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Industry News: ESG5

    Cybersecurity Mesh Market Size to Surpass USD 6.63 Billion by 2032, Owing to the Rising Sophistication of Cyber Threats and Adoption of Zero Trust Security

    2025-03-26

    GlobeNewswire: The Cybersecurity Mesh Market is expanding as enterprises combat increasingly sophisticated cyber threats in a complex IT landscape.

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    Future of Bank Security Is Being Written by Ethical Hackers

    2025-03-26

    PYMNTS.com: Historically, banks built security the same way they built vaults: thick walls, high fences and minimal exposure. But digital transformation has upended that perimeter.

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    Why Cybersecurity Needs More Business-Minded Leaders

    2025-03-19

    Dark Reading: Cybersecurity is at an inflection point. As threats grow in complexity and regulatory scrutiny increases, leadership in the industry is evolving. I know this firsthand: If you had told me years ago that I'd be leading a cybersecurity company, I probably wouldn't have believed you.

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    Google’s Parent to Buy Cybersecurity Group Wiz in its Biggest Ever Deal

    2025-03-18

    The Guardian: Google’s owner, Alphabet, has agreed to buy the cybersecurity group Wiz for $32bn (£24.7bn), the biggest acquisition it has ever made.The search company’s purchase of the Israeli startup comes as Google attempts to catch its competitors Microsoft and Amazon in the competitive cloud services market.

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    Cybersecurity Becoming a Larger Priority For Institutions and Investors

    2025-03-10

    Private Banker International: Cybersecurity has always been a pressing concern in financial services, but it is becoming a priority for investors. In terms of concerns, cybersecurity is always near the top for private banks, wealth managers and their clients. Protecting money, especially at the level of wealth, is crucial.

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    Cybersecurity In Asset Management: A Growing Battlefield

    2025-03-05

    Private Banker International: In an era where cyber threats loom large over every industry, asset managers find themselves in an increasingly precarious position. With substantial assets under management (AUM) and access to sensitive client data, these firms are prime targets for cybercriminals.

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    DeepSeek’s AI Shake-Up Could Boost Cybersecurity Risks, Spending: Report

    2025-02-25

    Yahoo Finance: Global cybersecurity spending is projected to surge in coming years as artificial intelligence tools like chatbots and agents proliferate, creating new risks that force enterprises to shore up their information technology defenses, according to Bloomberg Intelligence analysts.

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    Cybersecurity As A Brand Differentiator: Building Consumer Trust

    2025-02-24

    Forbes: Amid rising concerns about data breaches, identity theft and privacy violations, cybersecurity has become more than just an IT and business operations necessity—it has become a brand differentiator. 

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    Know Your Breach: Globe Life

    The Target: Globe Life is an American financial services holding company.

    The Take: The information potentially exposed includes names, email addresses, phone numbers, and postal addresses. In some cases, Social Security numbers, health-related data, and other personal details may also have been involved.

     The Vector: The ongoing review indicated that the breach may have involved information linked to its American Life Insurance Co. subsidiary. In a new SEC filing on Jan. 30, Globe Life reported that customer information compromised in the attack was traced to databases maintained by a limited number of independent agency owners.

    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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    Cybersecurity Gaps Exposed as 96% of S&P 500 Firms Hit by Data Breaches

    2025-02-18

    Tech Monitor: Cybersecurity vulnerabilities continue to pose significant risks to major corporations, with 96% of S&P 500 companies experiencing data breaches, according to the latest findings from the Cybernews Business Digital Index

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