Industry News: ESG5

2019-04-09

Reuters:  Yahoo has struck a revised $117.5 million settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history. The proposed class-action settlement made public on Tuesday was designed to address criticisms of U.S. District Judge Lucy Koh in San Jose, California. She rejected an earlier version of the accord on Jan. 28, and her approval is still required...

2019-04-08

IT World Canada:  Despite widespread publicity, finger-pointing and the laying of criminal indictments, some countries continue trying to interfere online with democratic processes around the world. As a result Canada’s electronic spy agency believes it is now “very likely” Canadians voters will encounter some form of foreign cyber interference during the run-up to October’s federal election, most likely through disinformation — commonly called fake news...

2019-04-08

TheSun:  Cyber-crime Facebook groups where members buy and sell the credit card numbers of fraud victims and share other online crime tips have been uncovered by a report. A total of 74 groups have been found so far and they contain around 385,000 members...

2019-04-01

Tech Digest:  Technology which enables HSBC customers to access bank accounts using their voice as a password has prevented over £300 million falling into the hands of fraudsters since it launched in the UK, claims the bank. More than 1.6 million HSBC customers across the UK now use VoiceID, which launched in 2016. HSBC said attempted frauds have been growing, with general increased activity by fraudsters thought to be as a result of a significant number of third-party data breaches as well as phishing emails and scam text messages in recent years...

2019-03-27

New York Times:  Microsoft took control of 99 websites that it said Iranian hackers had used to try to steal sensitive information from targets in the United States, according to court documents unsealed Wednesday. By taking over the sites, Microsoft can stop future cyberattacks and monitor how previously infected computers were compromised, the company said...

2019-04-03

Reuters:  U.S.-Israeli cybersecurity firm Aqua Security said on Wednesday it raised $62 million in a funding round led by Insight Partners, bringing the company’s total venture funding to more than $100 million. Aqua’s existing investors - Lightspeed Venture Partners, Microsoft’s venture fund M12, TLV Partners and Israeli billionaire Shlomo Kramer - also participated in the round...

2019-04-03

Silicon:  The risk of data security incidents is increasing as pension funds insufficiently factor cybersecurity into their risk assessments, Dutch pensions supervisor De Nederlandsche Bank (DNB) has warned. In its annual security monitor, the regulator said that financial institutions, including pension funds, insufficiently evaluated their risk management in this area, or failed to anticipate developments in data security...

2019-03-25

Reuters: Hackers were able to deliver malware to the more one million-plus Asus computer owners last year by hijacking the company’s software update system, security researchers said on Monday. Moscow-based cyber security provider Kaspersky Lab said the attack took place between June and November last year and was used to deliver a software update with a “backdoor” that would give hackers access to infected machines...

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2019-03-27

Zdnet: Imagine you're a teenager, applying for credit to buy your first car or maybe a loan to go to university. You don't remember taking out a credit card when you were six years old, but the bank is adamant, and now you have a poor credit rating and in their eyes, you're persona non grata. That future suddenly isn't so bright. How could this be? Cyber criminals are hacking into sensitive networks to steal the identities of children and are selling it on in underground market places...

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2019-03-19

CBC: It starts with what sounds like a promising phone call: For a one-time fee, you can lower the interest rate on your credit card. But the person on the other end of the line isn't with your bank or credit card company: They're a fraudster, looking to cash in on a common frustration.And what they're really after is your identity...

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