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Industry News: ESG5

    Ransomware Attack Locked a Football Club's Turnstiles

    2020-07-23

    ZDNet: The UK's National Cyber Security Centre has detailed the cyber threats faced by the elite sports industry – and revealed that more than 70% of sports institutions have been the victim of some kind of attempted cyberattack or hacking incident over the past 12 months.

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    U.S. Offers $2 Million Reward In Global Search For Ukrainians Accused Of Hacking SEC Database

    2020-07-22

    Radio Free Europe: Artem Radchenko, 28, and Oleksandr Ieremenko, 28, acquired inside information on publicly traded companies by stealing test versions of quarterly and annual reports filed with the SEC but not yet available to investors, the Secret Servicesaid in a statement on July 22.

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    Dubai Launches Cyber Index to Promote Online Safety Standards

    2020-07-08

    Saudi Gazette: Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, crown prince of Dubai and chairman of the executive council of Dubai, on Wednesday launched the Dubai Cyber Index, an initiative aimed at supporting the efforts of Dubai’s government entities to ensure the highest standards of cybersecurity. The first initiative of its kind in the world, the index seeks to establish Dubai as the city with the safest cyberspace in the world.

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    EasyJet Lawsuit Over Data Breach Attracts 10,000 Passengers

    2020-06-24

    BNN Bloomberg: More than 10,000 people have joined the suit since it was filed last month, according to law firm PGMBM. Victims are entitled to as much as 2,000 pounds ($2,500) in compensation, meaning the case could be worth as much as 18 billion pounds. EasyJet said last month that the email addresses and travel data of about 9 million

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    L&G Suspends Ties with MorganAsh Over Medical Data Incident

    2020-06-24

    Cover: L&G uses financial services support company MorganAsh to collect information to support the quote application process for medically underwritten lifetime annuities and its Lifetime Care Plan product.

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    CryptoCore Hacker Group has Stolen More Than $200m from Cryptocurrency Exchanges

    2020-06-24

    ZDNet: An organized hacker group believed to be operating out of Eastern Europe has stolen around $200 million from online cryptocurrency exchanges, cyber-security firm ClearSky said in a report shared with ZDNet.

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    EU’s Privacy Watchdogs Urged to Use Full Force of New Powers

    2020-06-23

    BNN Bloomberg: European Union data protection watchdogs, armed with the right to levy massive fines for two years, still haven’t made full use of their powers, according to an EU report.

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    Good Cyber Security Starts in The Boardroom but Only Half of Business Leaders are Ready for Cyber Security Threats

    2020-06-23

    Cision: The UK's vulnerability to cyber security attacks has again come under the spotlight, with only half of business leaders ready and prepared to counter digital threats they're currently facing – or are likely to confront in the future. This is despite the fact that over half (52%) link strong cyber security capabilities to increased profitability.

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    Business Email Compromise: What Can Be Learned from the Norfund Attack

    2020-06-17

    The Register: Falling for an impostor’s email is easier than you might think. The recent attack which saw Norway’s state-owned investment fund, Norfund, lose an eye-watering USD 10 million (approx. 100 million NOK) was down to a simple but devastatingly effective tactic used by cybercriminals: a spoofed email address.

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    Israeli Software Firm Goes Behind Regulator's Back to Pay $250,000 in BTC Ransom

    2020-06-15

    Coin Telegraph: An Israel-based company reportedly paid $250,000 in Bitcoin for a ransom payment demanded by hackers that threatened to shut down its systems after a ransomware attack.

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