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Industry News: ESG5

    US Begins Seizure of 48 DDoS-for-hire Services Following Global Investigation

    2022-12-15

    ITPro: The US' Department of Justice (DoJ) has begun the seizure of 48 DDoS-for-hire services and brought criminal charges against six individuals involved.

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    California Probes Cyberattack Against State’s Finance Department

    2022-12-12

    Yahoo Finance: California’s finance department has been hit by a cybersecurity attack, and a notorious ransomware group is claiming responsibility.

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    Recession Hits Cybersecurity Companies Hard As Layoffs Mount

    2022-12-08

    CTech: The cybersecurity industry is not immune. This message has been internalized over the past week in the technology sector. It started with U.S. company CrowdStrike, which is considered one of the biggest players in the market. The company revealed good results in its financial reports for the third quarter, but the CEO admitted that customers are cutting expenses and postponing purchases.

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    Cybersecurity Spending ‘Difficult to Cut’ Despite Recession Risks: CrowdStrike CEO

    2022-12-05

    Yahoo Finance: CrowdStrike Co-Founder and CEO George Kurtz joins Yahoo Finance Live to discuss the company's latest quarterly results, the outlook for cybersecurity spending, and expectations for cyberattacks in 2023.

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    Password App LastPass Hit by Cybersecurity Breach but Says Data Remains Safe

    2022-12-01

    The Guardian: Password manager LastPass has told customers that some of their information has been accessed in a cybersecurity breach, but says passwords remain safe.

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    Cybersecurity Researchers Take Down DDoS Botnet by Accident

    2022-11-30

    Bleeping Computer: As revealed in a report published earlier this month, the KmsdBot malware behind this botnet was discovered by members of the Akamai Security Intelligence Response Team (SIRT) after it infected one of their honeypots.

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    Cybersecurity Consolidation Continues, Even as Valuations Stall

    2022-11-28

    Dark Reading: As the US economy has tightened, the venture capital and acquisition landscape has quickly shifted to become a buyers' market, with startups failing to command the high valuations that were common in past years.

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    Cybersecurity Master’s Grads Are Landing $200K-plus Pay Packages

    2022-11-21

    Fortune Education: As the number of cybersecurity attacks continues to rise, so does the demand for the talent to protect against them. In fact, there are more than 700,000 open cybersecurity positions in the U.S. alone—and the occupation is growing more than twice as fast as the overall rate across the country’s economy, data from CyberSeek shows.

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    Westmount Target of a Cyberattack, City Says It’s Not ‘Immune to This Sad Reality’

    2022-11-21

    Global News: “Cyberattacks are unfortunately becoming more and more prevalent and sophisticated in our society and, despite all the measures we put in place, public administrations are not completely immune to this sad reality,” Westmount Mayor Christina Smith wrote in the statement.

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    U.S. Ranks Fourth, Canada Fifth on Cybersecurity Scale

    2022-11-16

    Financial Post: Canada ranks fifth among 20 countries in its preparation for and response to cybersecurity threats, according to a standard created by an academic journal and a security vendor.

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