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    Industry News: ESG5

      Palo Alto Networks and Deloitte Expand Partnership for AI Cybersecurity

      2024-10-01

      Yahoo Finance: Palo Alto Networks and Deloitte announced an expansion of their strategic alliance into the EMEA and JAPAC regions, making Palo Alto Networks AI-powered cybersecurity solutions and joint offerings available to Deloitte clients globally.

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      Cyber Resilience Becoming Extremely Difficult Amid Gen AI Upgrades

      2024-09-30

      CSO Online: With rapid advancements in Artificial Intelligence (AI) pushing boundaries and the regulatory environment in constant flux, achieving cyber resilience is becoming more difficult for enterprises.

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      Know Your Breach: AutoCanada

      The Target: Car dealership company AutoCanada, which has 66 dealerships.

      The Take: The data that has been exposed includes full names, addresses, dates of birth, payroll information, including salaries and bonuses, social insurance numbers, bank account numbers used for direct deposits, scans of government-issued identification documents, and any personal documents stored on a work computer or drives tied to a work computer.

      The Vector: The threat actors published terabytes of data allegedly stolen from AutoCanada, including databases, NAS storage images, executives' information, financial documents, and HR data.

      This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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      Torq, Which Automates Cybersecurity Workflows, Raises $70 Million in New Capital

      2024-09-24

      TechCrunch: As the volume of cyberattacks grows, there’s increasing interest from the corporate sector in tech to help automate responses to breaches. Per a 2023 survey from analytics firm Devo, 80% of security leaders expected expanded investments in security automation technology this year; most cited the tech’s potential to support cyber-threat mitigation.

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      CrowdStrike Apologizes for Global IT Outage in Congressional Testimony

      2024-09-24

      The Guardian:CrowdStrike senior executive apologized for causing a global software outage that ground the operations of hospitals, airports, payment systems and personal computers around the world to a halt in July.

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      Wiz In Talks to Sell Shares at Valuation as High as $20 Billion

      2024-09-24

      BNN Bloomberg: Cybersecurity startup Wiz Inc. is in discussions to sell existing shares at a valuation as high as $20 billion, according to people with knowledge of the matter.

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      Cybersecurity Insurance Market Growing with Significant CAGR 16.4% Over the Forecast Period 2024-2032

      2024-09-24

      Yahoo Finance: One of the main drivers contributing to the growth of the cybersecurity insurance market is the increasing number of cyberattacks, which escalate in frequency and become more sophisticated.

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      MoneyGram Goes Offline After Vague Cyber Woes

      2024-09-24

      Dark Reading: MoneyGram's systems and payment services are down due to a "cybersecurity issue," with no clear timeline as to when it will be back up and running once more. The money-wiring service's in-person and online payment systems have been down since Friday, Sept. 20. 

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      Cybersecurity Success Hinges On Full Organizational Support, New CompTIA Report Asserts

      2024-09-24

      PR Newswire: Cybersecurity is the top technology priority for the vast majority of organizations, but moving from aspiration to reality requires a top-to-bottom commitment that many companies have yet to make, according to new research released today by CompTIA, the nonprofit association for the technology industry and workforce.

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      UK, US, and Canada Join Forces on Cybersecurity and AI Research

      2024-09-23

      Tech Monitor: The UK, the US, and Canada are set to collaborate on research, development, testing, and evaluation of technologies related to artificial intelligence (AI), cybersecurity, resilient systems, and information domain-related innovations.

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