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    Industry News: ESG5

      AI Advances Risk Facilitating Cyber Crime, Top US Officials Say

      2024-01-09

      Yahoo News: Advances in artificial intelligence may facilitate hacking, scamming and money laundering by reducing the technical know-how required to carry out such crimes, top U.S. law enforcement and intelligence officials said 

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      AI Set To Drive VCs To Cybersecurity Investments

      2024-01-08

      Mint: Venture capital investors are scaling their cyber security investments on the back of advancements in artificial intelligence (AI) and rising instances of data security breaches.  

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      SentinelOne Acquires Peak XV-Backed PingSafe For Over $100 Million

      2024-01-08

      TechCrunch: SentinelOne’s deal to acquire PingSafe values the Peak XV-backed young startup at over $100 million, two sources familiar with the matter told TechCrunch, in one of the strongest and fastest exits emerging from India.

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      How SEC Action Could Shake Up Cybersecurity

      2024-01-08

      Forbes: Remember when the cyberattack on SolarWinds broke through the coverage of Covid-19 and dominated headlines? That was around three years ago, and the story lingered for a while as a kind of cautionary tale.

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      Know Your Breach: Orrick, Herrington & Sutcliffe

      The Target: Orrick, Herrington & Sutcliffe, a popular San Francisco-based international law firm.

      The Take: The stolen data encompassed a vast array of information, including names, dates of birth, addresses, email addresses, and government-issued identification numbers like Social Security, passport, driver’s license, and tax identification numbers.

      The Vector: The intrusion into Orrick’s network compromised a file share, revealing personal information and sensitive health data of victims.

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

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      NZ Firm Pushes for ‘Complete Ban’ on Paying Cyber Ransoms

      2024-01-04

      The Post: A New Zealand cyber-security firm that has the ear of many media organisations around the world has called for a complete ban on paying off ransomware attackers, arguing it is the only way to get on top of the crime.

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      Atos Shares Drop After Airbus Deal Talks Disappoint Investors

      2024-01-03

      Yahoo Finance: Atos SE shares fell after the company’s announcement that it was in early talks to sell its big data and cybersecurity business to Airbus SE for as much as €1.8 billion ($2 billion) disappointed investors.

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      OpenAI Moves to Shrink Regulatory Risk in EU Around Data Privacy

      2024-01-02

      TechCrunch: While most of Europe was still knuckle deep in the holiday chocolate selection box late last month, ChatGPT maker OpenAI was busy firing out an email with details of an incoming update to its terms that looks intended to shrink its regulatory risk in the European Union.

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      Google Cloud Report Spotlights 2024 Cybersecurity Challenges

      2024-01-02

      Security Boulevard: As the New Year dawns, a cybersecurity report from Google Cloud suggests that while there are many challenges ahead, it will also become simpler for cybersecurity teams to leverage artificial intelligence (AI) to better defend IT environments.

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      Early-Stage Hard Tech Firm Countdown Capital Shutting Down

      2024-01-02

      TechCrunch: Countdown Capital, an early-stage venture capital firm focused on hard tech industrial startups, will shut down by the end of March and return uninvested capital, firm founder and solo general partner Jai Malik said in an annual letter.

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