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    Industry News: ESG5

      FBI Head of Cybersecurity in San Francisco Warns: Look to Inside Threats

      2019-04-16

      Forbes: The arrest of Wikileaks founder Julian Assange marks the first step toward bringing to court one of the most prominent cyber crimes in American history. With cyber-threat actors making a living off of hacked information, it should come as no surprise that U.S. government intelligence agencies are shifting focus and resources to address the issue, which includes $15 billion set aside from the President’s budget for cybersecurity-related activities...

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      A Hacker has Dumped Nearly One Billion User Records Over the Past Two Months

      2019-04-15

      ZDNet:  A hacker who spoke with ZDNet in February about wanting to put up for sale the data of over one billion users is getting dangerously close to his goal after releasing another 65.5 million records last week and reaching a grand total of 932 million records overall. The hacker's name is Gnosticplayers, and he's responsible for the hacks of 44 companies, including last week's revelations...

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      Yahoo Strikes $117.5 Million Data Breach Settlement After Earlier Accord Rejected

      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...

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      Canada ‘Very Likely’ Will be Hit by Foreign Cyber Threats Before October Election: Federal Report

      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...

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      More than 300,000 Cyber Criminals are Selling your Credit Card Details on Facebook, Experts Warn

      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...

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      HSBC’s Voice Recognition Technology has Saved Bank £300 Million in Fraud

      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...

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      Microsoft Seizes Websites it Traces to Iranian Hackers

      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...

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      U.S.-Israeli Cybersecurity Firm Aqua Raises $62 Million

      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...

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      Iran Conducted Cyber Attacks on UK Infrastructure

      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...

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      Hackers Attacked One-Million Plus Asus Users Through Malicious Update

      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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