Two major technology suppliers, Itron and Medtronic, have disclosed recent cybersecurity breaches. Itron, a utility technology firm, detected unauthorized access to its corporate systems on April 13th, though it has since remediated the activity and expects insurance reimbursement for costs. Medical device manufacturer Medtronic also reported a breach where an unauthorized party accessed data within its corporate IT systems, with the group ShinyHunters claiming to have compromised over 9 million records and demanding an extortion payment. AI
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RANK_REASON This cluster reports on cybersecurity breaches at two companies, which is a common occurrence and does not represent a significant industry-wide shift or a frontier release.