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Industry News: ESG5

    SEC Account Hack Renews Spotlight on X's Security Concerns

    2024-01-09

    US News: The hack of the U.S. Securities and Exchange Commission's official account on X renewed concerns about the social media platform's security since its takeover by billionaire Elon Musk in 2022.

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    AI Advances Risk Facilitating Cyber Crime, Top US Officials Say

    2024-01-09

    Yahoo News: Advances in artificial intelligence may facilitate hacking, scamming and money laundering by reducing the technical know-how required to carry out such crimes, top U.S. law enforcement and intelligence officials said 

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    SentinelOne Acquires Peak XV-Backed PingSafe For Over $100 Million

    2024-01-08

    TechCrunch: SentinelOne’s deal to acquire PingSafe values the Peak XV-backed young startup at over $100 million, two sources familiar with the matter told TechCrunch, in one of the strongest and fastest exits emerging from India.

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    Google Cloud Report Spotlights 2024 Cybersecurity Challenges

    2024-01-02

    Security Boulevard: As the New Year dawns, a cybersecurity report from Google Cloud suggests that while there are many challenges ahead, it will also become simpler for cybersecurity teams to leverage artificial intelligence (AI) to better defend IT environments.

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    Early-Stage Hard Tech Firm Countdown Capital Shutting Down

    2024-01-02

    TechCrunch: Countdown Capital, an early-stage venture capital firm focused on hard tech industrial startups, will shut down by the end of March and return uninvested capital, firm founder and solo general partner Jai Malik said in an annual letter.

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    Four Ways Companies Can Respond And More Effectively Comply With The SEC’s New Cybersecurity Rules

    2024-01-02

    SC Media: With two major actions in the last six months of 2023, the Securities and Exchange Commission (SEC) has made it clear that it plans to get tough on cybersecurity.

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    Companies Are Still Trying to Figure Out How to Comply With SEC Cyber Rules

    2023-12-18

    BNN Bloomberg: Some public companies are still trying to figure out how to comply with new rules from the US Securities and Exchange Commission requiring speedy disclosure of significant cyberattacks.

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    Apparel Giant VF Reports Cyberattack on First Day of SEC Disclosure Rule

    2023-12-18

    The Record: One of the biggest apparel companies in the world reported a “material” cyberattack to the U.S. Securities and Exchange Commission (SEC) on the first day that a new cyber incident reporting rule went into effect.

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    US Regulator Floats Cybersecurity Plan in Response to Ion Hack

    2023-12-13

    BNN Bloomberg: The Commodity Futures Trading Commission proposed new cybersecurity rules for brokerages and swaps dealers in response to this year’s highly disruptive ransomware attack on software company Ion Trading UK. 

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    Blackstone Provides $1 Billion in Private Credit for Cybersecurity Firm BeyondTrust

    2023-12-07

    Yahoo Finance: Blackstone Inc. has provided a more than $1 billion private credit loan package for BeyondTrust, a cybersecurity company, according to people with knowledge of the transaction.

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