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Industry News: ESG5

    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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    Singapore, US Run Cross-Border Cybersecurity Drills To Test Banks' Resilience

    2023-05-02

    ZDNet: Singapore and the U.S. have conducted drills to assess how well banks operating in their respective markets respond to cybersecurity threats. 

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    FBI Seizes 9 Crypto Exchanges Used To Launder Ransomware Payments

    2023-05-02

    Bleeping Computer: The FBI and Ukrainian police have seized nine cryptocurrency exchange websites that facilitated money laundering for scammers and cybercriminals, including ransomware actors.

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    Lookout Sells Its Consumer Cybersecurity Business to F-Secure for $223M and Goes All-In on the Enterprise

    2023-04-26

    TechCrunch: Lookout’s long-running transition to becoming an enterprise security company is all but complete, revealing today that it’s selling its consumer mobile security business to Finland’s F-Secure in a deal valued at around $223 million.

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    96% of CISOs Struggle to Get the Support Required to Be Resilient Against Cyber Attacks

    2023-04-25

    Business Wire: Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), will highlight new research and insights on stage at the 2023 RSA Conference. 

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