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CSO Online: Donald Trump's sprawling tax bill, which he signed on July 4, contained a few noteworthy cyber funding items, including $250 million for US Cyber Command to spend on “artificial intelligence lines of effort.”
Investing.com: HgCapital Trust plc announced it will invest approximately £48 million in A-LIGN, a provider of cyber compliance services, as part of a larger acquisition by Hg.
Private Equity Wire: Cyber security consulting firm S-RM’s latest study, based on a survey of 100 PE professionals across the UK, Europe, and the US, reveals that 72% of respondents have experienced a serious cyber incident across their portfolios in the past three years – highlighting cyber attacks as systemic risks that span entire investment ecosystems.
Cybersecurity Dive: The Securities and Exchange Commission has reached a settlement with SolarWinds and the company’s chief information security officer, Timothy Brown, to resolve charges stemming from the Russian-backed cyberattack on the company’s systems.
Bleeping Computer: Hackers stole nearly $140 million from six banks in Brazil by using an employee's credentials from C&M, a company that offers financial connectivity solutions.
Dark Reading: Ingram Micro, one of the world's largest IT distributors, has confirmed it suffered a ransomware attack that sparked a worldwide outage of its services.
The Target: Kelly Benefits is a provider of benefits consulting, enrollment technology, payroll administration, HRIS, compliance support, and carrier management.
The Take: The data breach notice sent to impacted individuals informs recipients of the specific data types impacted by the breach, which vary per person. However, the general notice published on the site says that the compromised info may contain full names, Social Security number, tax ID number, date of birth, medical information, health insurance information, and financial account information.
The Vector: The Maryland-based health and life insurance agency has issued an update on a security incident it suffered last year between December 12-17, when unauthorized actors breached its IT systems and stole files. On April 9, 2025, the company stated that the incident impacted 32,234 individuals. The figure was revised multiple times until the final tally shared with authorities in the U.S. counted 553,660 individuals.
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.
Cybersecurity Dive: As commercial spyware proliferates and hackers linked to U.S. adversaries step up their attempts to breach high-profile American targets, one U.S. senator says the FBI isn’t doing enough to help lawmakers protect themselves.
TechCrunch: Max Financial Services said its insurance subsidiary Axis Max Life Insurance received communication from an anonymous sender about unauthorized access to its customer data.
CIO Dive: CIOs are under pressure to move AI projects along faster and demonstrate the corresponding value, but a need for speed doesn’t always translate to sustainable momentum.
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