.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
Private Equity Wire: This transaction represents the first exit from the Development Capital pool within the IK SC III Fund, after a holding period of under two years. IK will be reinvesting alongside Carlyle and the management team.
CNBC: The need for strong cybersecurity programs is a vital part of doing business today, and a good reflection of that is adding security executives to boards.
The Target: California’s Public Employees' Retirement System, the largest public pension fund in the U.S., managing more than $477 billion in assets for over 1.5 million public employees, retirees, and their families in California.
The Take: First and last names; dates of birth; and social security numbers. It could have also included the names of former or current employers, spouse or domestic partner, and child or children.
The Vector: The organization said that it was informed on June 6 by a third-party vendor – PBI Research Services/Berwyn Group – that data was accessed by hackers exploiting the MOVEit file transfer tool.
This breach serves as a reminder of the risks associated with third-party vendors and highlights the need for stringent security measures and oversight when handling sensitive customer information.
Forbes: The rapid growth of artificial intelligence (AI) has invented a new wave of challenges and concerns. Newer technologies such as ChatGPT, robotic surgeries, threat analytics and cybersecurity automation create relationships where protection and harm collectively operate.
Yahoo Finance: BlackBerry posted a surprise profit for the first quarter as its cybersecurity business benefited from higher client spending, while its enterprise software continued to gain traction in automotive sector.
CSO: Research suggests UK banks are lagging on email cybersecurity measures exposing customers, staff, and stakeholders to increased risk of email-based impersonation attacks.
Yahoo News: A trend accelerated by the mass move to digital during the pandemic, enterprises are having to handle an increasing amount of proprietary data.
Middle Market Growth: The exponential increase in both frequency and severity of cybersecurity breaches over the past few years has prompted the U.S. Securities and Exchange Commission (SEC) to propose significant new cybersecurity rules.
Central Western Daily: Medibank says it will have no problems complying with orders to carry an additional $250 million in capital after a catastrophic data breach.
BNN Bloomberg: Suncor Energy Inc. falling victim to a cyberattack may be the most significant cybersecurity breach of an oil and gas company thus far in Canadian history, experts say.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy