ETF Trends: Cybersecurity is such an important theme that there an entire month devoted to awareness of it. For investors, the relevance of cybersecurity lasts for all 12 months of the year, and there are multiple avenues for addressing that relevance.
World Economic Forum: With G7 officials recently endorsing principles for central bank digital currencies (CBDC), and over 80 countries launching some form of initiative related to CBDC, it seems their widespread deployment is a matter of time.
BBC: The National Cyber Security Centre says it handled a record 777 incidents between August 2020 and September 2021. Its annual review said protecting the health sector became an urgent priority over the period.
Dark Reading: As the cryptocurrency and digital asset markets mature, so have hackers' approaches to compromising exchanges, asset owners, and other parts of the crypto-financial ecosystem. Whereas cryptocurrencies' role in attacks used to simply be ransomware payments, the market has changed.
Coin Desk: Millions of email addresses associated with the crypto market data website CoinMarketCap (CMC) have reportedly been compromised.
ZDNet: Compromising a business supply chain is a key goal for cyber attackers, because by gaining access to a company that provides software or services to many other companies, it's possible to find a potential way into thousands of targets at once.
Institutional Investor: Traditional asset managers, hedge funds, and private equity firms are spending billions to protect against hackers and cybersecurity attacks. But public pension plans, which are often understaffed and underfunded, are among the most vulnerable. Still, no matter how much is spent to protect vulnerable systems, the breaches often involve simple ruses.
Legal Reader: The institutions offering financial services are 300 times more exposed to the threat of cyber criminals. According to the latest survey of KPMG Business Instincts, many C-suites are always at the risk of some form of cyber-attack due to low technology investment. If the companies continue overlooking the pressing and rising concern surrounding cyber security, they are at risk of losing everything.
Private Equity Wire: Over the past 18 months, the shift towards working from home has exposed private equity firms to a far higher threat of cyberattacks, and many have wanted to review their cybersecurity options to ensure good defences against cyber-attack, says George Ralph, Global Managing Director and CRO of business IT consultancy RFA, who specialise in cloud, data, and cybersecurity solutions.
Financial Post: CSC, a world leader in business, legal, tax, and domain security, released its annual Domain Security Report: Forbes Global 2000 Companies, which found that despite the shift to modernize business environments and operations among the Global 2000 companies, web domains remain dangerously under protected.
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