Brooklyn, New York-based PEXUniverse is a pure-play ecommerce distributor of plumbing, heating and HVAC parts and supplies
Black Kite’s data shows that ransomware attacks in distribution are concentrated among companies well below the industry’s largest enterprises.
The concentration of attacks among midsized companies could be particularly significant for distributors because those businesses frequently operate as manufacturers, suppliers, and service providers within larger supply chains.
ScanSource on Aug. 20 also announced an agreement to acquire MicroAge for $220.5 million in cash, a deal that would expand the distributor beyond its traditional technology products into cloud, cybersecurity, data center, and AI services
Cyber activity monitoring recorded the largest drop, falling 13 percentage points. Awareness training declined 11 points, penetration testing fell 6 points, and cyber insurance coverage declined 2 points. Annual risk assessments and incident response plans were unchanged.
In his new role, he will oversee the company’s cybersecurity strategy, enterprise risk management and cyber resilience initiatives as Border States continues to expand its digital capabilities.
CMMC has become a gating requirement for suppliers seeking to participate in parts of the federal procurement ecosystem.
As wholesale distributors embrace AI-powered operations, new security threats demand new defenses.
As of Tuesday morning, the company had not disclosed whether sensitive data, such as customer, vendor, or employee information, was compromised.
The stakes are high: Distributors must protect their businesses.