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Risk and Insurance: As cyberattacks grow in frequency and complexity, private equity (PE) firms are elevating cybersecurity from a back-office IT concern to a strategic priority.
MSN/Reuters: Zscaler forecast annual revenue above Wall Street estimates, betting on robust demand for its cybersecurity services as businesses upscale infrastructure to accommodate AI, sending its shares up 3% in extended trading.
Forbes: July 2025 continued to demonstrate Silicon Valley’s resilience and sharpened investment focus. Public markets posted mixed results: The Nasdaq gained 3.40% and the S&P 500 rose 2.19%, while the Dow Jones slipped 0.68%.
Bleeping Computer: Hackers tried to steal $130 million from Evertec’s Brazilian subsidiary Sinqia S.A.after gaining unauthorized access to its environment on the central bank’s real-time payment system (Pix).
The Target: Farmers Insurance is a U.S.-based insurer that provides auto, home, life, and business insurance products. It operates through a network of agents and subsidiaries, serving more than 10 million households nationwide.
The Take: The company says that its investigation determined that customers' names, addresses, dates of birth, driver's license numbers, and/or last four digits of Social Security numbers were stolen during the breach.
The Vector: On May 30, 2025, one of Farmers' third-party vendors alerted Farmers to suspicious activity involving an unauthorized actor accessing one of the vendor's databases containing Farmers customer information.
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.
TechDay: A new report has found that almost three-quarters of organisations globally have already incorporated artificial intelligence (AI) into their cybersecurity defences.
CFO Dive: The escalating risks underscore the need for increased coordination between cybersecurity and finance teams, according to the study.
PYMNTS: When the British retailer Marks & Spencer (M&S) disclosed last year that a supplier breach had unleashed a ransomware attack, it was the kind of nightmare scenario every corporate board dreads.
Yahoo News/Reuters: Anthropic said it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters.
Yahoo Finance/Reuters: Cybersecurity company Okta raised annual revenue and profit forecasts, betting on growing demand for its identity verification tools as enterprises strengthen defenses against artificial intelligence-powered attacks.
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