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Industry News: ESG5

      Cybersecurity a Growing Concern for Investors

      2023-05-17

      Funds Tech: Recently published research has revealed that asset managers’ cybersecurity preparedness has become a key concern for institutional investors during the fundraising process.

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      Customer Sues Equity Bank for Data Breach Dispute

      2023-05-15

      Business Daily: An Equity Bank customer has sued the lender for breach of data privacy after his confidential banking information was allegedly shared with a third party.

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      FCA Urges Capita Clients to Ascertain if Data Was Compromised in Cyber-Attack

      2023-05-03

      The Guardian: The City regulator has contacted Capita’s corporate clients urging them to ascertain whether their customers’ data has been compromised after a cyber-attack on the outsourcer in March.

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      UK Cyber Security Chief to Warn of China’s Rise as a Technology Superpower

      2023-04-18

      The Guardian: China poses an “epoch-defining” challenge to the west, the head of the National Cyber Security Centre (NCSC) is reportedly to warn. Lindy Cameron, who is the director of the GCHQ arm, will use a speech in Belfast this week to warn the UK and allies of the “dramatic rise of China as a technology superpower”.

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      EU Proposes $1.2 Billion Plan to Counter Growing Cybersecurity Threats

      2023-04-18

      US News: The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents.

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      Europe Cyber Security Market will reach US$ 103.51 Billion in 2028

      2023-03-28

      GlobeNewswire: In 2021, according to Eurostat, the expanding penetration of internet users, 95% of young people (aged 16-29 years) in the European region, and the adoption of cloud-based services and Advanced Persistent Threats (APTs) presented an extensive chance for cyber vendors in the European cyber security market size.

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      European Police, FBI Bust International Cybercrime Gang

      2023-03-06

      ABC News: German police said Monday they have disrupted a ransomware cybercrime gang tied to Russia that has been blackmailing large companies and institutions for years, raking in millions of euros.

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      CyberSmart Raises $15M for an All-in-one Cybersecurity and Insurance Solution Targeting SMBs

      2023-02-23

      Tech Crunch: Cybersecurity continues to be a major area for investment among businesses, and today a startup building solutions for smaller enterprises is announcing a funding round to meet that demand. CyberSmart — a U.K. startup that has built an all-in-one platform providing cybersecurity technology for small and medium businesses, and cyber insurance if things go wrong regardless — has closed a Series B of £12.75 million ($15.4 million).

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      Airline SAS Network Hit by Hackers, Says App Was Compromised

      2023-02-14

      US News: Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using its app but later said it had fixed the problem. News reports said the hack paralysed the carrier's website and leaked customer information from its app.

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      Spain, U.S. Dismantle Phishing Gang That Stole $5 Million in a Year

      2023-02-13

      Bleeping Computer: Spain's National Police and the U.S. Secret Service have dismantled a Madrid-based international cybercrime ring comprised of nine members who stole over €5,000,000 from individuals and North American companies.

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