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    Industry News: ESG5

      CSC Report Highlights Cybersecurity Threats .AI Domains Pose

      2023-10-17

      Security Boulevard: An analysis published by CSC found 43% of Forbes Global 2000 companies do not have control over their branded artificial intelligence (.AI) domain names that have instead been registered by third parties.

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      The Cyber AI Dilemma—And What It Means For The Cybersecurity Industry

      2023-10-16

      Forbes: Ever since OpenAI released ChatGPT last year and DALL-E the year before, there has not only been an explosion in the amount of AI tools available for general consumption, but AI also transitioned from being perceived as largely academic or some magic employed by Big Tech to a family dinner conversation topic.

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      Know Your Breach: 23andMe

      The Target: DNA testing company 23andMe.

      The Take: The information obtained may have included users’ display name, profile photo, profile sex, birth year, location, predicted relationships to their match, the percent DNA match and number of shared genetic segments and portions of their genetic ancestry results, including haplogroups, which provide information about ancestry.

      The Vector: The company said its preliminary investigation indicated that an attacker may have compiled login credentials leaked from other platforms and then recycled these credentials to access the accounts of 23andMe customers who had used the same username and password combination.

      This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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      Half of Canadian SMBs Say Keeping on Top of Cybersecurity Threats is Their Biggest Challenge

      2023-10-12

      GlobeNewswire: Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), released a new report, Cybersecurity for SMBs: Navigating Complexity and Building Resilience.

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      Cybersecurity Should be a Business Priority for CEOs

      2023-10-12

      Help Net Security: 60% of CEOs said their organizations don’t incorporate cybersecurity into business strategies, services or products from the outset, and 44% believe cybersecurity requires episodic intervention rather than ongoing attention.

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      SYN Ventures Announces $75 Million Seed Fund for US Cybersecurity Firms

      2023-10-12

      SecurityWeek: The new Seed Fund I brings the firm’s total assets under management to more than $600 million. The final closing is expected for later this quarter. 

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      Economic Challenges Tighten CISO Compensation: IANS Study

      2023-10-10

      CSO: The ongoing economic challenges are severely impacting CISOs, many of whom are struggling to get any salary hikes at all while new job postings for the role are on a decline, according to an IANS study.

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      The Cybersecurity Paradox: Keeping Data Both Secure And Accessible

      2023-10-10

      Forbes: In the fight to keep hackers out of your network and applications, a robust cybersecurity program focuses a lot on access management and authorization. 

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      Arctic Wolf Acquires Cybersecurity Automation Platform Revelstoke

      2023-10-10

      TechCrunch: Arctic Wolf, a cybersecurity company that’s raised hundreds of millions of dollars in debt and equity, announced that it plans to acquire Revelstoke, a company developing a security orchestration, automation and response (SOAR) platform, for an undisclosed amount.

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      Gutsy Gains $51M Seed Round, One Of Cybersecurity’s Largest This Year

      2023-10-10

      Venture Beat: Emerging from stealth today with one of cybersecurity’s largest-ever seed rounds of $51 million, startup Gutsy’s vision is to revolutionize security governance through process mining. 

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