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    Industry News: ESG5

      US Federal Agencies Told to Patch Hundreds of Security Bugs

      2021-11-03

      Tech Crunch: The Biden administration has ordered nearly all federal agencies to patch hundreds of security bugs, some that were first found the best part of a decade ago.

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      Labour Party Members' Data Hit By Cyber Incident

      2021-11-03

      BBC: Labour has yet to reveal who the third party is, the scale of the incident or what type of data was affected.

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      Cyber Command Head Says US Has Carried Out A 'Surge' to Address Ransomware Attacks

      2021-11-03

      CNN: US Cyber Command head and director of the National Security Agency Gen. Paul Nakasone said Wednesday that the US had "conducted a surge" over the past three months to address the problem of ransomware attacks on US interests.

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      How Hackers Are Targeting Cryptocurrency

      2021-11-02

      Dark Reading: As the cryptocurrency and digital asset markets mature, so have hackers' approaches to compromising exchanges, asset owners, and other parts of the crypto-financial ecosystem. Whereas cryptocurrencies' role in attacks used to simply be ransomware payments, the market has changed.

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      SEC Commissioner Wants Cyber Rules for Advisors, BDs

      2021-11-01

      Think Advisor: SEC Commissioner Elad Roisman, a Republican, wants the agency to write a rule clarifying when advisors and broker-dealers must inform investors and the commission about a cybersecurity breach.

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      Know Your Breach: University of Colorado Boulder

      The target: CU Boulder, a U.S based University.

      The take: Exposure of support and procedural documents, configuration files, and personally identifiable information of 30,000 students including: names, student IDs, addresses, dates of birth, phone number, and gender.

      The attack vector: The breach occurred to a known configuration vulnerability in a third-party software that the University employs. While a patch was released by the third party some months prior, it had not been implemented and this let an attacker gain access to the data. 

      This data leak highlights the importance of patching and testing software in a timely manner. Complying with industry standard practices of software management is essential to ensure every point of access to data is secure, up-to-date, and protected against known gaps in third-party applications.

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      Microsoft Announces Plan to Cut Cybersecurity Workforce Shortage In Half by 2025

      2021-10-28

      CNBC: Microsoft will partner with community colleges across the U.S. and provide free resources in an attempt to help end a shortage of cybersecurity workers, the company announced.

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      Cybersecurity Firm Dragos Worth $2 Billion in New Funding Round

      2021-10-28

      BNN Bloomberg: Cybersecurity startup Dragos Inc. has raised a $200 million funding round co-led by a BlackRock Inc. fund and Koch Industries Inc., an investment that gives the cybersecurity startup a $2 billion valuation.

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      Quebec Tables Bill to Create Cybersecurity Ministry As Government Plans for Digital IDs

      2021-10-28

      CTV: Quebec tabled a bill Thursday to create a new cybersecurity ministry that, if passed, would be the first of its kind in North America, officials say.

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      FINRA Sees Overlapping Risks in AML, Cybersecurity

      2021-10-27

      Traders Magazine: In its latest podcast, “Encore | Overlapping Risks: Anti-Money Laundering and Cybersecurity”, the first of a two-part series, FINRA was looking at the intersection of a firm’s AML and cybersecurity risks.

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