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Funds Europe: Private equity investment in security technology is accelerating, driven by rising geopolitical instability and increased government defence spending, according to research.
Wealth Professional: Bybit, one of the largest cryptocurrency exchanges, suffered a US$1.5bn security breach that has since triggered US$5.5bn in outflows.
The Target: Globe Life is an American financial services holding company.
The Take: The information potentially exposed includes names, email addresses, phone numbers, and postal addresses. In some cases, Social Security numbers, health-related data, and other personal details may also have been involved.
The Vector: The ongoing review indicated that the breach may have involved information linked to its American Life Insurance Co. subsidiary. In a new SEC filing on Jan. 30, Globe Life reported that customer information compromised in the attack was traced to databases maintained by a limited number of independent agency owners.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
Cybersecurity Dive: Insight Partners suffered a data breach in January stemming from what it described as “a sophisticated social engineering attack.” In a statement the private equity and venture capital firm said it initially detected unauthorized access to “certain Insight information systems” on Jan. 16.
Forbes: As a cybersecurity leader dedicated to safeguarding small- and medium-sized enterprises (SMEs) from cyber threats, the shifting sands of the cybersecurity landscape are always top-of-mind.
Insurance Journal: Dream, an artificial intelligence company that provides cybersecurity services to governments and critical infrastructure operators such as hospitals and utilities, has raised $100 million at a $1.1 billion valuation.
Tech Monitor: Cybersecurity vulnerabilities continue to pose significant risks to major corporations, with 96% of S&P 500 companies experiencing data breaches, according to the latest findings from the Cybernews Business Digital Index.
Cybersecurity Dive: Palo Alto Networks confirmed that a high severity vulnerability, listed as CVE-2025-0108, in its PAN-OS management web interface was being exploited by attackers in the wild.
Funds Europe: Cybersecurity has emerged as a top priority for investors during fundraising due diligence, with 27% of investors now focusing on digital security risks, according to the Core Alternative Managers’ Mood Index (Cammi) report by Gen II Fund Services.
Bleeping Computer: Financial technology giant Finastra is notifying victims of a data breach after their personal information was stolen by unknown attackers who first breached its systems in October 2024.
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