce the environmental impact of construction, amid widespread labour and skill shortages.

Study finds 100,000 control systems exposed to Internet

New research has found about 100,000 industrial control systems (ICSs) around the world that are exposed to the public Internet. This could allow cyber-attackers to take control of infrastructures in areas such as factories, power grids, water plants and security systems, potentially causing disruption, threatening safety and compromising data and intellectual property.

China installs half of the world’s new industrial robots

Global installations of new industrial robots rose by 5% in 2022 to reach a total of 553,052 – and more than half of them (290,258) were installed in China, according to the latest figures from the International Federation of Robotics (IFR). In fact, 73% of all newly deployed robots were installed in Asia, compared to 15% in Europe and 10% in the Americas.

WEG buys Regal Rexnord’s motors businesses for $400m

The Brazilian motor-maker WEG is buying the industrial motors and generators businesses that make up the majority of Regal Rexnord Industrial Systems segment for $400m.

Red Hat and Intel say edge platform will ‘transform’ industry

The open-source software specialist Red Hat has teamed up with the semiconductor giant Intel to develop an industrial edge platform that, they say, will provide a modern approach to building and operating industrial controls.

Report blames state ‘actors’ for 60% of industrial cybercrime

A global survey of cyberattacks on industrial control system (ICSs) and/or operational technology (OT) operations, has found that more than half (60%) are led by state-affiliated “actors” and that about a third are unintentionally enabled by internal personnel.