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NBC News: A top lawyer for America's cyberwarrior force is calling publicly for military operations against transnational criminal hackers, shedding light on a debate inside and outside the government about how best to deal with ransomware and other virtual threats.
CoinGape: “Robinhood Crypto” the cryptocurrency brokerage unit of trading app Robinhood is facing a $10 Million penalty by New York regulators. Robinhood Crypto is penalized for allegedly violating state rules on cybersecurity and anti-money laundering.
NDTV: President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only "minimal damage" on American businesses.
Private Equity Wire: Crosspoint Capital Partners (Crosspoint), a private equity investment firm focused on cybersecurity, privacy, and infrastructure software markets, has appointed Samir Kapuria as Managing Director to help lead the company’s efforts to identify and grow world-class companies in the cybersecurity space.
Hedge Week: Drawbridge, a provider of cybersecurity software and solutions to the alternative investment industry, has named Scott DePetris as President and Chief Operating Officer (COO) and appointed him to the Board of Directors.
CNBC: “There’s a direct correlation,” the cybersecurity firm executive said on “Closing Bell.” “When you look at the rise of ransomware, it absolutely aligns with the rise of anonymous digital currencies.”
Yahoo Finance: Cybersecurity firm SentinelOne Inc, backed by billionaire investor Daniel Loeb's hedge fund Third Point, has boosted the price range for its IPO and is now looking to raise about $1.02 billion, a regulatory filing showed.
International Investment: The Financial Conduct Authority (FCA) has admitted that there were three cases of data breaches in 2020 in response to a Freedom of Information (FOI) request submitted by International Investment's sister title Professional Adviser.
Help Net Security: McAfee released a report examining cybercriminal activity related to malware and the evolution of cyber threats in the first quarter of 2021. The quarter saw cyber adversaries shift from low-return, mass-spread ransomware campaigns toward fewer, customized Ransomware-as-a-Service (RaaS) campaigns targeting larger, more lucrative organizations.
Financial Advisor: Cybersecurity is a top concern for advisory firms and businesses in general, which opens up investing opportunities in companies that are good at building defenses against hacker attacks, according to Pedro Palandrani, research analyst at Global X, a New York City-based financial services firm that specializes in ETFs.
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