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    Industry News: ESG5

      MainStreet Bank Reports Vendor Cyber Incident That Leaked Customer Info

      2025-06-02

      The Record: MainStreet Bank said a cyberattack affecting one of its vendors exposed the sensitive information of about 5% of its customers. In regulatory filings with the Securities and Exchange Commission (SEC), MainStreet Bancshares said it was informed in March that the vendor was compromised.

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      Report: Coinbase Learned of Data Breach in January

      2025-06-02

      PYMNTS: Coinbase reportedly knew in January about a data breach at an outsourcing company that it publicly disclosed May 14 in a filing with the Securities and Exchange Commission (SEC).

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      Know Your Breach: Cooper Health System

      The Target: Camden, New Jersey-based Cooper Health System

      The Take: The potentially affected information included individuals’ names, dates of birth, Social Security numbers, health insurance information, treatment information, medical record numbers and medical history information.

      The Vector: During the investigation, Cooper discovered that certain data stored in its systems was potentially acquired without authorization.

      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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      Cybersecurity Provider Netskope Taps Morgan Stanley For US IPO, Sources Say

      2025-05-28

      Yahoo Finance: Cybersecurity firm Netskope has hired Morgan Stanley to lead preparations for a U.S. initial public offering that could raise more than $500 million, according to people familiar with the matter.

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      Zscaler Enters Agreement To Buy Red Canary

      2025-05-28

      Cybersecurity Dive: Zscaler said it had agreed to buy Red Canary, a leading provider of managed detection and response technology. Zscaler, a top cloud security vendor, said the agreement will help it disrupt competitors’ legacy security operations. 

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      Check Point Acquires Veriti Cybersecurity to Bolster Defense

      2025-05-27

      Investing.com: In a move to enhance its cybersecurity offerings, Check Point Software Technologies Ltd. has announced the acquisition of Veriti Cybersecurity, a company specializing in automated threat exposure and mitigation. 

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      Banking Groups Ask SEC to Drop Cybersecurity Incident Disclosure Rule

      2025-05-26

      Cointelegraph: American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal its cybersecurity incident public disclosure requirements. 

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      H.I.G. Capital Announces Strategic Growth Investment in AgileBlue to Accelerate AI-Powered Cybersecurity for the Mid-Market

      2025-05-22

      PR Newswire: H.I.G. Growth Partners ("H.I.G. Growth"), the dedicated growth capital investment affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $69 billion of capital under management, is pleased to announce its investment in AgileBlue (or the "Company"), an AI-powered Security Operations platform that detects, investigates, and auto-responds to cyber threats across cloud, network, and endpoint environments.

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      Cybersecurity is in a Pivotal Moment With AI, Says Palo Alto Networks CEO

      2025-05-20

      CNBC: According to Nikesh Arora, even “naysayers” of AI are now trying to move data to the cloud in order to keep up with competitors. New AI models require the cloud, he said, claiming that businesses will be left behind if they don’t move their company to the platform.

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      30% of Data Breaches Involve Victims’ Third-Party Suppliers and Vendors

      2025-05-19

      PYMNTS: Thirty percent of data breaches that occurred during the year ended Oct. 31 involved a third party, according to Verizon.

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