US News: China's ministry of industry and information technology (MIIT) unveiled a plan that aims to improve data security in China's industrial sector and effectively contain "major risks" by the end of 2026.
BNN Bloomberg: Prudential Financial Inc. said hackers it believes to be part of a cyber-crime group gained access to some of its information-technology systems and a small percentage of user accounts associated with employees and contractors.
Dark Reading: Here's what's clear about the current cybersecurity state of Ivanti's VPN appliances — they have been widely vulnerable to cyberattack, and threat actors are onto the possibilities. It's up to enterprise cyber teams to decide what comes next.
SecurityWeek: Aircraft parts dealer Willis Lease Finance Corporation (WLFC) has informed the US Securities and Exchange Commission (SEC) that it fell victim to a cyberattack. According to the SEC filing, the incident was flagged on January 31, when unauthorized activity was detected on portions of its systems.
Bleeping Computer: Bank of America is warning customers of a data breach exposing their personal information after Infosys McCamish Systems (IMS), one of its service providers, was hacked last year.
CBC: The number of "high impact" cyber incidents reported by Canada's banks nearly tripled last year, according to the industry's watchdog. The increase comes as a federal bill meant to protect Canada's critical systems — including financial systems — has been sitting idle in parliamentary limbo for months.
Yahoo Finance: Just two years ago, VC funding to cybersecurity startups was on fire. Indeed, $23 billion flooded the sector, per Crunchbase. But in 2023, cybersecurity upstarts only saw a third of that -- the result of the exceptional surge in 2021, bloated valuations and investors wary of market instability.
US News: Fortinet reported fourth-quarter profit above analysts' estimates, as enterprises spent more to safeguard their digitized operations against the rising risk of attacks, sending the cybersecurity company's shares up 10.4% in extended trading.
Nasdaq: ZeroFox Holdings, Inc., a provider of external cybersecurity, said it has agreed to be acquired by Haveli Investments, a technology-focused private equity firm, in an all-cash transaction with an enterprise value of about $350 million.
US News: Countries led by Britain, France and the United States and tech firms including Google, Microsoft and Meta signed a joint statement recognising the need for more action to tackle malicious use of cyber spying tools.
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