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    Industry News: ESG5

      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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      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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