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Industry News: ESG5

    Trudeau Tasks Cabinet with New Cybersecurity Plan Amid Growing Attacks, Spying

    2021-12-16

    Global News: Prime Minister Justin Trudeau has tasked a committee of senior cabinet ministers to develop a new national cybersecurity plan amid increasingly public warnings from the country’s intelligence community about online threats.

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    FINRA, FCA Warn Firms of Cybersecurity Threat

    2021-12-15

    Advisor's Edge: egulators in the U.S. and U.K. are warning the financial industry about a cybersecurity vulnerability that has been uncovered with open-source software widely used in enterprise applications and cloud services.

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    Ransomware Hits HR Solutions Provider Kronos, Locking Customers Out of Vital Services

    2021-12-14

    Help Net Security: The end of the year chaos caused by the revelation of the Log4Shell vulnerability has, for some organizations, been augmented by a ransomware attack on Ultimate Kronos Group (UKG), one of the biggest HR and workforce management solutions providers in the US.

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    Cybersecurity Startup Guardio, Now with 1M Users of Its Browser Extension, Raises Its First Funding: $47M Led by Tiger Global

    2021-12-14

    Yahoo Finance: Some say that antivirus software that you install on your PC may have run its course when it comes to the next generation of computing in the cloud. Today a startup that has built what it believes comes next is making some news with a large funding round, its first outside money.

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    New Cyber Vulnerability Poses 'Severe Risk,' DHS Says

    2021-12-12

    ABC News: The Department of Homeland Security Cybersecurity and Infrastructure Security Agency (CISA) issued an urgent statement about a new cyber vulnerability that could touch a wide swath of the internet.

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    Hummingbird Lands $30M to Bring Design Thinking to Anti-money Laundering Investigations

    2021-12-07

    Yahoo News: Hummingbird, which sells anti-money laundering software to banks and fintechs, announced today that it raised a $30 million Series B led by new investor Battery Ventures. Existing investors Flourish and Homebrew also participated in the round, alongside FinVC and Plaid co-founder William Hockey.

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    Biden’s Cyber Leaders Go to Silicon Valley for More Help Fighting Hackers

    2021-12-07

    Politico: Senior Biden administration officials met in Silicon Valley on Monday with key technology and cybersecurity companies as part of a push for more help from the private sector in fending off increasingly aggressive hackers working for adversarial regimes and criminal gangs.

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    U.S. Bank Regulator Urges Vigilance As Ransomware Attacks On the Rise

    2021-12-06

    U.S. News: A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying it is seeing an uptick in ransomware attacks, it said in a report issued.

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    BitMart Says It Will Compensate Victims of $196 Million Hack and Restore Trading

    2021-12-06

    CNBC: Crypto trading platform Bitmart says it will use its own money to reimburse victims of a large-scale security breach, in which hackers took as much as $196 million.

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    Governor General's Office Says Internal Network Breached

    2021-12-02

    CTV News: The Office of the Secretary to Gov. Gen. Mary Simon says that there’s been an ‘unauthorized access to its internal network,’ with the scope of the breach still under investigation.

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