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Industry News: ESG5

      LexisNexis Risk Solutions Cybercrime Report Reveals 20% Annual Increase in Global Digital Attack Rate

      2023-05-17

      PR Newswire: LexisNexis® Risk Solutions today released the results of its annual Cybercrime Report, an analysis of data from 79.8 billion transactions processed through its LexisNexis® Digital Identity Network® throughout 2022.

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      Survey Reveals 71% of Asset Managers Dealt With Institutional Investor Concerns Around Cybersecurity in 2022

      2023-05-16

      Institutional Asset Manager: In a recent Crestbridge Alternative Managers’ Mood Index (CAMMI) survey, results highlighted the growing concern of investors in cybersecurity during the fundraising due diligence process in the fund management industry.

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      Cyber-Attack to Cost Outsourcing Firm Capita up to £20m

      2023-05-10

      The Guardian: The outsourcing firm and government contractor Capita has revealed it will take a hit of up to £20m from a recent cyber-attack in which some customer, supplier and staff data was accessed by hackers.

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      Fighting Hackers a Potential Growth Industry for ETFs

      2023-05-09

      Investment Executive: With economic activity increasingly taking place online, cyberattacks are an ever-present threat. That’s why cybersecurity companies — often referred to as the utilities segment of the digital world — continue to grow rapidly even in a sluggish economy.

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      2023 Hedge Fund Survey Shows Rising Costs and High Staff Turnover are Forcing Hedge Funds to Rethink Their Approach to IT Management

      2023-05-09

      Yahoo Finance: Agio, a leading managed IT and cybersecurity provider for financial services firms, published its annual 2023 Hedge Fund Managed IT Trends Report. 

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      The Layers Of Cybersecurity: Is Your Company Covered?

      2023-05-09

      Forbes: Cybersecurity is not one thing but a layering of security tools and processes to protect your data. The two most common layers people think of are the firewall and antivirus solutions.

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      Who’s Acquiring Who? Cybersecurity-Related Private Equity Deal Activity in the Technology Industry Decreased by 47% in Q1 2023

      2023-05-08

      Verdict: Analysis of the key themes driving private equity deal activity reveals that cybersecurity accounted for 18 technology deals announced in Q1 2023, worth a total value of $2.1 billion.

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      ChatGPT and the New AI Are Wreaking Havoc on Cybersecurity in Exciting and Frightening Ways

      2023-05-07

      ZDNet: Generative artificial intelligence is transforming cybersecurity, aiding both attackers and defenders. Cybercriminals are harnessing AI to launch sophisticated and novel attacks at large scale.

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      Cybersecurity Still Finding Its Place In New AI Era

      2023-05-03

      Crunchbase: It is difficult nowadays to talk to investors in any tech sector without AI coming up in the conversation — and that is certainly true in cybersecurity.

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      4 Ways Leaders Should Reevaluate Their Cybersecurity's Focus

      2023-05-02

      Forbes: Despite business leaders' growing awareness of cybercrime—and the rapid adaptations offered by new cybersecurity architectures—criminals continue to successfully exploit weaknesses created by these evolving business infrastructures. 

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