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Industry News: ESG5

    Kaspersky Extends Cooperation with INTERPOL in Joint Fight Against Cybercrime

    2019-07-03

    Business Wire: This cooperation strengthens the existing relationship between the two organizations, ensuring information and technology sharing can support INTERPOL in cybercrime-related investigations. Within the new agreement, Kaspersky will share information about its cyberthreat research and provide the necessary tools to assist with full digital forensics, aimed at strengthening efforts on the prevention of cyberattacks.

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    NZ’s $8 Million Cyber Security Funding Boost

    2019-07-03

    Insurance Business Magazine: It has allocated $8 million over the next four years to help implement its efforts - this is on top of $9.3 million increased funding for CERT NZ.

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    India, Japan to Collaborate on Outer Space and Cyber Security Projects

    2019-07-02

    The Economic Times: India and Japan have decided to collaborate in the areas of cybersecurity and outer space as part of their growing security partnership in the Indo-Pacific region, a development that comes in the backdrop of increasing violation of social media platforms by extremists and India’s successful Anti-Satellite Weapons (ASAT) test. 

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    Sweden’s Protective Security Act Targets Cyber Risks

    2019-07-02

    Computer Weekly: The goals and regulations set out in the legislation represent the end-product of several years of close consultation by the Swedish government with the IT industry and digital players. This collaboration focused on preparedness and drawing up legislation that would add an effective weapon to Sweden’s cyber threat defence arsenal.

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    Report: HSBC in Talks to Launch New AI System to Identify Financial Crime

    2019-07-01

    S&P Global: One of the sources noted the algorithm of the system would look at a banking customer and compare its financial behavior with other similar customers and make a probability if there is anything suspicious. The talks are understood to be a "multiyear conversation," according to the sources.

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    Florida City Fires IT Employee After Paying Ransom Demand Last Week

    2019-07-01

    ZDNet: Officials from Lake City, Florida, have fired an IT employee last week after the city was forced to approve a gigantic ransomware payment of nearly $500,000 last Monday.

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    Know Your Breach: Attunity

    The target: Attunity, a company that manages and safeguards data.

    The take: Passwords and network information about Attunity as well as emails and technology designs from some of its high-profile customers.

    The attack vector: Attunity's cloud storage was improperly configured so the sensitive data was publicly visible in plain text. More than a terabyte of data was left unsecured on Amazon Web Services cloud-computer servers.

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    Gone Phishing: Israeli Brothers Suspected of Stealing $100M in Bitcoins

    2019-06-28

    Israel Hayom: Two Israeli brothers, Eli and Asaf Gigi broke into Bitfinex, one of the world's largest cryptocurrency exchanges, and stole $100 million from virtual accounts holding bitcoins, the financial daily Globes reported this week. The brothers were arrested by the Israel Police cyber unit on suspicion of committing phishing fraud on an international scale...

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    Cyber Criminals Hacked into Sackler Heir’s Emails and Took £1m from Bank

    2019-06-27

    Standard: A member of the philanthropic Sackler dynasty fell victim to cyber criminals who hacked into his email account in an attempt to steal more than £3 million. Michael Daniel Sackler, a film producer, was targeted in January 2015 when fraudsters took control of his emails and made a string of bogus payment requests to his bank.The thieves mocked-up false invoices with their own bank details, making three transfers totalling £1.3 million out of Mr Sackler’s account...

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    Police Arrest 6 in $28 Million Cryptocurrency Fraud Probe

    2019-06-26

    Bank Info Security: Six suspects have been arrested as part of an international police investigation tracing the theft of at least $28 million worth of bitcoin cryptocurrency. Police allege that the fraudsters created look-alike sites for the Blockchain.com cryptocurrency exchange - and perhaps others - and tricked users into visiting them by making fraudulent Google Adwords buys that led Google search users to the spoofed sites...

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