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Industry News: ESG5

    US Braces for Russian Cyberattacks as Ukraine Conflict Escalates. Here's How That Might Play Out

    2022-02-24

    CNN Business: The standoff between the United States and Russia over the conflict in Ukraine has so far mainly played out on diplomatic and economic fronts.

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    Cyble Raises $10 Million to Help Companies Identify Dark Web Data Leaks

    2022-02-24

    Help net Security: Cyble announced that it has raised a US $10M Series A financing round led by Blackbird, with continued participation from Spider Capital, January Capital, Cendana Capital, and VentureSouq.

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    Hidden Costs of a Data Breach

    2022-02-22

    Dark Reading: If you knew that putting a lock on your front door would lessen the likelihood of your valuables being stolen, would you install a deadbolt? The logical and simple answer would be: yes.

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    The Worldwide Cybersecurity Industry is Expected to Reach $346 Billion by 2028

    2022-02-16

    Yahoo Finance: The global Cybersecurity market was valued at USD 149.7 Billion in 2020 and is projected to reach USD 346.0 Billion by the year 2027. The market is expected to register a CAGR of 13.4% during the forecast period.

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    Cybersecurity M&A Volume Reaches $77.5 Billion in 2021

    2022-02-14

    ZDNet: In a report on 2021, the firm said 83 cybersecurity company capital raises surpassed $100 million. There were fourteen $1 billion mergers and acquisitions, including deals involving McAfee, Augh0, Mimecast, Thycotic, Proofpoint, and Avast. 

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    Hackers Nabbed $1.3 Billion in Ransom Over 2 Years, a New Report Says

    2022-02-10

    BNN Bloomberg: Criminals netted $1.3 billion in ransom payments from hacking victims in the past two years, reflecting a massive surge in cybercrime that has prompted a global effort to stop it, according to a new report from Chainalysis Inc. 

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    More Than $320 Million Stolen in Latest Apparent Crypto Hack

    2022-02-02

    CNBC: One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack.

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    Hackers Move $3.55B Worth of Bitcoin from 2016 Bitfinex Hack

    2022-02-01

    Coin Desk: "So far this morning, 94,643.29 bitcoins ($3.55 billion) have been moved in 23 transactions, from a wallet associated with a theft from Bitfinex in 2016, to a new address," blockchain analytics firm Elliptic said. These originate from a theft suffered by Bitfinex in 2016, the firm added.

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    What the Cybersecurity World Can Learn from Pandemic Response

    2022-01-31

    Tech Radar: COVID-19 has presented a visceral, public, and clear lesson in risk management and response. This got me thinking about how our responses to the pandemic can inform our responses to cyber risk. What can we learn from our successes and mistakes to reduce the likelihood of a breach?

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    65% of Organizations Continue to Rely on Shared Logins

    2022-01-27

    Help Net Security: As organizations look to embrace modern approaches to security in 2022, a strongDM survey has revealed that access management is one of the most crucial factors to achieving this goal.

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