.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
Coindesk: The world of blockchain, unsurprisingly, is not exactly Joe Biden’s bailiwick. But don’t let his age fool you. He’s not blind to tech, data privacy or the thorny issues of digital misinformation. For instance, he recently called for the revoking of Section 230 (which protects companies like Facebook from liability for material published on its networks), saying Facebook “is not merely an internet company. It is propagating falsehoods they know to be false.”
Hedgeweek: DrawbridgeConnect allows customers to aggregate cybersecurity program data to drive analysis and determine program strength, remediation, and create and manage a resilient program to fulfil evolving regulatory and investor demands.
Cryptopolitan: As per the report, hackers have stolen at least 9.8 billion dollars in crypto from investors and holders. KPMG, one of the big four accounting firms, stated that it was essential for the crypto industry to improve security before it can truly grow.
Institutional Investor: Hackers this week took over the email account of Michael Rosen, chief investment officer of consulting and asset management firm Angeles Investment Advisors.
The target: Buchbinder, a German car rental company
The take: Personally Identifiable Information of 3.1 million customers including: names, emails, phone numbers, addresses, dates of birth, license numbers, bank details and payment info. In total, over 5 million files were exposed, with some of them being passwords belonging to employees which were stored in plain text.
The attack vector: An unsecured backup database which was completely unprotected by any credentials and was freely accessibly to anyone with an internet connection. The database was discovered as part of routine scanning for unprotected databases.
This type of data is a prime target for threat actors seeking to carry out targeted phishing campaigns and BEC (business email compromise) attacks. Failure to implement robust practices can leave firms open to violations of data protection standards, and highlights the fact that protecting user data is the same as protecting the firm.
Silicon: The cyber force of hackers is due to be launched later in the spring, after many months of delays and turf wars between the Ministry of Defence and GCHQ, the Guardian newspaper reported.
The Wall Street Journal: Email scams—often riddled with typos and written by non-native English speakers in Africa—were once crude attempts to steal money from inexperienced computer users. No more.
**Source may require registration/subscription
City Wire: Former Federal Bureau of Investigation (FBI) special agent Scott Augenbaum offered his top tips for how wealth managers can protect their clients and their portfolios from hackers.
City Wire: In a commentary piece, de Blonay, who runs the Jupiter JGF Financial Innovation fund, said the cyber security software market is estimated by industry experts to grow 8.6% per year to around $82bn by 2024.
ZDNet: Hacking is growing, but in some cases, that's no bad thing. That's the main take-away from the annual report on the state of ethical hacking published by bug bounty platform HackerOne. As of 2020, the organization can boast a base of 600,000 white hat hackers; a community twice as big as the previous year, which altogether cashed in a record $40 million in bounties in the past 12 months.
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