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Industry News: ESG5

    AdvIntel & KPMG LLP Announce Alliance Around Cyber Threat Detection and Ransomware Response

    2021-09-30

    Cision: AdvIntel, a leading cybersecurity threat prevention and loss avoidance company with a unique and unparalleled ability to detect and disrupt ransomware and KPMG LLP, the global audit, tax and advisory firm, today announced an alliance around AdvIntel's "Andariel" Threat Prevention & Loss Avoidance Platform.

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    NSA, CISA Partner for Guide On Safe VPNs Amid Widespread Exploitation By Nation-states

    2021-09-30

    ZDNet: The NSA and CISA have released a detailed guide on how people and organizations should choose virtual private networks (VPN) as both nation-states and cybercriminals ramp up their exploitation of the tools amid a global shift to remote work and schooling.

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    Russia Arrests Leading Cybersecurity Exec On Treason Charges

    2021-09-29

    ABC News: Russian authorities have arrested an executive of a top cybersecurity company on the charges of high treason, a move that has sent shock waves through Russia's business community.

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    States at Disadvantage In Race to Recruit Cybersecurity Pros

    2021-09-28

    Canadian Security: Austin Moody wanted to apply his cybersecurity skills in his home state of Michigan, teaming up with investigators for the State Police to analyze evidence and track down criminals.

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    Google, AWS, IBM, Microsoft and Morgan Stanley Partner for a New Cloud Data Framework

    2021-09-28

    ZDNet: Amazon Web ServicesGoogleIBMMicrosoft and other major tech giants have joined forces with the EDM Council -- a cross-industry trade association for data management and analytics -- to create the Cloud Data Management Capabilities (CDMC) framework.

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    CSC Finds Majority of World's Largest Companies Susceptible to Phishing and Brand Abuse Due to Improper Domain Security

    2021-09-28

    Financial Post: CSC, a world leader in business, legal, tax, and domain security, released its annual Domain Security Report: Forbes Global 2000 Companies, which found that despite the shift to modernize business environments and operations among the Global 2000 companies, web domains remain dangerously under protected.

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    VCs Continue to Flock to Cyber Insurance As Coalition’s Valuation Doubles In 6 Months

    2021-09-28

    Crunchbase News: San Francisco-based Coalition just closed a $205 million Series E at a $3.5 billion-plus valuation—doubling what it was when it raised its $175 million Series D just six months ago.

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    Know Your Breach: Coninsa Ramon

    The target: Coninsa Ramon, a Colombian based architecture, engineering, construction, and real estate firm.

    The take: 5.5 million files of 100,000 customers of their personally identifiable information including: full names, addresses, email addresses, transaction data, and asset values.

    The attack vector: An unsecured Amazon S3 storage server was misconfigured, allowing anyone with an internet connection to access and download the data. In addition, malicious code was discovered that would allow attackers to maintain a persistent connection to the website, letting them redirect traffic to fraudulent pages. 

    The exposure of personal information can lead to highly targeted phishing and fraud attacks. Given how detailed the information was in this exposure, the threat of spear-phishing campaigns is high. Use of authentication protocols is an integral part of maintaining a rigorous cybersecurity posture, and it is critical to employ industry standard practices of credential management, user authentication and validation, around all storage of customer data.

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    Why Marketing Poses a Cybersecurity Threat and What to Do About It

    2021-09-23

    Forbes: Humans: we'd like to believe they're all good at the core. Unfortunately, there are a few bad apples in the bunch — or at least very opportunistic apples. When it comes to cybersecurity, the bad apples are hackers who are out to invade, profit from or damage a business. 

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    FBI, CISA, and NSA Warn of Escalating Conti Ransomware Attacks

    2021-09-22

    Bleeping Computer: CISA, the Federal Bureau of Investigation (FBI), and the National Security Agency (NSA) warned today of an increased number of Conti ransomware attacks targeting US organizations.

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