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PYMNTS: Coinbase reportedly knew in January about a data breach at an outsourcing company that it publicly disclosed May 14 in a filing with the Securities and Exchange Commission (SEC).
Dark Reading: Australia implemented new ransomware payment disclosure rules at the end of May, which will apply to all organizations with an annual turnover of AUS$3 million ($1.93 million).
The Target: Camden, New Jersey-based Cooper Health System
The Take: The potentially affected information included individuals’ names, dates of birth, Social Security numbers, health insurance information, treatment information, medical record numbers and medical history information.
The Vector: During the investigation, Cooper discovered that certain data stored in its systems was potentially acquired without authorization.
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.
Yahoo Finance: Cybersecurity firm Netskope has hired Morgan Stanley to lead preparations for a U.S. initial public offering that could raise more than $500 million, according to people familiar with the matter.
Cybersecurity Dive: Zscaler said it had agreed to buy Red Canary, a leading provider of managed detection and response technology. Zscaler, a top cloud security vendor, said the agreement will help it disrupt competitors’ legacy security operations.
Business Wire: UK mid-market private equity investment firm Limerston Capital announces the acquisition of CyberCrowd, a UK-based cyber security services specialist.
PYMNTS: The tech sector thrives on rapid innovation, agile partnerships and application programming interface (API)-driven interconnectivity; an ethos that has evolved across other industries.
Investing.com: In a move to enhance its cybersecurity offerings, Check Point Software Technologies Ltd. has announced the acquisition of Veriti Cybersecurity, a company specializing in automated threat exposure and mitigation.
Yahoo Finance: UK fintech is set for another shot of momentum after a series of cyber attacks on top retailers exposed a need for greater security expansion.
Cointelegraph: American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements.
