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    Industry News: ESG5

      Cybersecurity As A Strategic Investment: How ROI Optimization Can Lead To A More Secure Future

      2023-08-16

      Forbes: In the ever-changing landscape of cybersecurity, chief information security officers (CISOs) play a crucial role in safeguarding organizations against evolving threats. 

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      Canadian Financial Sector Faces Rising Cybersecurity Challenges: Report

      2023-08-16

      Advisor's Edge: The Canadian financial services industry is seeing a surge in cybercrime and fraud, according to new data from LexisNexis Risk Solutions.

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      SecureWorks Laying Off 15% of Employees

      2023-08-15

      SecurityWeek: The plans were announced in an SEC filing, with employees being notified starting August 14. In addition, the company revealed that it’s implementing “certain real estate‑related cost optimization actions”.

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      AI’s Impact on Fintech: Do the Benefits Outweigh the Risks?

      2023-08-15

      Traders Magazine: Artificial Intelligence has considerably impacted the financial services industry in recent years, especially since the advent of OpenAI in late 2022.

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      Why Finance Leaders In Midsize Businesses Are Stepping Up Cybersecurity Efforts

      2023-08-14

      Forbes: Finance organizations within midsize businesses have more on their minds than the traditional risks in credit, operational budgets, investments, and regulatory compliance.

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      Adapting to the Cloud Era of Cybersecurity: How CISO’s Priorities Are Evolving

      2023-08-14

      Network Computing: Cybersecurity has been rapidly moving to the cloud, driving organizations to cloud-based solutions from third-party vendors instead of self-owned and maintained network security devices and software. 

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      Know Your Breach: Salesforce

      The Target: Salesforce, Inc., an American cloud-based software company headquartered in San Francisco, California

      The Take: The goal of the phishing kit employed in this campaign was to steal Facebook account credentials, even featuring two-factor authentication bypassing mechanisms.

      The Vector: The attackers chained a flaw dubbed "PhishForce," to bypass Salesforce's sender verification safeguards and quirks in Facebook's web games platform to mass-send phishing emails.

      As phishing actors continue to explore every potential abuse opportunity on legitimate service providers, novel security gaps constantly threaten to expose users to severe risks. It is essential not to rely solely on email protection solutions, and also scrutinize every email that lands on your inbox, look for inconsistencies, and double-check all claims made in those messages.

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      A Global Law Firm Separates From Its Chinese Partner, Citing Cybersecurity and Data Rules

      2023-08-10

      US News: One of the world’s biggest law firms said it is separating from the Chinese firm that was part of its global network for eight years, citing changes in cybersecurity and other rules that have rattled foreign companies.

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      Hackers to Compete For Nearly $20 Million in Prizes by Using A.I. For Cybersecurity, Biden Administration Announces

      2023-08-09

      CNBC: Hackers will have the chance to compete for millions of dollars in prizes by using artificial intelligence to protect critical U.S. infrastructure from cybersecurity risks, the Biden administration announced.

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      Cybersecurity Giant Rapid7 Announces Sweeping Layoffs as Losses Mount

      2023-08-09

      TechCrunch: U.S. cybersecurity giant Rapid7 has announced plans to lay off 18% of its workforce, affecting more than 400 global employees.

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