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    Industry News: ESG5

      The Devil of Proposed SEC AI Disclosure Rule is in the Details

      2025-12-17

      CSO Online: A US Securities and Exchange Commission committee has recommended a new rule that would mandate companies to analyze and report all AI efforts — including decisions to not use AI for some purposes. 

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      Adaptive Security Raises $81 Million Series B to Stop AI-Powered Cyber Threats

      2025-12-16

      PR Newswire: Adaptive Security announced it has raised an $81 million Series B funding round led by Bain Capital Ventures, with participation from NVentures (NVIDIA's venture capital arm), OpenAI Startup Fund, Andreessen Horowitz (a16z), Abstract Ventures, Capital One Ventures, and Citi Ventures. 

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      700Credit Data Breach Impacts 5.8 Million Individuals

      2025-12-15

      SecurityWeek: 700Credit is the largest provider of credit checks, identity verification, fraud detection, and compliance services for automotive, marine, power sports, and RV dealers in North America. It serves roughly 18,000 dealerships.

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      ServiceNow in Talks to Acquire Cybersecurity Startup Armis in Potential $7 Billion Deal, Bloomberg Reports

      2025-12-14

      CNBC: The deal, which could reach $7 billion in value, would be ServiceNow’s largest acquisition, the outlet said, citing people familiar with the situation who asked not to be identified because the talks are private. 

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      Know Your Breach: Inotiv

      The Target: Inotiv is an Indiana-based contract research organization specializing in drug development, discovery, and safety assessment, as well as live-animal research modeling.

      The Take: The compromised information, it told the Texas AGO, includes names, addresses, Social Security numbers, driver’s license numbers, ID numbers, credit or debit card numbers, medical and health insurance information, and dates of birth.

      The Vector: When it disclosed the incident, Inotiv said that the attack had disrupted business operations after some of its networks and systems (including databases and internal applications) were taken down.

      This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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      FINRA Flags GenAI, Cyber Fraud, and Sales Practices in 2026 Regulatory Agenda

      2025-12-09

      Investment News: FINRA has placed generative AI and cyber-enabled fraud high on its 2026 regulatory agenda, warning broker-dealers and RIAs that emerging technology and long‑standing compliance gaps are converging into higher risk for investors.

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      More Than $2 Billion in Payments From 4,000 Ransomware Incidents Reported to Treasury in Recent Years

      2025-12-08

      The Record: The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) released a study last week covering 4,194 ransomware incidents that were reported through the Bank Secrecy Act over the three-year period. 

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      Resemble AI Raises $13 Million for AI Threat Detection

      2025-12-08

      SecurityWeek: Founded in 2019, California-based Resemble AI has built an AI detection platform that helps organizations identify AI-generated deepfakes and prevent fraud and other types of attacks.

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      Blackstone CTO Says Data Leaks Keep Him Up At Night

      2025-12-03

      Yahoo News/Reuters: Blackstone's Chief Technology Officer ​is increasingly concerned about ‌data leaks and which platforms can help ‌manage safety, he told the Reuters NEXT conference in New York.

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      Police Disrupt 'Cryptomixer,' Seize Millions in Crypto

      2025-12-01

      Dark Reading: Though many people believe cryptocurrency is untraceable, that, generally speaking, is far from the truth. When cybercriminals obtain cryptocurrency in, say, a ransomware attack, a key step in the process is mixing, or laundering, the crypto. 

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