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Industry News: ESG5

    Cybersecurity Startup Chainguard Almost Triples Valuation To $3.5 Billion After Fundraise

    2025-04-24

    MSN/Reuters: Computer and cloud security startup Chainguard said its latest funding round valued it at $3.5 billion, almost tripling in less than a year, underscoring sustained investor appetite for robust digital infrastructure.

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    FBI: Cybercrime Losses Surpassed $16.6 Billion in 2024

    2025-04-24

    SecurityWeek: The reported losses increased 33% compared to 2023, but the number of complaints received by the IC3 was slightly lower in 2024, at nearly 860,000 (compared to over 880,000 the year before). 

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    Cynomi Cinches $37 Million for its AI-Based 'Virtual CISO' for SMB Cybersecurity

    2025-04-23

    Yahoo Finance: Small and medium businesses are the latest targets for cybersecurity attacks, with one in three small businesses experiencing a data breach last year.

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    Can Cybersecurity Weather the Current Economic Chaos?

    2025-04-21

    Dark Reading: As the Trump administration continues to pursue a chaotic tariff policy — announcing steep tariffs on the United States' major trading partners, only to pause most of the import taxes for 90 days — economists are increasingly predicting a recession in the next 12 months.

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    Bill Extends Cyber Threat Info-Sharing Between Public, Private Sector

    2025-04-16

    Cybersecurity Dive: Two federal lawmakers today introduced a bipartisan bill that preserves key regulation that facilitates the sharing of cyber-threat data between private companies and the federal government.

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    CISA Extends Funding to Ensure 'No Lapse in Critical CVE Services'

    2025-04-16

    Bleeping Computer: CISA says the U.S. government has extended MITRE's funding to ensure no continuity issues with the critical Common Vulnerabilities and Exposures (CVE) program.

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    Ex-CISA Chief Chris Krebs Leaving SentinelOne Following Trump Pressure

    2025-04-16

    Investing.com: Christopher Krebs, whom President Donald Trump fired as head of the Cybersecurity and Infrastructure Security Agency in 2020, said he is leaving cybersecurity company SentinelOne following pressure from the White House.

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    C-suite Disconnect on Cybersecurity Threatens Business Value and Resilience, EY Study Finds

    2025-04-14

    PR Newswire: New research from Ernst & Young LLP highlights significant financial risks posed by today's evolving cybersecurity threat landscape, with alarming disconnects across the C-suite on exposure levels, threat sources and more. 

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    Report: OCC Hack Prompts Information Sharing Limits From Big Banks

    2025-04-14

    PYMNTS.com: A Bloomberg report says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with the Office of the Comptroller of the Currency (OCC) following a significant breach of the regulator’s email system.

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    Know Your Breach: Sensata Technologies

    The Target: ​Sensata Technologies is an industrial technology company that develops, manufactures, and sells a wide range of sensors and sensor-rich solutions, as well as electrical protection components and systems.

    The Take: A preliminary investigation with assistance from external cybersecurity experts confirmed that the hackers have exfiltrated data from the company network.

    The Vector: Data theft is a common tactic used by ransomware actors to extort victims, increase pressure to pay a ransom, and create legal and regulatory complexities. Currently, Sensata is still determining what files were stolen in the attack and will notify impacted individuals and regulatory authorities as needed, based on the results of its investigation.

    This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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