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Industry News: ESG5

    With Cloud Service Attacks on the Rise, Only 48% of Enterprise Security Leaders Say Their Threat Defenses Are Effective

    2023-07-13

    Business Wire: In the 2023 Cybersecurity Perspectives Survey from Scale Venture Partners, it is reported that security incidents, especially those involving cloud services, are escalating.

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    8 VCs Explain Why There’s Good Reason To Be Optimistic About Cybersecurity

    2023-07-12

    TechCrunch: It wasn't long ago when it seemed like the tide was beginning to turn on ransomware. But 2023 has shown us that’s not the case: We’re only halfway through the year, yet hackers are already claiming more victims than ever before, reaffirming the importance of cybersecurity for every business.

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    Cyber Leak? Cybersecurity Funding Falls 63% In Q2

    2023-07-11

    Crunchbase: In 2021, venture funding in the red-hot cybersecurity market topped $23 billion. Two years later, it seems like a security startup will be lucky to raise just one-third of that.

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    Cybersecurity Professional Accused of Stealing $9M in Crypto

    2023-07-11

    Yahoo News: The U.S. government accused a cybersecurity professional of hacking a cryptocurrency exchange and stealing around $9 million in cryptocurrency, in what looks like a case of an ethical hacker turning rogue, then trying to appear ethical again.

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    TPG to Acquire Forcepoint’s Government Cybersecurity Business Unit

    2023-07-10

    SecurityWeek: The Global Governments and Critical Infrastructure (G2CI) business, created in 2018 to serve as Forcepoint’s government cybersecurity unit, will be spun out as an independent entity pushing the company’s data-first SASE offering with new capabilities and third-party integrations.

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    5 Ways to Prepare a New Cybersecurity Team For a Crisis

    2023-07-10

    CSO: Responding to a security crisis can be a challenge for most cybersecurity teams. It can be doubly so for a team with relatively new and inexperienced security professionals.

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    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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