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Technology

Cyber threats in mining: the hidden cost of digitalisation

GlobalData
Summary
Nutrition label

75% Informative

Cyberattacks in the mining industry tripled between 2023 and 2024 .

80% of cyberattacks in mining industry are financially motivated, with criminals seeking ransom payments through extortion tactics.

AI, robotics, AI and the Internet of Things (IoT) are now embedded in mining operations.

Freeport-McMoRan cautions the use of AI is starting to yield real dividends.

This brings with it potential risks, as the models in use become part of our proprietary information or trade secrets that contribute to our competitive advantage.

The paradox highlights the complex cybersecurity challenges in the mining sector.

VR Score

69

Informative language

63

Neutral language

54

Article tone

semi-formal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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