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Industry News: ESG5

    Rethinking Cybersecurity's Structure & the Role of the Modern CISO

    2023-04-10

    Dark Reading: Effective cybersecurity operations are as unique as the business models and technology choices of the companies they protect. Their creation and management are constantly complicated by a lack of common terminology and set of expectations, due mainly to the chaotic path our industry has taken since its relatively recent birth.

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    How Strategic Investors Can Help Cybersecurity Startups

    2023-04-04

    Dark Reading: Economic uncertainty puts enormous pressure on cybersecurity startups already struggling to break into a crowded market. It's bad news for both these nascent companies and their potential customers: As cyberattacks grow more prevalent, the need for innovative solutions from startups is greater than ever.

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    Cryptocurrency Companies Backdoored in 3CX Supply Chain Attack

    2023-04-03

    Bleeping Computer: Some of the victims affected by the 3CX supply chain attack have also had their systems backdoored with Gopuram malware, with the threat actors specifically targeting cryptocurrency companies with this additional malicious payload.

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    Wages Dominate Cybercrime Groups' Operating Expenses

    2023-04-03

    Cision: Trend Micro Incorporated, a global cybersecurity leader, today published new research detailing how criminal groups start behaving like corporations as they grow bigger, but that this comes with its own attendant costs and challenges.

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    Cyber Due Diligence Best Practices for Private Equity Firms

    2023-04-03

    Liberty Mutual: Cyber is a complex and constantly evolving challenge for any company but couple cyber risk with private equity activity and the risks can be compounded exponentially.

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    Cybersecurity Investment Outlook Remains Grim as Funding Activity Sharply Declines

    2023-03-29

    DarkReading: Financial activity in the cybersecurity industry declined sharply in the first quarter of 2023 compared to the same period in 2022, and analysts tracking the sector expect little improvement until at least the second half of the year.

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    Private Equity Turns to Resiliency Strategies for Software Investments

    2023-03-29

    McKinsey & Company: Private equity (PE) investments in software—500-plus deals of more than $100 billion in value last year—have outperformed other investments made by the asset class for upward of a decade.

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    Less Talk, More Action: 3 Steps to Diversify the Cybersecurity Workforce

    2023-03-22

    Information Week: Despite all the conversations about diversity initiatives and efforts in the past few years to get more women in STEM careers, it often seems the needle is moving slowly. Too often, these conversations are just that -- talking points that sound good but aren’t connected to action-oriented strategies.

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    Banks, Financial Industry Hit by Rising Ransomware Attacks

    2023-03-21

    BNN Bloomberg: Ransomware gangs didn’t come out with any big new innovations last year, but “what 2022 lacked in innovation it made up for in volume,” according to a report by a financial services group.

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    Cybersecurity Skills Shortage, Recession Fears Drive 'Upskilling' Training Trend

    2023-03-21

    Dark Reading: Companies continue to value cybersecurity skills, but many have moved their focus from hiring cybersecurity professionals to training up in-house staff on needed cybersecurity skills.

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