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BNN Bloomberg: Decentralized lending protocol Euler Finance was hit by an attack that drained $197 million in cryptocurrencies from its platform, making it the largest hack in its corner of the digital-assets market this year.
Dark Reading: The stunning collapse of Silicon Valley Bank (SVB) could put a damper on the ability of venture-backed cybersecurity startups to secure vital capital for operations and strategic investments.
Dark Reading: The Biden administration's plans to introduce minimum cybersecurity requirements for organizations in critical infrastructure sectors could face challenges in a divided Congress.
Mondaq: Cybersecurity risk applies to businesses of all sizes and across all industries - it is a risk that cannot be ignored. In particular, cybersecurity risk can no longer be ignored in the deal lifecycle. Time and again, investors have seen value evaporate after an acquisition target or new portfolio company is breached by a threat actor.
U.S News: The White House announced a new cybersecurity strategy in the latest effort by the U.S. government to bolster its cyber defenses amid a steady increase in hacking and digital crimes targeting the country.
The Guardian: The US Marshals service fell victim to a ransomware security breach this month that compromised sensitive law enforcement information, a spokesperson said.
Tech Crunch: Cybersecurity continues to be a major area for investment among businesses — and VCs. While a decline from the previous year, venture capital funding in the cybersecurity sector totaled $18.5 billion in 2022, according to Momentum Cyber.
Cision: Network Assured shared the results of a recent data study on cybersecurity, that looked at which U.S. states had suffered the most data breaches in 2022. The study looked at data breaches from all industries, to rank the states where businesses faced the highest risk of cyberattack to the lowest.
Yahoo Finance: As US Department of Justice investigators and companies beef up their oversight of cybersecurity threats, the impact of ransomware attacks — hackers demand ransom payments from targets — has been blunted, according to a Wall Street Journal report.
CNBC: AT&T Inc the second-biggest U.S. wireless carrier, is exploring a sale of its cybersecurity division, potentially undoing an acquisition it completed five years ago, according to people familiar with the matter.
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