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Industry News: ESG5

    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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    Foresite Cybersecurity Partners With Crowdstrike

    2023-12-05

    Dark Reading: Foresite, announced a new partnership with CrowdStrike, a global leader in cloud-delivered protection of endpoints, cloud workloads, identity, and data protection. 

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    Japanese Tech Lobby Warns Against EU Cybersecurity Labelling Scheme

    2023-12-05

    MarketScreener: Lobby group Japan Association of New Economy has joined U.S. Big Tech to warn against proposed EU cybersecurity labelling rules that they said could hamper their access to the bloc's markets, according to a letter sent to the EU industry chief.

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    Deepfakes Emerge as a Top Security Threat Ahead of the 2024 US Election

    2023-12-05

    CSO: The United States is heading into a crucial election year, with a high-stakes presidential election that could determine the republic’s fate for decades. In addition, all 435 seats in the United States House of Representatives, 34 Senate seats, and 13 governorships are up for grabs, along with thousands of local government elections.

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    Okta Hackers Stole Data on All Customer Support Users in Major Breach

    2023-11-29

    CNBC: The news sent shares down as much as 7% in pre-market trading, although the stock recovered after Okta posted earnings that beat estimates. The company had originally been expected to report earnings after the bell, but moved its report up to the morning shortly after it disclosed the expanded breach in a blog post filed with the SEC.

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    CrowdStrike Forecasts Strong Q4 Revenue on Resilient Cybersecurity Demand

    2023-11-28

    US News: CrowdStrike Holdings on Tuesday forecast fourth-quarter revenue above Wall Street estimates, driven by resilient demand for its cybersecurity offerings in the wake of rising online threats.

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    Fidelity National Financial Shuts Down Network in Wake of Cybersecurity Incident

    2023-11-22

    TechCrunch: Fidelity National Financial, or FNF, a Fortune 500 company that provides title insurance and settlement services for the mortgage and real estate industries, announced that it was the victim of a “cybersecurity incident that impacted certain FNF systems.”

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    CFOs Must Boost Their Cybersecurity Savvy, Former FBI Agent Says

    2023-11-21

    CFO: New Securities and Exchange Commission (SEC) rules requiring the disclosure of processes for identifying material cyber risks — and management’s role and expertise in assessing and managing the risks — may require CFOs to hit the books.

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    How US SEC Legal Actions Put CISOs At Risk And What To Do About It

    2023-11-16

    CSO: With the US Securities and Exchange Commission (SEC) having taken legal action against CISOs at both SolarWinds and Uber, security executives feel the pressure to be absolutely precise when writing up security incidents that the company has decided are material. 

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