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    Industry News: ESG5

      Hospitals Are Cyber Criminals’ Newest, Biggest Target

      2019-02-25

      Insidesources: Cyber attacks on hospitals and healthcare providers have become a regular occurrence.  On Feb. 1, it was Easton Hospital in Easton, Pennsylvania. On Feb. 4, it was the Catawba Valley Medical Center in Hickory, North Carolina. On Feb. 20, it was the Calbrini Hospital in Melbourne, Australia...

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      India ‘Millionaire’ Crypto Scam Tricks Victims Out Of $250K

      2019-02-26

      pymnts: A man in India tricked 12 people out of $250,000 with a scam involving a fake cryptocurrency named after the Indian version of the show “Who Wants To Be A Millionaire,” according to reports. Pritam Patil allegedly asked the victims to invest in the initial coin offering (ICO) of his “KBC Coin,” named after Kaun Banega Crorepati, a wildly popular Indian show...

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      Data breaches reported to FCA have risen 480% from financial services firms

      2019-02-25

      InformationAge: The number of data breaches reported by UK financial services firms to the Financial Conduct Authority (FCA) increased 480% in 2018, to 145 up from just 25 in 2017*, shows research from RPC, the City-headquartered law firm. Data breaches are on the rise. And, the financial services sector is an especially lucrative target; along with the personal data bulging healthcare sector...

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      Know Your Breach: British Airways

      The target: British Airways, the largest airline in the United Kingdom.

      The take: Payment card information for more than 380,000 customers.

      The attack vector: By injecting altered scripts into third-party webpages called during the payment and check-out process, malicious actors performed a digital ‘card skimming’ attack, stealing payment card information from BA’s clients from August and September of 2018.

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      California Proposes Tougher Customer Protections After Data Breaches

      2019-02-20

      CNN: California officials proposed legislation that, if passed, would set stricter guidelines for when companies need to inform customers of a data breach. The bill would require companies to notify California residents when their passport, passport card or green card numbers are compromised in data breaches. It would also require customers be notified of compromised biometric information such as fingerprints...

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      AI cybersecurity Specialist Senseon Secures USD6.4m in Seed Funding

      2019-02-20

      PrivateEquityWire: Senseon, an AI platform for cyber defence, has completed a USD6.4 million seed funding round led by venture capital fund MMC Ventures, alongside Mark Weatherford, former Deputy Under Secretary for Cybersecurity, US Department of Homeland Security. Additional investors include Amadeus Capital Partners, Crane Venture Partners and CyLon. The funding will allow Senseon to continue its rapid expansion in the UK and increase its presence in EMEA and the US...

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      Was Jeff Bezos the Weak Link in Cyber Security?

      2019-02-16

      BBC: Mr Bezos is the world's richest man, building his fortune via a company that is transforming the way we live with innovative technology. His business, Amazon, has cyber-security at the heart of everything it does. So how come he risked sending highly embarrassing photos to his lover's phone only to see them hacked and end up in the hands of a tabloid newspaper?...

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      Cyber Security Provider Palo Alto to Buy Demisto for $560 Million

      2019-02-19

      Reuters: Cyber security company Palo Alto Networks Inc said on Tuesday it would buy U.S.-Israeli information security firm Demisto Inc for $560 million in cash and stock. Demisto, founded in 2015 by four McAfee executives, develops and markets automation tools for information security management, including a chatbot that assists in handling tasks...

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      Healthcare Cyber Security Market to Reach $12.46 Bn, Globally, by 2023 at 15.6% CAGR: Allied Market Research

      2019-02-18

      PRNewswire: Rise in cyber-attacks, increase in demand for cloud services, and favorable regulatory requirements & government policies facilitate the growth in the global healthcare cyber security market...

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      Employees are Major Risk to Employers’ Cyber Security, Study Finds

      2019-02-18

      IrishTimes: Employees are still the weak link in the security system, with poor habits that potentially put organisations at risk of critical data and intellectual property loss, and severe legal and reputational repercussions, new research from Microsoft has found...

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