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    Industry News: ESG5

      What The White House Executive Order On AI Means For Cybersecurity Leaders

      2023-10-31

      CSO: Artificial intelligence continues to snare the technological limelight and, rightly so as we move well into the final quarter of 2023, there is wide international interest in harnessing the power of AI.

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      US-Led Cybersecurity Coalition Vows To Not Pay Hackers’ Ransom Demands

      2023-10-31

      TechCrunch: The U.S. government and dozens of foreign allies have pledged never to pay ransom demands in a bid to discourage financially motivated hackers and ransomware gangs profiteering from cyberattacks.

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      FTC Orders Non-Bank Financial Firms to Report Breaches in 30 Days

      2023-10-30

      Bleeping Computer: The U.S. Federal Trade Commission (FTC) has amended the Safeguards Rules, mandating that all non-banking financial institutions report data breach incidents within 30 days.

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      Okta Cybersecurity Breach Wipes Out More Than $2 Billion In Market Cap

      2023-10-23

      CNBC: Okta has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems. The high-profile incident is the latest in a string of incidents that have been tied to Okta or its products, including a spate of intrusions at casinos that crippled Las Vegas hotel rooms for days.

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      "Cybersecurity in the Cloud Era: Financial and Operational Impacts Decoded"

      2023-10-19

      PR Newswire: Measured Analytics and Insurance, the AI-powered cyber insurance provider to small and midsize enterprises (SMEs), introduced its latest white paper, "Cybersecurity in the Cloud Era: Financial and Operational Impacts Decoded."

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      Cybersecurity Funding Sees Slight Bounce Back From Q2, But Still Down From 2022

      2023-10-19

      Crunchbase: Venture funding to cybersecurity startups in the third quarter saw a slight uptick from Q2, but was still down 30% year to year. According to Crunchbase data, cybersecurity startups raised nearly $1.9 billion through 153 deals announced in Q3, a 12% increase from the $1.7 billion raised in 181 deals the previous quarter. 

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      Cybersecurity Software Provider SecureW2 Raises $80 Million From Insight Partners

      2023-10-19

      Verdict: Cybersecurity software-as-a-service (SaaS) company SecureW2 has raised $80m in funding from Insight Partners. SecureW2 is engaged in offering a suite of passwordless security software solutions, with headquarters in the Netherlands and regional hubs in the US and India.  

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      UAE, US Partner to Bolster Financial Services Cybersecurity

      2023-10-17

      Dark Reading: The US Treasury Department and the Cyber Security Council of the United Arab Emirates have agreed to share more information on cybersecurity threats and incidents affecting the financial services industry.

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      Half of Canadian SMBs Say Keeping on Top of Cybersecurity Threats is Their Biggest Challenge

      2023-10-12

      GlobeNewswire: Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), released a new report, Cybersecurity for SMBs: Navigating Complexity and Building Resilience.

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      SYN Ventures Announces $75 Million Seed Fund for US Cybersecurity Firms

      2023-10-12

      SecurityWeek: The new Seed Fund I brings the firm’s total assets under management to more than $600 million. The final closing is expected for later this quarter. 

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