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Industry News: ESG5

      Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer

      2024-06-05

      Coindesk: Web3 cybersecurity company GoPlus has raised $10 million in a private financing round with participation from a host of heavyweight crypto investors including OKX Ventures, HashKey Capital and Animoca Brands, according to an emailed announcement shared with CoinDesk.

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      Cybersecurity Standards Emerging in Canada as Ransomware Business Booms

      2024-06-05

      MSN: The ransomware business is booming in Canada. Recent victims have included large corporations such as retailer London Drugs, as well as the City of Hamilton, Ont., and the government of Newfoundland and Labrador.

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      Cybersecurity Market To Be Worth $311.4 Billion By 2031

      2024-06-04

      Yahoo Finance: Cybersecurity is the practice of protecting computer systems, networks, programs, and data from unauthorized access, attacks, damage, or any form of unauthorized manipulation.

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      APRA Clarifies Expectations on Cyber Security and Adequacy of Backups

      2024-06-03

      Australian Prudential Regulation Authority: The Australian Prudential Regulation Authority (APRA) has written to all APRA-regulated entities emphasising the critical role of data backups in cyber resilience. 

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      Know Your Breach: Cencora

      The Target: Cencora, formerly AmerisourceBergen, is a pharmaceutical services provider specializing in drug distribution, specialty pharmacy, consulting, and clinical trial support.

      The Take: Cencora's internal investigation, which concluded on April 10, 2024, confirmed that the following information had been exposed: full name, address, health diagnosis, medications, and prescriptions.

      The Vector: In February 2024, Cencora disclosed a data breach in a Form 8-K filing with the SEC, stating that unauthorized parties gained access to its information systems and exfiltrated personal data.

      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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      Bridging Cybersecurity Expectations And Reality To Empower CISOs

      2024-05-30

      Forbes: Cybersecurity has evolved into an indispensable foundation for doing business. The past several years have seen the rise of a permanent hybrid workforce that uses software to connect to their corporate networks.

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      Disruptive Attacks Double in EU in Recent Months, Cybersecurity Chief Says

      2024-05-29

      MSN: The EU's top cybersecurity official has said there has been a "significant increase" in disruptive cyber attacks, many of which can be traced to Russia-backed groups, in recent months.

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      Palo Alto Networks, Zscaler Shares Lead Broader Cybersecurity Selloff

      2024-05-29

      MSN: Cybersecurity stocks are selling off as investors prepare for more earnings reports within the industry. Okta Inc. PagerDuty Inc. and Zscaler Inc. are all due to post results, and Rosenblatt analyst Catharine Trebnick weighed in cautiously on the latter.

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      OpenAI Sets Up Safety Committee as it Starts Training New Model

      2024-05-28

      Yahoo Finance/Reuters: OpenAI has formed a Safety and Security Committee that will be led by board members, including CEO Sam Altman, as it begins training its next artificial intelligence model, the AI startup said.

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      The SEC's New Take on Cybersecurity Risk Management

      2024-05-28

      Dark Reading: The advent of generative AI is surfacing new risks, significantly raising the stakes for businesses around the globe and for marketplace stability.

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