.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
TechCrunch: Finastra, a London-based financial software company that serves most of the world’s top banks, has confirmed it’s investigating a data breach after a hacker claimed a compromise of the company’s internal file-transfer platform.
Business Wire: Twine, a US and Israeli-based cybersecurity company, announced $12M in seed funding co-led by Ten Eleven Ventures and Dell Technologies Capital, with participation from angel investors including the founders of Wiz.
SecurityWeek: The US government’s cybersecurity agency CISA on Tuesday confirmed that director Jen Easterly and deputy Nitin Natarajan will depart on January 20, clearing the way for a leadership overhaul by the incoming administration.
CFO Dive: The SEC this year blunted requirements of a rule focused on climate risk disclosure before putting the regulation on hold in the face of legal challenges. Companies would be required to disclose the impact of climate change on their finances, operations and business strategy.
The Target: Retail giant Hot Topic, which has more than 640 stores across the U.S.
The Take: The stolen data includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth. Partial credit card data was also included in the breach, including credit card type, expiry dates, and the last four digits of the card number.
The Vector: The breach occurred on October 19 and was claimed by a threat actor operating under the alias “Satanic” on October 21. In a post on the cybercrime forum BreachForums, Satanic claimed to have stolen 350 million user records from Hot Topic and its affiliated brands, Box Lunch and Torrid.
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.
TechCrunch: More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a stake in the business and became its largest shareholder in 2021, is acquiring Cybersixgill for $115 million.
Dark Reading: The increase in cyber operations, disruptive attacks, and hacktivism in the Middle East has led the region's largest nations to pursue more sophisticated cybersecurity laws and frameworks over the past decade, leading to a dynamic regulatory landscape that companies need to navigate moving forward, according to regional experts.
Yahoo News: An Alberta Crown corporation says it recently experienced "network issues" after it was the target of a cyberattack. Dwayne Brunner, a spokesman for Alberta Innovates, wouldn't confirm when the issues began, but said an investigation is underway and all network problems have been resolved.
TechCrunch: Many feared that the 2024 election would be affected, and perhaps decided, by AI-generated disinformation. While there was some to be found, it was far less than anticipated. But don’t let that fool you: The disinfo threat is real — you’re just not the target.
PR Newswire: Jones Walker LLP today announced the release of its 2024 Community and Mid-Size Banks Cybersecurity Survey, the fourth in the law firm's series of industry-focused, biannual cybersecurity studies.
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