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Industry News: ESG5

    2020 Was A Record Year for Phishing Sites

    2021-01-14

    Tech Radar: The number of phishing sites created last year reached a record-high as cybercriminals looked to capitalize on the pandemic as well as the unprecedented number of employees working from home.

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    The Online Criminals Are At It Again – Brokers Beware As FXCM Hit for Third Time

    2021-01-13

    Finance Feeds: FXCM has been hacked three times in five years, this time it’s Israel office being the target. The first time was in 2015, when customer money was withdrawn by fraudsters, sending the shares to an all time low. This time, FXCM Israel says no customer accounts were compromised. We explain why cyber security is vital in our industry.

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    Scammers Are Claiming to Sell Covid-19 Vaccines On the Dark Web for Up to $1,000 Worth of Bitcoin

    2021-01-13

    CNBC: Sellers on the so-called dark web have been putting out an increasing number of advertisements for Covid-19 vaccines, asking for bitcoin as payment and not delivering the goods, according to cybersecurity firm Check Point.

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    White Ops Announces Acquisition by Goldman Sachs Merchant Banking, ClearSky Security, and NightDragon

    2021-01-04

    Yahoo Finance: The acquisition will support White Ops in its next phase of growth and further accelerate its expansion into new markets. The Company's core focus is to protect enterprises from sophisticated bot attacks and fraud across the domains of cybersecurity, digital advertising, and marketing, serving some of the largest enterprises and internet platforms.

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    Financial Inclusion and Cybersecurity in the Digital Age

    2020-12-10

    IMF: Kristalina Georgieva , IMF Managing Director. (Virtual) Conference on Financial Inclusion and Cybersecurity. Co-hosted by International Monetary Fund, Carnegie Endowment for International Peace, World Bank, and the World Economic Forum.

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    Cybereason Brings Valuable Perspective to Cybersecurity

    2020-12-10

    Forbes: Effective cybersecurity requires an understanding of the adversary. Insight into the motivation behind attacks and the steps attackers take enables you to anticipate and defend against those attacks. Attacks have become more complex and sophisticated, though, as the line between cyber criminals and nation states has gotten fuzzy in recent years. As technology evolves and the threat landscape expands, it is important for cybersecurity vendors to fight fire with fire and be prepared to defend effectively against cyber attacks.

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    Hackers Access Documents Related to Authorized COVID-19 Vaccines

    2020-12-09

    CNet: Hackers were able to get documents related to approved COVID-19 vaccines after they hit the European Medicines Agency with a cyberattack. The attackers "unlawfully accessed" regulatory documents related to the coronavirus vaccine candidate put forward by biotech firm BioNTech and partner pharmaceutical company Pfizer, BioNTech said in a statement.

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    Acronis Cyberthreats Report Predicts 2021 Will Be the "Year of Extortion"

    2020-12-03

    Cision: Acronis, a global leader in cyber protection, today released its Acronis Cyberthreats Report 2020, its in-depth review of the current threat landscape and projections for the coming year. Based on the protection and security challenges that were amplified by the shift to remote work during the COVID-19 pandemic, Acronis warns 2021 will bring aggressive cybercrime activity as criminals pivot their attacks from data encryption to data exfiltration.

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    Why Data Protection And Cybersecurity Can't Be Separate Functions

    2020-11-25

    Forbes: Companies often separate cybersecurity and data protection by forming two independent teams and buying different software to address each of these issues apart. Maintaining and managing two teams, together with two software sets, involves high IT costs and administrative expenses.

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    $100+ Billion AI in Cyber Security Markets - Global Industry Analysis and Growth Forecast to 2030

    2020-11-24

    BusinessWire: The AI in cyber security market is projected to generate a revenue of $101.8 billion in 2030, increasing from $8.6 billion in 2019, progressing at a 25.7% CAGR during the forecast period (2020-2030).

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