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Industry News: ESG5

    US Has 'Significant' Cyber Vulnerabilities, But a Sweeping Russian Cyberattack is Unlikely

    2022-03-16

    CNN: In the winter of 2015, computer hackers working for the Russian government attacked Ukraine's power grid and switched off the lights and heat to more than 200,000 consumers.

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    Statement on Proposal for Mandatory Cybersecurity Disclosures

    2022-03-09

    SEC: The Commission is considering a proposal to mandate cybersecurity disclosures by public companies. I am pleased to support this proposal because, if adopted, it would strengthen investors’ ability to evaluate public companies’ cybersecurity practices and incident reporting.

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    Axonius Closes $200 Million Series E at $2.6 Billion Valuation

    2022-03-08

    Business Wire: Axonius, the leader in cybersecurity asset management and SaaS management, today announced that it closed $200 million in Series E funding, led by Accel, with participation from new investors Silver Lake Waterman, Alta Park Capital, and Owl Rock, a division of Blue Owl, and existing investors Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, and DTCP. This investment follows a 2021 round of $100 million, increasing total funding to $395 million, with a valuation of $2.6 billion.

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    Cybersecurity Firm Says Chinese Hackers Breached Six US State Agencies

    2022-03-08

    CNN: A Chinese government-backed hacking group has breached local government agencies in at least six US states in the last 10 months as part of a persistent information-gathering operation, investigators at cybersecurity firm Mandiant said.

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    Google to acquire cybersecurity firm Mandiant for $5.4 billion

    2022-03-08

    CNBC: Google announced that it plans to buy cybersecurity firm Mandiant for around $5.4 billion as part of an effort to better protect its cloud customers.

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    U.S. Treasury Warns Crypto Firms on Russia Cybersecurity Threat

    2022-03-03

    U.S. News: The U.S. Treasury Department has reached out to cryptocurrency companies about their cybersecurity controls amid concerns that Russia could wage retaliatory cyber attacks in response to Western sanctions, according to a person familiar with the situation.

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    US Warns of Potential Russian Cyberattacks on Wealth Managers

    2022-03-01

    Investment News: U.S. officials have already blamed Russia for at least two rounds of attacks on Ukrainian websites in February — the largest in the country’s history — and have alerted American financial institutions to be on the lookout for increased cyber activity.

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    Global Cybersecurity Leader eSentire Raises US$325M and Achieves Unicorn Status

    2022-02-22

    Financial Post: eSentire, Inc., the Authority in Managed Detection and Response (MDR), today announced it has achieved a valuation greater than US$1 billion, as it raised US$325 million in funding through a binding agreement with Georgian and Caisse de dépot et placement du Québec (CDPQ).

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    Justice Department Announces First Director of National Cryptocurrency Enforcement Team

    2022-02-17

    The United States Department of Justice: The Justice Department today announced the selection and appointment of Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team (NCET).

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    Cyber Security Company Securonix Raises $1 Bln in Vista-led Round

    2022-02-15

    Financial Post: Cloud-based security solutions provider Securonix has raised more than $1 billion in a private fundraising round led by private equity firm Vista Equity Partners, the company said.

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