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Industry News: ESG5

    Cybersecurity Should be a Business Priority for CEOs

    2023-10-12

    Help Net Security: 60% of CEOs said their organizations don’t incorporate cybersecurity into business strategies, services or products from the outset, and 44% believe cybersecurity requires episodic intervention rather than ongoing attention.

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    Economic Challenges Tighten CISO Compensation: IANS Study

    2023-10-10

    CSO: The ongoing economic challenges are severely impacting CISOs, many of whom are struggling to get any salary hikes at all while new job postings for the role are on a decline, according to an IANS study.

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    The Cybersecurity Paradox: Keeping Data Both Secure And Accessible

    2023-10-10

    Forbes: In the fight to keep hackers out of your network and applications, a robust cybersecurity program focuses a lot on access management and authorization. 

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    CEOs Lack Confidence in Their Organizations’ Ability to Protect Against Cyberattacks

    2023-10-05

    Business Wire: Three-quarters (74%) of CEOs are concerned about their organizations’ ability to avert or minimize damage to the business from a cyberattack—despite the fact that 96% of CEOs said that cybersecurity is critical to organizational growth and stability, according to a new report from Accenture (NYSE: ACN).

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    BlackBerry Plans IPO for Its Internet of Things Business

    2023-10-04

    BNN Bloomberg: BlackBerry Ltd., wrapping up a strategic review of its options, plans to hold an initial public offering for the company’s Internet of Things division, separating the business from its main cybersecurity operations. 

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    How Private Equity Firms Can Protect ‘Treasure Trove’ From Digital Threats

    2023-10-03

    Chief Investment Officer: Cybersecurity risks are omnipresent. September’s hack of MGM Resorts International and Caesars Entertainment showed just how vulnerable companies can be, no matter how large or small.

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    Using AI In Cybersecurity: Exploring The Advantages And Risks

    2023-09-18

    Forbes: Recently, research firm Cybersecurity Ventures shared its “Top 10 Cybersecurity Predictions And Statistics For 2023,” which unveiled the alarming fact that global cybercrime financial damage will reach $8 trillion​​ in 2023 and $10.5 trillion ​​by 2025.

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    Hackers Steal $53 Million Worth Of Cryptocurrency From CoinEx

    2023-09-13

    Bleeping Computer: Global cryptocurrency exchange CoinEX announced that someone hacked its hot wallets and stole large amounts of digital assets that were used to support the platform's operations.

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    Cybersecurity In Finance: Protecting Client Data And Mitigating Risks

    2023-09-11

    Forbes: Gone are the days of calling in your stock trades from your local coffee shop and U.S. Postal Service-delivered bank statements. The finance industry of today is accessible at the touch of a button. 

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    Global Companies to Hike Security Spending as Threats Rise: Survey

    2023-09-11

    Business Standard: Almost half of security chiefs at the world’s biggest companies expect to increase their budgets significantly in the next year as they see economic and social unrest driving more cases of theft, fraud and the leaking of sensitive information.

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