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Industry News: ESG5

    Know Your Breach: Discord

    The Target: Video game chat platform Discord.

    The Take: The data compromised may have included usernames, email, billing information, the last four digits of credit card numbers, IP addresses and messages with customer support.

    The Vector: The company stated that an unauthorised party had compromised one of Discord’s third-party customer service providers, leading to the access of “a limited number of users” who had been in contact with the customer service or trust and safety teams.

    This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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    Third-Party Breaches are a Wake-Up Call for Modern Cybersecurity

    2025-10-08

    Tech Radar: Cybersecurity has never been more critical than in today’s hyper-connected world, where businesses increasingly rely on third-party vendors to deliver essential services.

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    Armis and Fortinet Expand Partnership to Strengthen Cyber Defenses

    2025-10-07

    Investing.com: Armis and Fortinet, a prominent cybersecurity player with a market capitalization of $66 billion and impressive gross profit margins of 81%, announced an expanded partnership aimed at simplifying security programs and strengthening cyber resilience for organizations worldwide.

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    Public Disclosures of AI Risk Surge Among S&P 500 Companies

    2025-10-07

    Cybersecurity Dive: More than seven of every 10 public companies on the S&P 500 now flag their use of artificial intelligence as a material risk in their public disclosures, according to a report released by The Conference Board. 

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    How AI Adoption Is Shifting The Cost Factor Of Cyberattacks

    2025-10-02

    Forbes: IBM’s "2025 Cost of a Data Breach Report" sounds an alarm for organizations racing to deploy AI without adequate safeguards. The study highlights how organizations are choosing speed and innovation over security oversight, which is translating into steeper breach costs and more-complex recovery efforts.

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    Databricks Enters the Cybersecurity Arena With an AI-Driven Platform

    2025-09-30

    CSO Online: Databricks is trying to carve out a bigger role in cybersecurity for itself with the launch of “Data Intelligence for Cybersecurity,” a platform aimed at unifying fragmented security data and powering AI agents against automated attacks.

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    How Advanced Cybersecurity Can Help Safeguard America’s Economic Future

    2025-09-29

    Forbes: As digital ecosystems expand and global interconnectivity accelerates, cybercrime is emerging as a significant economic vulnerability. In 2020, Cybersecurity Ventures projected it would inflict $10.5 trillion in damages annually by 2025.

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    JPMorgan Hired a New Cybersecurity Chief from Goldman Sachs' Investment Bank

    2025-09-24

    eFinanical Careers: Multiple banks have been recruiting senior cybersecurity specialists as technologies like AI make cyberattacks much more powerful. Bank of America hired an ex-US Secret Service investigator, while HSBC hired a former UK Home Office technology director.

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    Global AI In Cybersecurity Market Size Projected to Reach $93 Billion By 2030 Due To Frequent High-Profile Cyberattacks

    2025-09-24

    PR Newswire: Artificial Intelligence (AI) technologies, including natural language processing and machine learning, are increasingly used to enhance cybersecurity measures.

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    Many ‘Material’ Cybersecurity Breaches Go Unreported: VikingCloud

    2025-09-23

    CFO Dive: It was not clear to what extent, if any, that surveyed companies have broken any cybersecurity laws by failing to report breaches.

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