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    Industry News: ESG5

      Brazen Crooks Are Now Posing as Cybersecurity Companies to Trick You into Installing Malware

      2022-07-11

      ZDNet: Brazen cyber criminals are now posing as cybersecurity companies in phishing messages that claim the recipient has been hit by a cyberattack and that they should urgently respond in order to protect their network.

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      Cybersecurity M&A Roundup: 45 Deals Announced in June 2022

      2022-07-07

      Security Week: A SecurityWeek study showed that more than 430 cybersecurity mergers and acquisitions were announced in 2021. SecurityWeek will soon also publish an M&A analysis for the first half of 2022.

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      The Cyber-Asset Management Playbook for Supply Chain Modernization

      2022-07-06

      Dark Reading: The recent upheaval in the supply chain is unprecedented, thanks to ongoing disruptions tied to the pandemic, financial and trade sanctions stemming from Russia's war in Ukraine, cyberattacks targeting the supply chain, and other factors.

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      Ignoring Cybersecurity Can Sour M&A Deals

      2022-07-05

      Forbes: When a private equity firm had acquired a midsized manufacturer late last year, little did they know that someone else had set on the same target as well. Just two months after it was purchased, a cybercriminal organization launched a crippling ransomware attack that locked up the manufacturer’s systems.

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      Cybersecurity Startups, Once the VC Darling, Hammered by Layoffs

      2022-06-29

      Tech Crunch: On the face of it, the cybersecurity sector is doing just fine. Demand for cybersecurity products remains high as cyberattacks continue to blight both public and private-sector businesses, and investor enthusiasm for all things cyber-related remains strong.

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      What Drives Private Equity Firms to Acquire Cybersecurity Companies

      2022-06-28

      Gulf Business: Digital transformation has moved to the top of corporate agendas in nearly every vertical in the region. Over the last couple of years, organisations have digitised at great speed to adapt to hybrid work and achieve greater efficiency and competitiveness.

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      Ransomware is the Biggest Global Cyber Threat. And the Attacks are Still Evolving

      2022-06-28

      ZDNet: Ransomware is the biggest cybersecurity threat facing the world today, with the potential to significantly affect whole societies and economies – and the attacks are unrelenting, the head of the National Cyber Security Centre (NCSC) has warned. 

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      Phishing Reaches All-time High in Early 2022

      2022-06-15

      Help Net Security: The APWG’s Phishing Activity Trends Report reveals that in the first quarter of 2022 there were 1,025,968 total phishing attacks—the worst quarter for phishing observed to date. This quarter was the first time the three-month total has exceeded one million. There were 384,291 attacks in March 2022, which was a record monthly total.

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      Got Hit by a Cyberattack? Hackers Will Probably Come After You Again - Within a Year

      2022-06-15

      ZDNet: Most companies that get hit by a cyberattack are likely to fall victim again – sometimes repeatedly – as many struggle to improve their cybersecurity strategy, even after incidents. 

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      Businesses Need to Be More Aggressive with Their Cyber Security, Cisco Warns

      2022-06-15

      ITPro: Governments have published numerous advisories warning businesses of the increased risk of spillover cyber attacks from the ongoing cyber war. Being aggressive with security can help keep out adversaries that are currently scanning businesses for weak points that have network access, Cisco’s experts said at Cisco Live 2022.

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