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Industry News: ESG5

    Department of Financial Services Issues Alert to Regulated Entities Concerning Heightened Risk of Cyber Attacks

    2020-01-04

    Department of Financial Services: There is currently a heightened risk of cyber attacks from hackers affiliated with the Iranian government. The Iranian government has vowed to retaliate against the United States for the death of Qassem Soleimani.  Given Iranian capabilities and history, U.S. entities should prepare for the possibility of cyber attacks. 

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    French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners

    2020-01-03

    Bitcoin.com: An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris.

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    FX and Payment Technology Expert Finablr Issues Statement Regarding Travelex IT Issues

    2020-01-02

    Finance Feeds: Travelex Ltd confirmed that a software virus was discovered on New Year’s Eve which compromised some of its online services. Travelex has taken all its systems offline as a precautionary measure and is currently providing foreign exchange services on a manual basis.

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    DIFC's Regulator Rolls Out Platform to Help Reduce Cyber-security Risks

    2019-12-29

    The National: The Dubai Financial Services Authority (DFSA) is planning to roll out a platform to help companies in the Dubai International Financial Centre implement appropriate safeguards to mitigate cyber risks.

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    Russia Plans 'Sovereign Internet' Tests to Combat External Threats

    2019-12-19

    Reuters: Russia will carry out tests on Monday on the reliability of its domestic internet infrastructure in the event that the country is disconnected from the worldwide web, the communications ministry said.

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    Vladimir Putin 'Still Uses Obsolete Windows XP' Despite Hacking Risk

    2019-12-17

    The Guardian: Russian agents have been accused of worldwide hacking operations, but someone at the Kremlin has apparently forgotten to inform Vladimir Putin of the importance of cyber-security.

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    Iranian Bank Cyber Attack Leaves 15 Million Customers' Details Online

    2019-12-12

    The Jerusalem Post: Just a few weeks since Iranian protesters torched hundreds of bank branches throughout the country, the Islamic republic’s financial authorities are dealing with another threat: A cyber attack caused the bank details of millions of Iranians to be published online, The New York Times reported.

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    North Korean Hackers are Working with Eastern European Cybercriminals

    2019-12-11

    Reuters: North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report here said, a finding that suggests digital gangsters and state-backed spies are finding common ground online.

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    Britain Investigating Whether Leaked Trade Papers Were Hacked: Sources

    2019-12-08

    Reuters: British cyber security officials are investigating whether classified UK-U.S. trade documents that were shared online ahead of Thursday’s election were acquired by hacking or were leaked, two sources told Reuters.

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    Top Israeli VC Talks Cyber-Security, Diversity and ‘No Go’ Investments

    2019-12-02

    Tech Crunch: Israel is a powerhouse in both offensive and defensive cyber operations, with cybersecurity giants CyberArk, Check Point, and Illusive Networks  all founded in the country in recent years.

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