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Industry News: ESG5

    Cybersecurity Professional Accused of Stealing $9M in Crypto

    2023-07-11

    Yahoo News: The U.S. government accused a cybersecurity professional of hacking a cryptocurrency exchange and stealing around $9 million in cryptocurrency, in what looks like a case of an ethical hacker turning rogue, then trying to appear ethical again.

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    Resilience at the Core of the Current and Future Biden Administration Cybersecurity Plans

    2023-07-05

    CSO: The Biden administration's cybersecurity initiatives broadly aim to improve cybersecurity resilience, with recent regulations and other actions designed to foster a "defensible, resilient ecosystem."

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    IK Sells Stake in Cybersecurity Specialist Pr0ph3cy to Carlyle

    2023-07-04

    Private Equity Wire: This transaction represents the first exit from the Development Capital pool within the IK SC III Fund, after a holding period of under two years. IK will be reinvesting alongside Carlyle and the management team. 

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    BlackBerry Posts Surprise Profit Thanks to Cybersecurity Strength, Shares Soar

    2023-06-28

    Yahoo Finance: BlackBerry posted a surprise profit for the first quarter as its cybersecurity business benefited from higher client spending, while its enterprise software continued to gain traction in automotive sector.

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    Data Security Startup Cyera Lands a $100M Investment

    2023-06-27

    Yahoo News: A trend accelerated by the mass move to digital during the pandemic, enterprises are having to handle an increasing amount of proprietary data.

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    Cyber Breach Claims CalPERS Member Data

    2023-06-22

    Financial Standard: The California Public Employees' Retirement System (CalPERS) is alerting its retired members and their relevant family members that some of their personal information was downloaded in an attack on one of its third-party providers' systems.

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    Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack

    2023-06-14

    CoinDesk: Floating Point Group (FPG), an institutional trading desk specializing in cryptocurrencies, suffered a cyber attack on Sunday, June 11, which resulted in a loss of between $15 million and $20 million in crypto, a spokesman for the firm told CoinDesk.

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    CISA: LockBit Ransomware Extorted $91 Million in 1,700 U.S. Attacks

    2023-06-14

    Bleeping Computer: U.S. and international cybersecurity authorities said in a joint LockBit ransomware advisory that the gang successfully extorted roughly $91 million following approximately 1,700 attacks against U.S. organizations since 2020.

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    ‘Aggressive’ China Cyberattacks Are The ‘Defining Threat’ Of Our Time, Top U.S. Cyber Official Says

    2023-06-13

    CNBC: China’s cyber-espionage and sabotage capacities are an “epoch-defining threat,” the top U.S. cybersecurity official said, warning that in the event of open warfare “aggressive cyber operations” would threaten critical U.S. transportation infrastructure “to induce societal panic.”

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    Canadian Firms Slow in Responding to Cyber Attacks, Report Suggests

    2023-06-13

    IT World Canada: It can take Canadian organizations up to 48 days to detect and recover from a cyber attack, according to a new survey of infosec professionals.

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