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    Industry News: ESG5

      Cyber Attacks Causing Reputational Damages: CIRA

      2024-10-01

      BNN Bloomberg: As the number of cyber-attacks has risen in recent years, a new survey finds that the incidents are leading to reputational damages amongst impacted organizations. The Canadian Internet Registration Authority (CIRA) released the results of its latest annual Cyber Security Survey.

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      Palo Alto Networks and Deloitte Expand Partnership for AI Cybersecurity

      2024-10-01

      Yahoo Finance: Palo Alto Networks and Deloitte announced an expansion of their strategic alliance into the EMEA and JAPAC regions, making Palo Alto Networks AI-powered cybersecurity solutions and joint offerings available to Deloitte clients globally.

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      Know Your Breach: AutoCanada

      The Target: Car dealership company AutoCanada, which has 66 dealerships.

      The Take: The data that has been exposed includes full names, addresses, dates of birth, payroll information, including salaries and bonuses, social insurance numbers, bank account numbers used for direct deposits, scans of government-issued identification documents, and any personal documents stored on a work computer or drives tied to a work computer.

      The Vector: The threat actors published terabytes of data allegedly stolen from AutoCanada, including databases, NAS storage images, executives' information, financial documents, and HR data.

      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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      Torq, Which Automates Cybersecurity Workflows, Raises $70 Million in New Capital

      2024-09-24

      TechCrunch: As the volume of cyberattacks grows, there’s increasing interest from the corporate sector in tech to help automate responses to breaches. Per a 2023 survey from analytics firm Devo, 80% of security leaders expected expanded investments in security automation technology this year; most cited the tech’s potential to support cyber-threat mitigation.

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      Wiz In Talks to Sell Shares at Valuation as High as $20 Billion

      2024-09-24

      BNN Bloomberg: Cybersecurity startup Wiz Inc. is in discussions to sell existing shares at a valuation as high as $20 billion, according to people with knowledge of the matter.

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      MoneyGram Goes Offline After Vague Cyber Woes

      2024-09-24

      Dark Reading: MoneyGram's systems and payment services are down due to a "cybersecurity issue," with no clear timeline as to when it will be back up and running once more. The money-wiring service's in-person and online payment systems have been down since Friday, Sept. 20. 

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      UK, US, and Canada Join Forces on Cybersecurity and AI Research

      2024-09-23

      Tech Monitor: The UK, the US, and Canada are set to collaborate on research, development, testing, and evaluation of technologies related to artificial intelligence (AI), cybersecurity, resilient systems, and information domain-related innovations.

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      Palo Alto Networks CEO Says Cybersecurity Has ‘Become an Arms Race’

      2024-09-19

      BNN Bloomberg: The demand for comprehensive cybersecurity services is only going to keep growing as businesses face new threats on a daily basis, the head of Palo Alto Networks says.

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      New National Cybersecurity Campaign Promotes the Power of a 9-Second Pause

      2024-09-18

      Yahoo Finance: Craig Newmark Philanthropies, in partnership with Wondros, has launched a national cybersecurity public service campaign to help Americans become more resilient against increasingly pervasive and sophisticated cyber threats.

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      US Healthcare Spending More on AI, Cybersecurity, Other IT Investments

      2024-09-17

      Yahoo Finance: A new study from Bain & Company and KLAS Research shows US healthcare providers and payers are boosting their investment in AI, cybersecurity, and other IT areas to support innovation and improve operations.

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