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Industry News: ESG5

    Ransomware Payments Reached Record $1.1 Billion In 2023

    2024-02-07

    Bleeping Computer: Ransomware payments in 2023 soared above $1.1 billion for the first time, shattering previous records and reversing the decline seen in 2022, marking the year as an exceptionally profitable period for ransomware gangs.

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    The Impact Of AI On Post-Quantum Cybersecurity

    2024-02-06

    Forbes: These days, major debates are happening around artificial intelligence (AI) and the future of the human race. Whether you believe that advanced AI will better humanity or force us off the planet, I would propose that we have a more pressing problem.

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    Cyber Crime Damage Costs Firms Up To $5 Million Annually, Says Barracuda

    2024-01-31

    Security Brief: The annual cost of recouping from cyber crime for businesses can reach as much as $5 million, according to a new Cybernomics 101 report from Barracuda Networks, a leading provider of cloud-first security solutions.

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    New SEC Cyber Disclosure Rules Will Force Companies to Develop Incident Response Plans

    2024-01-31

    CPO Magazine: To many, the new SEC rules that require public companies to disclose “material” cybersecurity incidents within four days of determining their materiality may seem like a challenging, if not unreasonable, demand. 

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    20 Essential Factors To Consider When Vetting Cybersecurity Platforms

    2024-01-30

    Forbes: In an increasingly digital work world, companies across industries collect and manage sensitive data. And just as companies are finding new and sophisticated ways to leverage that data, hackers are finding new and sophisticated ways to breach cyber defenses.

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    How Blockchain Revolutionizes Data Integrity And Cybersecurity

    2024-01-17

    Forbes: In the current digital landscape, data integrity and security have taken center stage, especially as businesses and institutions continue to depend on digital data. 

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    AI Set To Drive VCs To Cybersecurity Investments

    2024-01-08

    Mint: Venture capital investors are scaling their cyber security investments on the back of advancements in artificial intelligence (AI) and rising instances of data security breaches.  

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    How SEC Action Could Shake Up Cybersecurity

    2024-01-08

    Forbes: Remember when the cyberattack on SolarWinds broke through the coverage of Covid-19 and dominated headlines? That was around three years ago, and the story lingered for a while as a kind of cautionary tale.

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    NZ Firm Pushes for ‘Complete Ban’ on Paying Cyber Ransoms

    2024-01-04

    The Post: A New Zealand cyber-security firm that has the ear of many media organisations around the world has called for a complete ban on paying off ransomware attackers, arguing it is the only way to get on top of the crime.

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    Atos Shares Drop After Airbus Deal Talks Disappoint Investors

    2024-01-03

    Yahoo Finance: Atos SE shares fell after the company’s announcement that it was in early talks to sell its big data and cybersecurity business to Airbus SE for as much as €1.8 billion ($2 billion) disappointed investors.

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