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Industry News: ESG5

    71% of Audit Committees Are Now Discussing Cybersecurity Quarterly

    2025-02-12

    CFO: In an time where deepfakes, synthetic identity fraud and fake documents pose an increasing threat to businesses, audit committees are ramping up cybersecurity oversight — yet financial and nonfinancial firms are taking vastly different approaches. 

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    Trump to Nominate Sean Cairncross as National Cyber Director

    2025-02-12

    Cybersecurity Dive: President Donald Trump plans to nominate Sean Cairncross, a former official at the Republican National Committee, as the next national cyber director, according to a list of planned nominees obtained by Cybersecurity Dive. 

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    India’s Central Bank Launches Exclusive Internet Domains to Combat Cyber Threats

    2025-02-10

    MSN: The Reserve Bank of India (RBI) is set to introduce exclusive internet domains for financial sector participants, including banks and non-banking entities, to enhance cybersecurity.  

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    SolarWinds Taken Private in $4.4 Billion Turn/River Capital Acquisition

    2025-02-10

    SecurityWeek: Turn/River Capital is prepared to pay roughly $4.4 billion in cash for SolarWinds — $18.50 per share, which represents a 35% premium to the stock’s closing price over a period of 90 days prior to the deal being announced. 

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    Know Your Breach: GrubHub

    The Target: ​Food delivery company GrubHub.

    The Take: GrubHub said that, depending on the affected individual, the attackers gained access to names, email addresses, and phone numbers, as well as partial payment card information (including card type and last four digits of the card number) for some campus diners.

    The Vector: The investigation found that the intrusion originated with an account belonging to a third-party service provider that provided support services to Grubhub.

     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.

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    21% of CISOs Pressured to Not Report Compliance Issues

    2025-02-06

    CSO Online: CISOs are increasingly getting caught between business pressures and regulatory obligations, leaving them struggling to balance corporate loyalty and legal accountability.

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    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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