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Industry News: ESG5

    Private Equity Executive Sought to Undermine NSO Critics, Data Suggests

    2022-04-28

    The Guardian: When Downing Street was recently named as the suspected victim of a phone hack by the United Arab Emirates using the Israeli-made spyware, Pegasus, few were surprised at who was behind the discovery.

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    Cybersecurity Skills Gap Contributed to 80 Percent of Breaches According to New Fortinet Report

    2022-04-27

    Financial Post: According to the Fortinet report released, the skills gap isn’t just a talent shortage challenge, but it’s also severely impacting business, making it a top concern for executive leaders worldwide.

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    Cybersecurity Agencies Reveal Top Exploited Vulnerabilities of 2021

    2022-04-27

    Bleeping Computer: In partnership with the NSA and the FBI, cybersecurity authorities worldwide have released today a list of the top 15 vulnerabilities routinely exploited by threat actors during 2021.

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    Microsoft’s $15 Billion Cybersecurity Business is Giving Investors New Reason for Optimism

    2022-04-26

    CNBC: In January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big.

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    JPMorgan Sued After Millions Stolen From Ray-Ban Maker’s Account

    2022-04-25

    BNN Bloomberg: J.P. Morgan Chase Bank N.A. was sued by a unit of the French maker of Ray-Ban glasses, which claims the bank ignored red flags as international cybercriminals drained $272 million from its New York bank account.

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    What Makes a Cybersecurity Risk or Incident Material? A Look at the SEC’s Proposed Rules on Cybersecurity

    2022-04-20

    JDSUPRA: On March 9, 2022, the Securities and Exchange Commission (“SEC”) announced Proposed Rules on cybersecurity risk management, strategy, governance, and incident disclosure (“Proposed Rules”) to address concerns of increasing cybersecurity threats to public companies.

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    Fortress Information Security Receives $125 Million Strategic Investment from Goldman Sachs Asset Management

    2022-04-19

    Cision: This new investment will support Fortress's mission of securing U.S. critical industries from cybersecurity and operational threats emanating from their supply chains.

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    Barracuda Networks Changes Hands with Purchase by Global Investment Firm KKR

    2022-04-13

    ZDNet: Founded in 2003, Barracuda is the developer of cybersecurity solutions, including email protection, app and cloud defenses, data management, and network security. Products include Secure Access Service Edge (SASE) offerings, threat detection and response, and data inspection.

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    Critical Start Secures Over $215 Million Strategic Growth Investment from Vista Equity Partners to Expand Cybersecurity Protection for the Modern Enterprise

    2022-04-12

    Cision: Critical Start (or "the Company"), a leading provider of Managed Detection and Response (MDR) cybersecurity solutions, announced an over $215 million strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. 

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    Morgan Stanley Data Breaches $60M Class Action Settlement

    2022-04-12

    Top Class Actions: Morgan Stanley agreed to a $60 million settlement to resolve a class action lawsuit regarding its 2016 and 2019 data breaches.

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