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Industry News: ESG5

    Rapid7 Launches Automated Patching Solution for Cybersecurity

    2025-07-22

    Investing.com: Rapid7, Inc., a cybersecurity company generating $849 million in annual revenue with healthy gross margins of 71%, announced the release of Active Patching, a new automated patching and remediation solution integrated into its Exposure Command platform. 

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    Darktrace Acquires Mira Security for Network Visibility

    2025-07-22

    Dark Reading: Darktrace has acquired Mira Security, a startup that provides network traffic visibility solutions. Financial terms were not disclosed. The acquisition will strengthen Darktrace's network security portfolio through improved insights into encrypted network traffic, the company said.

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    Republicans Propose 7% Leaner SEC Budget Compared to Biden’s Era

    2025-07-22

    Cointelegraph: US House Republicans are seeking to cut the Securities and Exchange Commission’s 2026 budget by 7%, while axing funds for enforcing a Biden-era rule that requires public companies to disclose cyber incidents.

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    ASIC Sues Fortnum Over Alleged Cyber Failures

    2025-07-22

    Financial Newswire: The Australian Securities and Investments Commission (ASIC) has initiated legal action over Fortnum Private Wealth alleging it failed to properly manage and mitigate cyber security risks. 

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    Microsoft Hit With SharePoint Attack Affecting Global Businesses and Governments

    2025-07-21

    CNBC: Microsoft has warned of “active attacks” targeting its SharePoint collaboration software, with security researchers noting that organizations worldwide stand to be affected by the breach.

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    Is AI Here to Take or Redefine Your Cybersecurity Role?

    2025-07-21

    CSO Online: That headline ran atop a CSO story published in 2016. Nine years later, the prediction feels closer to coming true — with questions around jobs being replaced or redefined and whether cybersecurity pros should be worried taking on greater nuance, and still hanging in the balance.

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    Know Your Breach: Slim CD

    The Target: Slim CD is a provider of payment processing solutions that enables businesses to access electronic and card payments via web-based terminals, mobile, or desktop apps.

    The Take: The types of data that may have been accessed by the unauthorized party include: full name, physical address, credit card number and payment card expiration date.

    The Vector: The firm first detected suspicious activity on its systems this year on June 15. During the investigation, the company discovered that hackers had gained access to its network since August 17, 2023.

    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.

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    London-Listed NCC Weighs Sale of Cybersecurity Arm

    2025-07-16

    Sky News: Sky News has learnt that NCC has engaged bankers at Rothschild to examine options for its cybersecurity arm, with a sale among the possible options being considered.

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    Securing the Budget: Demonstrating Cybersecurity's Return

    2025-07-16

    Dark Reading: Last year, breaches resulting from exploited vulnerabilities increased 180%, while the average cost of a data breach the US topped nearly $5 million

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    Cybersecurity Funding Surged Higher In Q2

    2025-07-16

    Crunchbase: Cybersecurity was a hot area for venture investment in the first half of 2025, with total funding to the space hitting its highest level in three years.

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