Mining Cloud Cyber Threats Rise
This is a news story, published by Yahoo Finance, that relates primarily to Freeport-McMoRan news.
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Technology
Cyber threats in mining: the hidden cost of digitalisation

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.
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