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Industry News: ESG5

    Generative AI May Shoulder Up To 40% Of Workload, Some Bank Execs Predict

    2025-05-15

    CIO Dive: Almost half of bank executives surveyed recently by KPMG expect that generative AI will be able to handle between 21% and 40% of their teams’ daily tasks by the end of the year.

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    Orca Security Gets AI-Powered Remediation From Opus Deal

    2025-05-14

    Dark Reading: Orca Security announced it has acquired Opus, a Tel Aviv, Israel-based security startup which developed autonomous vulnerability management technology using agentic AI to remediate and prevent malicious activity automatically.

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    Congress Faces Pressure To Renew Cyber Information-Sharing Law

    2025-05-14

    Cybersecurity Dive: A coalition of 52 U.S. organizations urged lawmakers to reauthorize a law that protects cyber threat information that businesses share with the federal government.

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    Despite AI Challenges, CEOs Say They Are Doubling Down On Investments

    2025-05-14

    CIO Dive: CEOs expect the growth rate of artificial intelligence investments to more than double during the next two years, prompting an increase in AI-related hiring and reskilling initiatives, according to a May 6 report from IBM’s Institute for Business Value.

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    EU Cybersecurity Agency ENISA Launches European Vulnerability Database

    2025-05-14

    SecurityWeek: The EU cybersecurity agency ENISA announced the official launch of the European Vulnerability Database, or EUVD. Industry professionals the EUVD can be a useful resource, but the agency needs to ensure it stays relevant. 

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    US Prosecutors Recommend 2 Years For SEC Hacker

    2025-05-12

    Cointelegraph: The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account.

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    Know Your Breach: Frederick Health

    The Target: Frederick Health Medical Group, a major healthcare provider in Maryland.

    The Take: Depending on the affected individuals, the attackers stole a combination of sensitive personal information, including patient names, addresses, dates of birth, Social Security numbers, and driver's license numbers. They also exfiltrated personal health information, such as medical record numbers, health insurance information, and/or clinical information related to patients' care.

    The Vector: The investigation determined that an unauthorized person gained access to the network and, on January 27, 2025, copied certain files from a file share server.

    This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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    $45 Million Stolen From Coinbase Users in the Last Week — ZachXBT

    2025-05-08

    Cointelegraph: Onchain sleuth and security analyst ZachXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone.

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    CrowdStrike Says It Will Lay Off 500 Workers

    2025-05-07

    TechCrunch: Cybersecurity giant CrowdStrike said that it would lay off 5% of its global workforce, which amounts to about 500 workers. 

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    Spyware Maker NSO Ordered to Pay $167 Million Over WhatsApp Hack

    2025-05-07

    SecurityWeek: The lawsuit against NSO was filed in 2019, after it came to light that a zero-day vulnerability had been exploited to deliver NSO-made spyware to roughly 1,400 WhatsApp users.

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