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    Industry News: ESG5

      NSA Warns Managed Service Providers Are Now Prime Targets for Cyberattacks

      2022-05-11

      Dark Reading: The National Security Administration (NSA), along with a coalition of international cybersecurity authorities, today issued an advisory warning managed service providers (MSPs) of an escalating threat of attack from both everyday cybercriminals and state-sponsored threat actors. 

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      FBI Says Business Email Compromise is a $43 Billion Scam

      2022-05-04

      Bleeping Computer: The Federal Bureau of Investigation (FBI) said today that the amount of money lost to business email compromise (BEC) scams continues to grow each year, with a 65% increase in the identified global exposed losses between July 2019 and December 2021.

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      SEC Nearly Doubles Crypto Unit Staff to Crack Down on Abuses in the Booming Market

      2022-05-03

      CNBC: The Securities and Exchange Commission announced that it will almost double its staff responsible for protecting investors in cryptocurrency markets.

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      Pentagon Contractors Go Looking for Software Flaws as Foreign Hacking Threats Loom

      2022-05-02

      CNN: A year-long Pentagon pilot program found an array of software vulnerabilities at dozens of defense contractors as Russian and Chinese hackers continue to try to steal sensitive data from the US defense industrial base.

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      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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