.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
Cointelegraph: Four North Korean nationals were charged in the state of Georgia with wire fraud and money laundering after posing as remote IT workers at US and Serbian blockchain companies and stealing almost $1 million in crypto, prosecutors said.
Dark Reading: The ransomware scourge has forced cyber insurers to re-examine how they use security assessments. While the threat has been around for years, it's only fairly recently that cybercriminals realized how profitable ransomware attacks could be.
GlobeNewswire: The global cybersecurity market was valued at US$ 233.4 billion in 2024 and is expected to reach US$ 723.8 billion by 2033, growing at a CAGR of 13.40% during the forecast period.
European Pensions: The Danish insurance and pension industries have outlined eight concrete proposals to strengthen cybersecurity, given the country's particular vulnerabilities in this area, according to Insurance and Pension Denmark (I&P Denmark).
The Target: McLaren is a nonprofit health system in the U.S. with $6.6 billion in annual revenue, operating a network that spans 14 Michigan hospitals (2,624 beds).
The Take: The McLaren data breach notification sample submitted to U.S. authorities confirms that full names were exposed, redacting other data types that were exposed. Therefore, the full extent of the data breach remains unclear.
The Vector: In the notice sent to impacted individuals, McLaren Health Care admits that the incident concerned a ransomware attack, though the INC ransomware gang, believed to be responsible for the attack, is still not mentioned.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
Tech Monitor: More than half of cybersecurity professionals globally, at 57.6%, have been pressured to keep security breaches undisclosed, according to a survey by Bitdefender.
Cybersecurity Dive: The consolidated class action highlights a growing concern for business leaders: the steady escalation of cybersecurity threats and data breach costs.
Forbes: AI is everywhere. It’s driving productivity, accelerating workflows and powering SaaS for every department. But while AI tools are making life easier for teams, they are also creating new opportunities for cybersecurity attacks.
Investing.com: Cycurion, Inc., a cybersecurity firm with trailing twelve-month revenue of $17.4 million and current market capitalization of $12.5 million, has secured several new contracts totaling over $8 million with government and commercial clients, the company announced.
Cybersecurity Dive: Last year’s decrease in the premiums generated from cyber insurance represents the first such decline since the National Association of Insurance Commissioners began collecting data in 2015, according to AM Best’s report.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy