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Industry News: ESG5

    North Korean Hackers Blamed for $35 Million Atomic Wallet Crypto Theft

    2023-06-08

    SecurityWeek: A decentralized cryptocurrency wallet service with roughly five million users, Atomic is available on all major operating systems, including Windows, macOS, Linux, Android, and iOS.

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    SEC Cyber Proposals Receive Mixed Feedback From Industry

    2023-06-07

    Plan Adviser: Commenters replying to the Securities and Exchange Commission’s three cybersecurity proposals requested additional flexibility and two years to comply with anything the regulator adopts, based on responses submitted through the deadline.

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    Federal Cyber Incidents Reveal Challenges of Implementing US National Cybersecurity Strategy

    2023-06-05

    CSO: Microsoft revealed on May 24 that the Chinese threat group Volt Typhoon attempted to gain access to communications systems in the United States, including Navy infrastructure on Guam. 

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    Microsoft-Backed Rubrik Hires Banks For IPO

    2023-06-05

    Yahoo Finance: Rubrik Inc, a U.S. cybersecurity software startup backed by Microsoft Corp and valued at $4 billion in a fundraising round two years ago, has hired banks for an initial public offering, four people familiar with the matter said.

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    Binance Aids US Law Enforcement in Seizing $4.4 Million Linked to North Korean Cybercrimes

    2023-05-25

    Blockchain News: Leading cryptocurrency exchange Binance has assisted US law enforcement in seizing $4.4 million and freezing accounts associated with North Korean organized crime. 

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    Palo Alto Lifts Annual Forecasts on Resilient Cybersecurity Spending

    2023-05-23

    Yahoo Finance: Palo Alto Networks Inc. raised its annual forecasts for revenue and adjusted profit as enterprise customers shift to one-stop shops for their cybersecurity needs in a bid to reduce costs.

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    Cybersecurity Firms' Earnings Set to Benefit From Growing Threat of Hacks

    2023-05-22

    US News: Top U.S. cybersecurity companies are expected to report another quarter of strong growth as high-profile hacks and a shift in client preference for bigger players with better integrated offerings help support their businesses in a turbulent economy.

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    Cybersecurity Firm Huntress Raises a $60 million Series C After Doubling Revenue in 2021 and 2022

    2023-05-16

    Yahoo Finance: The rise in cyberattacks is bad news for business—but it has been good news for Huntress, a company that helps small and medium-sized businesses protect themselves against cyberattacks, and just raised its biggest round ever.

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    Is the SEC Targeting Crypto Trading With New Reporting Requirements?

    2023-05-04

    BeinCrypto: Over the past few years, the SEC has tightened its regulatory oversight of cryptocurrency private funds. Admittedly, the SEC is responsible for regulating securities and investments in the United States.

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    FBI Focuses on Cybersecurity With $90M Budget Request

    2023-05-01

    Dark Reading: The FBI is requesting more than $63 million in new funding to fight cyber threats in 2024. On April 27, FBI Director Christopher Wray presented before the House Committee on Appropriations Subcommittee on Commerce, Justice, Science. 

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