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Industry News: ESG5

    Know Your Breach: Senior Choice, Inc.

    The Target: Senior Choice, Inc., which manages and does business as three (3) residential facilities, The Atrium (216 Main Street, Johnstown, PA 15901), Beacon Ridge (1515 Wayne Ave, Indiana, PA 15701), and The Patriot (495 W Patriot St, Somerset, PA 15501).

    The Take: Personal information including names and dates of birth, medical information including diagnosis and treatment information.

    The Vector: There is evidence that unauthorized actors accessed some internal systems used for business operations during the period between April 18, 2023, and April 24, 2023.

    This breach is a stark reminder of how important authentication controls are in an overall robust cybersecurity posture, and more critically, ensuring these controls are in place on all third-party vendors which have access to a firm’s data. 

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    CISOs Find 'Business as Usual' Shows the Harsh Realities of Cyber-Risk

    2023-07-06

    Dark Reading: With the chaos of the pandemic now in the rearview mirror, we are finally back to "business as usual." The return to normal operations may imply that chief information security officers (CISOs) can now breathe easier, but the opposite is true.

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    AI, Cybersecurity Intersection Could Propel These ETFs

    2023-07-06

    ETF Trends: As disruptive technologies grow and evolve, they often converge with other innovative fields. That’s certainly happening with artificial intelligence, which is converging with the likes of cloud computing, innovative health and many more.

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    Companies Play Catch-up as Cybersecurity Attacks Rise in Digital India

    2023-05-07

    Yahoo News: A rise in cyberattacks poses a vital risk to India’s economic ambitions, with industries from manufacturing to pharmaceuticals becoming more vulnerable as they digitize operations, according to a Google subsidiary.

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    Resilience at the Core of the Current and Future Biden Administration Cybersecurity Plans

    2023-07-05

    CSO: The Biden administration's cybersecurity initiatives broadly aim to improve cybersecurity resilience, with recent regulations and other actions designed to foster a "defensible, resilient ecosystem."

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    UK Cybersecurity Officials Investigating Breach Affecting London Hospitals

    2023-07-05

    BNN Bloomberg: British cybersecurity officials are investigating an alleged cyberattack on a group of hospitals in London that has led to the disclosure of confidential documents online.

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    IK Sells Stake in Cybersecurity Specialist Pr0ph3cy to Carlyle

    2023-07-04

    Private Equity Wire: This transaction represents the first exit from the Development Capital pool within the IK SC III Fund, after a holding period of under two years. IK will be reinvesting alongside Carlyle and the management team. 

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    Cybersecurity Experts Have Become Targets For Board Seats

    2023-07-03

    CNBC: The need for strong cybersecurity programs is a vital part of doing business today, and a good reflection of that is adding security executives to boards.

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    Know Your Breach: CalPERS

    The Target: California’s Public Employees' Retirement System, the largest public pension fund in the U.S., managing more than $477 billion in assets for over 1.5 million public employees, retirees, and their families in California.

    The Take: First and last names; dates of birth; and social security numbers. It could have also included the names of former or current employers, spouse or domestic partner, and child or children.

    The Vector: The organization said that it was informed on June 6 by a third-party vendor – PBI Research Services/Berwyn Group – that data was accessed by hackers exploiting the MOVEit file transfer tool.

    This breach serves as a reminder of the risks associated with third-party vendors and highlights the need for stringent security measures and oversight when handling sensitive customer information.

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    Uncovering How AI's Dual Relationship With Cybersecurity Operates

    2023-06-28

    Forbes: The rapid growth of artificial intelligence (AI) has invented a new wave of challenges and concerns. Newer technologies such as ChatGPT, robotic surgeries, threat analytics and cybersecurity automation create relationships where protection and harm collectively operate.

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