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    Industry News: ESG5

      Cyber Criminals Are Spending Longer Inside Business’ Networks After the Initial Breach

      2022-06-08

      Tech Central: Rogue actors who do not use ransomware are spending the most time inside small businesses with the average dwell time observed to be 51 days in organisations with fewer than 250 employees. Attackers targeting larger (3,000-5,000 employees) organisations spend on average just 20 days inside.

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      Nearly 3 in 4 family Offices Faced Cyber Breaches in Recent Years: EY

      2022-06-07

      Business Times: ALMOST 3 quarters or 74 per cent of single family offices (SFO) surveyed by EY experienced some form of cybersecurity or data breach in recent years, according to a new study conducted by the advisory services firm.

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      Bad News: The Cybersecurity Skills Crisis is About to Get Even Worse

      2022-06-01

      ZDNet: Nearly a third of the cybersecurity workforce is planning to leave the industry in the near future, new research suggests, leaving organizations in a troubling position as the threat landscape evolves "at an alarming rate".

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      'Cybersecurity Disclosure Can Make Companies Vulnerable to Attacks'

      2022-05-30

      FT Adviser: Our increasing reliance on technology has positives but it can also bring the bad, and when it comes to disclosure, this can make a company more vulnerable to cyber attacks, warns Carlota Garcia-Manas.

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      New Hedge Fund Cybersecurity Report Reveals Changes Firms are Making in a Post-Pandemic World

      2022-05-24

      Cision: Agio, a leading cybersecurity and managed IT provider for financial services firms, published its inaugural 2022 Hedge Fund Cybersecurity Trends Report today. The survey was conducted in Q1 and captured the opinions and perceptions of recent, current, and future cybersecurity programs, readiness, and initiatives from 100 hedge fund practitioners across the technology, operations, cybersecurity, and compliance fields.

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      Ransomware Gangs Rely More on Weaponizing Vulnerabilities

      2022-05-19

      Bleeping Computer: Security researchers are warning that external remote access services continue to be the main vector for ransomware gangs to breach company networks but there's a notable uptick in exploiting vulnerabilities.

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      Ballistic Ventures Launches $300 Million Cybersecurity Venture Fund

      2022-05-17

      SC Media: The firm, which launched last year, is headed by Ted Schlein, formerly of Kleiner-Perkins, who is also on the board of trustees of the non-profit national security venture capital group In-Q-Tel and the board of the CISA Cybersecurity Advisory Committee.

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      Cybersecurity Agencies Reveal Top Initial Access Attack Vectors

      2022-05-17

      Bleeping Computer: The advisory, jointly released by agencies from the United States, Canada, New Zealand, the Netherlands, and the United Kingdom, includes guidance to mitigate these routinely exploited weak security controls, poor security configurations, and bad practices.

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      Scammer Posed as Cybersecurity Chief in Phishing Email

      2022-05-10

      ZDNet: A record number of scams have been removed from the internet as part of a scheme to help protect people from fraud and cybercrime. The National Cyber Security Centre (NCSC) says it removed a total of 2.7 million scams, illicit domains and phishing services during 2021, nearly four times more than during 2020.  

      World’s Largest Cybersecurity Benchmarking Study Finds that Top Executives Believe their Organizations are Not Prepared for New Era of Risk

      2022-05-10

      Yahoo Finance: ThoughtLab, a leading global research firm, today announced the findings of its 2022 cybersecurity benchmarking study, Cybersecurity Solutions for a Riskier World.

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