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Industry News: ESG5

    States at Disadvantage In Race to Recruit Cybersecurity Pros

    2021-09-28

    Canadian Security: Austin Moody wanted to apply his cybersecurity skills in his home state of Michigan, teaming up with investigators for the State Police to analyze evidence and track down criminals.

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    Google, AWS, IBM, Microsoft and Morgan Stanley Partner for a New Cloud Data Framework

    2021-09-28

    ZDNet: Amazon Web ServicesGoogleIBMMicrosoft and other major tech giants have joined forces with the EDM Council -- a cross-industry trade association for data management and analytics -- to create the Cloud Data Management Capabilities (CDMC) framework.

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    VCs Continue to Flock to Cyber Insurance As Coalition’s Valuation Doubles In 6 Months

    2021-09-28

    Crunchbase News: San Francisco-based Coalition just closed a $205 million Series E at a $3.5 billion-plus valuation—doubling what it was when it raised its $175 million Series D just six months ago.

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    FBI, CISA, and NSA Warn of Escalating Conti Ransomware Attacks

    2021-09-22

    Bleeping Computer: CISA, the Federal Bureau of Investigation (FBI), and the National Security Agency (NSA) warned today of an increased number of Conti ransomware attacks targeting US organizations.

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    Biden Administration Sanctions Virtual Currency Exchange Following Spike in Ransomware Attacks

    2021-09-21

    CBC News: The White House imposed sanctions Tuesday against SUEX, a virtual currency exchange that enables users to trade cryptocurrency or other digital currencies, for its role in facilitating financial transactions for ransomware actors.

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    US to Target Ransomware Payments in Cryptocurrency with Sanctions

    2021-09-20

    IT News: The Biden administration is preparing to take actions, including sanctions, to make it more difficult for hackers using digital currency to profit from ransomware attacks, the Wall Street Journal reported.

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    FTC Rules That Health Apps Must Notify Consumers Affected By Data Breaches

    2021-09-16

    Engadget: Since 2009, companies handling health records have been required to notify consumers if their data is breeched. Now, the rule has been extended to health apps that track fitness, vital statistics, sleep and more. 

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    Three Former U.S. Intelligence Community and Military Personnel Agree to Pay More Than $1.68 Million to Resolve Criminal Charges Arising from Their Provision of Hacking

    2021-09-14

    The United States Department of Justice: On Sept. 7, U.S. citizens, Marc Baier, 49, and Ryan Adams, 34, and a former U.S. citizen, Daniel Gericke, 40, all former employees of the U.S. Intelligence Community (USIC) or the U.S. military, entered into a deferred prosecution agreement (DPA) that restricts their future activities and employment and requires the payment of $1,685,000 in penalties to resolve a Department of Justice investigation regarding violations of U.S. export control, computer fraud and access device fraud laws. The Department filed the DPA today, along with a criminal information alleging that the defendants conspired to violate such laws.

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    Drawbridge Makes Senior Strategic Hires

    2021-09-13

    Hedge Week: Drawbridge, a premier provider of cybersecurity software and solutions to the investment industry, has added three industry veterans to bolster its business development, strategy and operations teams.

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    US Financial Regulator ‘Carrying Out Massive SolarWinds Probe’

    2021-09-13

    Silicon: The US financial regulator is reportedly engaging in a lage-scale probe into the effects of the SolarWinds hack that affected companies around the world.

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