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Industry News: ESG5

    Instagram Ads Mimicking BMO, EQ Bank Are Finance Scams

    2025-06-17

    Bleeping Computer: Instagram ads impersonating financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) are being used to target Canadian consumers with phishing scams and investment fraud.

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    Tikehau Capital Leads $161 Million Push Into European defence through private equity fund

    2025-06-17

    Private Equity Insights: The fund – named Tikehau Défense et Sécurité – marks a first in the French market as a non-listed vehicle eligible for unit-linked life insurance and retirement savings products.

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    Citing Strategic Shift, SEC Withdraws 14 Biden-Era Proposals

    2025-06-16

    Plan Adviser: The Securities and Exchange Commission has withdrawn 14 proposed rules and amendments issued between March 2022 and November 2023, under former President Joe Biden, continuing the agency’s regulatory shift under leadership appointed by President Donald Trump. 

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    Google’s $32 Billion Wiz Deal Draws DOJ Antitrust Scrutiny: Report

    2025-06-16

    SecurityWeek: The probe, still in its early stages, will assess whether the deal would harm competition in the cybersecurity market. The publication noted that these reviews can stretch for months and may include interviews with customers, rivals, and the merging companies.

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    Hackers Switch to Targeting U.S. Insurance Companies

    2025-06-16

    Bleeping Computer: Threat intelligence researchers are warning of hackers breaching multiple U.S. companies in the insurance industry using all the tactics observed with Scattered Spider activity.

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    ‘We’re Being Attacked All The Time’: How UK Banks Stop Hackers

    2025-06-15

    The Guardian: It is every bank boss’s worst nightmare: a panicked phone call informs them a cyber-attack has crippled the IT system, rapidly unleashing chaos across the entire UK financial industry.

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    Know Your Breach: Sensata

    The Target: Sensata is a global industrial tech firm specializing in missioncritical sensors, controls, and electrical protection systems. It serves the automotive, aerospace, and defense industries, among others, and has an annual revenue of over $4 billion.

    The Take: The company is now notifying an undisclosed number of impacted individuals that the following data was stolen: Full name, address, Social Security Number (SSN), driver's license number, state ID card number, passport number, financial account information, payment card information, medical information, health insurance information, date of birth.

    The Vector: Subsequent investigations into the incident supported by an external expert showed that the ransomware actors breached Sensata's network on March 28, 2025.

    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.

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    Smaller Organizations Nearing Cybersecurity Breaking Point

    2025-06-12

    CSO Online: Experts quizzed by CSO said that the rapid adoption of emerging technologies — which comes with the downside of fresh vulnerabilities that cybercriminals can exploit — together with a widening skills gap is contributing to a deteriorating security outlook for small and midsize businesses (SMBs).

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    Global Law-Enforcement Operation Targets Infostealer Malware

    2025-06-11

    Cybersecurity Dive: An international law enforcement operation has dismantled the computer infrastructure powering multiple strains of information-stealer malware.

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    From Malware to Deepfakes, Generative AI is Transforming Attacks

    2025-06-10

    Cybersecurity Dive: Artificial intelligence is turbocharging hackers’ operations, from writing malware to preparing phishing messages. But generative AI’s much-touted impact has its limits, a cybersecurity expert said at an industry conference.

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