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    Industry News: ESG5

      Know Your Breach: Checkout

      The Target: Checkout operates checkout.com and is a global payment processing firm that provides a unified payments API, hosted payment portals, mobile SDK, and plugins to use on existing platforms.

      The Take: Checkout says the threat actor, known as ShinyHunters, gained access to a third-party legacy system that had not been properly decommissioned, which held merchant data from 2020 and earlier, including internal operational documents and onboarding materials

      The Vector: Upon investigation, Checkout determined that this data was obtained by the threat actor gaining unauthorized access to a legacy third-party cloud file storage system, used in 2020 and prior years.

      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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      SEC Drops Civil Fraud Case Against SolarWinds

      2025-11-20

      Yahoo Finance: The Securities and Exchange Commission said it was dropping a landmark civil fraud case against SolarWinds and Tim Brown, the company’s chief information security officer. 

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      Palo Alto Networks to Acquire Observability Platform Chronosphere in $3.35 Billion Deal

      2025-11-19

      SecurityWeek: Chronosphere explains that its platform enables teams to “zero in on the data that’s most useful” and provides insights into every layer of their stack — from the infrastructure to the applications to the business.

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      Nudge Security Raises $22.5 Million Series A to Secure Workforce AI and SaaS

      2025-11-18

      PR Newswire: Nudge Security, the leading innovator in SaaS and AI security governance, announced Series A funding of $22.5 million led by Cerberus Ventures with participation from existing investors Ballistic Ventures, Forgepoint Capital, and Squadra Ventures.

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      Cybersecurity Rules Vex Financial Sector CFOs

      2025-11-18

      CFO Dive: Financial industry CFOs have faced an “an unprecedented tightening of cybersecurity oversight” in recent years, with new rules from entities such as the Federal Trade Commission and the New York State Department of Financial Services, according to the report.

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      Know Your Breach: GlobalLogic

      The Target: GlobalLogic, a provider of digital engineering services part of the Hitachi group.

      The Take: The data stolen in the breach includes personal information collected by GlobalLogic's human resources and, depending on the affected individual, it includes name, address, phone number, and emergency contact (name and phone number). The attackers also exfiltrated the email addresses, dates of birth, nationalities, countries of birth, passport information, national identifiers or tax identifiers (e.g., Social Security Numbers), salary information, and bank account details of impacted employees.

      The Vector: In a breach notification letter filed with the office of Maine's Attorney General, the company states that the attackers exploited an Oracle EBS zero-day vulnerability to steal personal information belonging to 10,471 employees.

      This breach is critical reminder that zero-day exploits do happen, and furthermore that patching software in a timely, effective manner is a key component of ensuring customer data is protected. Ensuring third-party vendors are deploying patches and fixes in accordance with a firm’s cybersecurity policy is an important step in an overall robust security posture.

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      Cybersecurity Firm Deepwatch Lays Off Dozens, Citing Move To ‘Accelerate’ AI Investment

      2025-11-12

      TechCrunch: Deepwatch, a cybersecurity firm that makes an AI-powered detection and response platform, laid off dozens of employees, citing AI as one of the reasons.

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      Google Asks US Court to Shut Down Lighthouse Phishing-as-a-Service Operation

      2025-11-12

      CSO Online: Google is asking to a US court for help in dismantling the infrastructure behind the Lighthouse phishing-as-a-service operation, the latest effort by a technology company to use the legal system to put a dent in cybercrime.

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      Senate Moves to Restore Lapsed Cybersecurity Laws After Shutdown

      2025-11-11

      CSO Online: Two cybersecurity laws that lapsed during the government shutdown moved closer to restoration after the Senate voted 60-40 to advance legislation extending them through January 2026.

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      Cybersecurity Leader Armis Closes $435 Million Round at $6.1 Billion Valuation

      2025-11-05

      Business Wire: Armis, the cyber exposure management and security company, announced a pre-IPO funding round of $435 million, bringing the company’s valuation to $6.1 billion. 

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