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Industry News: ESG5

    Report Finds Only 3% of Venture-Backed Cyber Security Startups Are Led by Women

    2022-04-07

    Globe Newswire: NopSec, a leading Risk-Based Vulnerability Management platform, today released findings from their Venture-Backed Women in Cyber report. This new report analyzed 654 startups that raised more than $1 million in funding from Jan. 1, 2020, to Dec. 31, 2021.

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    Hackers Breach MailChimp's Internal Tools to Target Crypto Customers

    2022-04-04

    Bleeping Computer: Email marketing firm MailChimp disclosed that they had been hit by hackers who gained access to internal customer support and account management tools to steal audience data and conduct phishing attacks.

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    Hackers’ Path Eased as 600,000 U.S. Cybersecurity Jobs Sit Empty

    2022-03-30

    BNN Bloomberg:  President Joe Biden has urged U.S. companies to “harden your cyber defenses immediately” amid a growing risk of Russian cyberattacks. For many, that won’t be easy. 

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    Mnuchin’s Liberty Strategic Capital Continues Strong Push Into Cybersecurity

    2022-03-29

    Crunchbase News: Former U.S. Secretary of the Treasury Steven Mnuchin’s new private equity firm Liberty Strategic Capital is moving quickly into the hot sector of cybersecurity.

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    OCC Designates Points of Contact for Computer Security Incident Notifications

    2022-03-29

    ABA Banking Journal: With a joint agency final rule requiring banks to notify their primary regulatory within 36 hours of becoming aware of computer security incidents that are considered “notification incidents” taking effect on May 1, the OCC issued a bulletin reminding banks of their notification responsibilities and specifying points of contact.

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    Hackers Steal Over $600 Million from Video Game Axie Infinity's Ronin Network

    2022-03-29

    CNN: The latest crypto hack has targeted a gaming-focused blockchain network that supports the popular video game Axie Infinity. Hackers made off with about $625 million worth of Ethereum and USDC, two cryptocurrencies, in one of the largest crypto hacks of all time.

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    Biden’s Russia Cyber Warning Befuddles Ill-Prepared Businesses

    2022-03-24

    Yahoo Finance: A day after U.S. President Joe Biden issued a stark warning that a Russian cyberattack “is coming,” members of his administration hosted a three-hour call with about 13,000 people representing businesses, public agencies and other organizations to discuss the potential threat.

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    How to Reassure Clients About Cybersecurity

    2022-03-22

    Investment Executive: According to Edelman’s 2021 Trust Barometer, two thirds of Canadians said they were worried about cyberattacks — more than those who were worried about contracting Covid-19. With the Canadian government now warning businesses about Russian cyberattacks, those concerns can only increase.

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    Founder Of Cyberfraud Prevention Company Pleads Guilty To Defrauding Investors Of Over $100 Million

    2022-03-16

    United States Department of Justice: Damian Williams, the United States Attorney for the Southern District of New York, announced that ADAM ROGAS, the co-founder and former CEO, CFO, and member of the board of directors of Las Vegas-based cyberfraud prevention company NS8, Inc. (“NS8”), pled guilty in Manhattan federal court to securities fraud. 

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    What the Newly Signed US Cyber-Incident Law Means for Security

    2022-03-16

    Dark Reading: When President Biden signed the omnibus spending bill Tuesday, he also put the bipartisan Cyber Incident Reporting Act into effect, which requires critical infrastructure companies in the 16 industry sectors identified by the federal government to report to the Cybersecurity and Infrastructure Security Agency (CISA) within 72 hours if they are experiencing a cyberattack and within 24 hours of making a ransomware payment.

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