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Industry News: ESG5

      Prudential Says Hackers Gained Access to Its Computer Systems

      2024-02-13

      BNN Bloomberg: Prudential Financial Inc. said hackers it believes to be part of a cyber-crime group gained access to some of its information-technology systems and a small percentage of user accounts associated with employees and contractors.

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      Ivanti Gets Poor Marks for Cyber Incident Response

      2024-02-13

      Dark Reading: Here's what's clear about the current cybersecurity state of Ivanti's VPN appliances — they have been widely vulnerable to cyberattack, and threat actors are onto the possibilities. It's up to enterprise cyber teams to decide what comes next.

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      Willis Lease Finance Corp Discloses Cyberattack

      2024-02-13

      SecurityWeek: Aircraft parts dealer Willis Lease Finance Corporation (WLFC) has informed the US Securities and Exchange Commission (SEC) that it fell victim to a cyberattack. According to the SEC filing, the incident was flagged on January 31, when unauthorized activity was detected on portions of its systems.

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      Bank of America Warns Customers Of Data Breach After Vendor Hack

      2024-02-12

      Bleeping Computer: Bank of America is warning customers of a data breach exposing their personal information after Infosys McCamish Systems (IMS), one of its service providers, was hacked last year.

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      Banks Report an Increase in 'High Impact' Breaches as Federal Cybersecurity Bill Idles

      2024-02-12

      CBC: The number of  "high impact" cyber incidents reported by Canada's banks nearly tripled last year, according to the industry's watchdog. The increase comes as a federal bill meant to protect Canada's critical systems — including financial systems — has been sitting idle in parliamentary limbo for months.

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      Endpoint Security Startup NinjaOne Lands $231.5 Million at $1.9 Billion valuation

      2024-02-07

      Yahoo Finance: Just two years ago, VC funding to cybersecurity startups was on fire. Indeed, $23 billion flooded the sector, per Crunchbase. But in 2023, cybersecurity upstarts only saw a third of that -- the result of the exceptional surge in 2021, bloated valuations and investors wary of market instability.

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      Fortinet Beats Q4 Profit on Cybersecurity Demand, Shares Jump

      2024-02-06

      US News: Fortinet reported fourth-quarter profit above analysts' estimates, as enterprises spent more to safeguard their digitized operations against the rising risk of attacks, sending the cybersecurity company's shares up 10.4% in extended trading.

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      ZeroFox Holdings To Be Acquired By Haveli Investments For About $350 Mln

      2024-02-06

      Nasdaq: ZeroFox Holdings, Inc., a provider of external cybersecurity, said it has agreed to be acquired by Haveli Investments, a technology-focused private equity firm, in an all-cash transaction with an enterprise value of about $350 million.

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      Britain, France Lead 35 Nation Agreement on Controlling Spyware, Mercenary Hackers

      2024-02-06

      US News: Countries led by Britain, France and the United States and tech firms including Google, Microsoft and Meta signed a joint statement recognising the need for more action to tackle malicious use of cyber spying tools.

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      Deepfake-Generating Apps Explode, Allowing Multimillion-Dollar Corporate Heists

      2024-02-05

      Dark Reading: Deepfake creation software is proliferating on the Dark Web, enabling scammers to carry out artificial intelligence (AI)-assisted financial fraud with previously unheard of creativity and scope.

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