In Affärsmodellbloggen, Weekly disruption feed

Enjoy this weekly feed of inspiring, interesting and intellectual articles and news, with a focus on disruption!

Cyber security thread is back! China’s biggest hack, or not…

Cyber security has previously been a common topic on the fed and now it is back. These (mostly) invisible threats are all around and affecting companies daily. In a 2017 study by Accenture, the average amount of yearly cyber-attacks per company was 130. The biggest recent news here is that Chinese tiny spy-chips were reportedly implanted on US-servers. Bloomberg uncovered this in a detailed and well written article earlier this month (recommended read).

“One official says investigators found that it eventually affected almost 30 companies, including a major bank, government contractors, and the world’s most valuable company, Apple Inc.”

What makes this story particularly interesting however is that since the publishing of the article, Apple and other companies have denied all of it happening. And this past week US director of national intelligence, said there’s ”no evidence” of this hack. He also said;

”Understand that cyberthreats to your supply chain are an insidious problem that can jeopardize the integrity of your products.”

Takeaway: True or not, this story points to the seriousness of cyber threats today. Most likely you are already hacked, be aware and keep a look out to minimize impact!

→ Related article: 2017 Cost of Cyber Crime Study
→ Related article: The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies
→ Related article: US intelligence chief says ‘no evidence’ of Chinese spy chips

More environmentally friendly car batteries

As we wrote in last week’s feed about the recent IPCC report, it is indeed time to act to keep global warming down. Although electric cars are one step in the right direction on this matter, the manufacturing of these cars is anything but eco-friendly, especially not to produce the battery. However, in order to get as much as possible from the batteries, BMW has now developed a closed life cycle loop for theirs.

To start with, the batteries will be produced using “mostly” renewable energy. After being used in an electric car, the battery will serve as a stationary storage device before being recycled and the raw material reused. EV batteries will have to be more environmentally friendly for EVs to be a good long-term option, and this is one step closer.

→ Related article: BMW will give EV batteries new life with recycling program

 


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