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Industry News: ESG5

    DeepSeek Surge Hits Companies, Posing Security Risks

    2025-02-05

    Cybersecurity Dive: Employees attempting to use a company device to access Chinese tech startup DeepSeek’s wildly popular artificial intelligence app could inadvertently be exposing their organization to threats such as cyberespionage, experts warned.

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    Why Cybersecurity Needs Probability — Not Predictions

    2025-02-05

    Dark Reading: Many cybersecurity leaders kick off each new year with predictions for the year to come. You may have seen a deluge of them over the last month or so: "Cyberattacks will continue to be a problem." "This certain country will ban ransom payments." 

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    Cybersecurity is Top Priority for Investors as Digital Threats Escalate, Says Gen II

    2025-02-05

    Private Equity Wire: The report indicates that 27% of investors now prioritise cybersecurity in operational due diligence conversations, reflecting heightened awareness of digital threats in the private capital industry.

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    Ransomware Payments Fell 35% in 2024

    2025-02-05

    Cybersecurity Dive: Cryptocurrency ransomware payments fell from a record $1.25 billion in 2023 to nearly $814 million in 2024, a report released by Chainalysis showed.

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    Thoma Bravo's SailPoint Eyes up to $11.5 Billion Valuation in US IPO

    2025-02-05

    MSN/Reuters: SailPoint said it was targeting a valuation of up to $11.5 billion in its New York flotation, as the cybersecurity firm looks to go public again in the United States after more than two years.

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    How To Address The Complexity Of Network Security

    2025-02-04

    Forbes: It stands to reason that as organizations grow, their footprint becomes more distributed. While this enables them to remain closer to their customers and other stakeholders, it also means their network environments become more complex.

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    Know Your Breach: PayPal

    The Target: Digital payments giant PayPal

    The Take: Hackers had access to names, addresses, Social Security numbers, individual tax identification numbers and dates of birth.

    The Vector: The threat actors behind the PayPal breach used a tactic called credential stuffing, where attackers use stolen username/password combinations from one data breach to attempt to log into other websites and services.

    This breach is critical reminder that zero-day exploits do happen, and furthermore that patching software in a timely, effective manner is a key component of ensuring customer data is protected. Ensuring third-party vendors are deploying patches and fixes in accordance with a firm’s cybersecurity policy is an important step in an overall robust security posture.

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    Finra Reports Rising Risks From AI, Cybersecurity, Investment Fraud

    2025-01-30

    Investment News: The constantly evolving landscape of third-party risks that are seen by Finra staff have been highlighted in its 2025 Regulatory Oversight Report.

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    88% of High-Uncertainty Firms Report Significant Cybersecurity Risks

    2025-01-30

    PYMNTS: Cybersecurity is a major concern for CFOs of middle-market firms, especially those facing high uncertainty due to fluctuating demand, supply chain disruptions, or macroeconomic volatility. These challenges create financial strain and long-term strategic setbacks.

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    The Growing Complexity of Global Cybersecurity: Moving From Challenges to Action

    2025-01-29

    World Economic Forum: While the complexity of today's cyber environment is daunting, our focus at the World Economic Forum's Centre for Cybersecurity must be on translating this complexity into concrete actions that organizations can implement to enhance their resilience.

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    About Castle Hall Diligence

    Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

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