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U.S. News: U.S. President Joe Biden directed the committee that reviews foreign investment for national security risks to sharpen its focus on threats to sensitive data, cyber security and areas such as microelectronics and artificial intelligence.
JDSupra: On August 29, 2022, Ellington Management Group, LLC reported a data breach with the Montana Attorney General after the company learned that an unauthorized party had gained access to two employee email accounts.
Forbes: Most forward-thinking corporations understand the benefits of taking a proactive approach to cybersecurity. If investments haven’t been made from the desire to protect customer and client data, it is seemingly being invested in by organizations that do understand the potential negative impacts on brand and reputation should they not take it seriously.
CNN: Twitter has major security problems that pose a threat to its own users’ personal information, to company shareholders, to national security, and to democracy, according to an explosive whistleblower disclosure obtained exclusively by CNN and The Washington Post.
IT World Canada: A specialty broker providing cyber insurance has found a way to attract business from Canadian small and medium-sized organizations: Partnering with a cloud provider that helps firms meet a cybersecurity standard.
Fortune: With the pace of economic growth slowing and inflation at a multi-decade high, that has led many people living in the U.S. to start entertaining the “R” word: recession. In 2022 we’ve experienced what’s being coined a “technical recession,” or two consecutive quarters of negative growth in GDP (gross domestic product).
Reporter Wings: Many of Wall Street’s biggest banks are nearing agreements to pay as much as $200m each and admit that their employees’ use of personal messaging apps such as WhatsApp violated regulatory requirements, according to people familiar with the matter.
Verdict: Investment firm KKR has completed its $3.8bn deal to acquire cloud-first security company Barracuda as cybersecurity investments slow down.
SEC: The Securities and Exchange Commission announced charges against three individuals for illegally tipping and trading in the securities of Equifax, Inc. in advance of the company's public announcement on September 7, 2017 that it had experienced a massive cyber intrusion and data breach.
Nasdaq: British cybersecurity firm Darktrace Plc DARK.L said on Monday it was in the early stages of discussions with tech investment firm Thoma Bravo regarding a possible cash offer.
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