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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.
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.
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.
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.
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.
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.
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.
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.
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.
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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