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Industry News: ESG5

    Cybersecurity Firm SentinelOne Seeks $7 Billion Valuation in NY IPO

    2021-06-21

    The Times of Israel: Cybersecurity firm SentinelOne Inc. has filed a prospectus with the US Securities and Exchange Commission to raise as much as $928 million in an initial public offering of shares on the New York Stock Exchange, aiming for a valuation of over $7 billion.

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    Senators Unveil Legislation to Crack Down on Cyber Criminals

    2021-06-17

    The Hill: A bipartisan group of senators on Thursday unveiled legislation intended to crack down on cyber criminals, who have increasingly posed a threat to critical U.S. organizations. 

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    Biden’s Not-so-veiled Threat to Putin on Cyberattacks

    2021-06-16

    Yahoo Finance: Following his meeting with Russian President Vladimir Putin in Geneva on June 16, President Biden said “there were no threats” exchanged in the two leaders’ conversation. But Biden also delivered what Putin must have considered a serious warning.

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    Cybersecurity Firm Exposes Breach Database Containing 5 Billion User Records

    2021-06-15

    Security Week: An investigation revealed that the database stored information that had been compromised in data breaches suffered by various companies over the past years. The database has been used by security analytics firm Cognyte to alert customers when their information is exposed as a result of a data breach suffered by a third party.

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    SEC Charges Issuer with Cybersecurity Disclosure Controls Failures

    2021-06-15

    SEC: The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information.

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    U.S. Senate to Probe Whether Legislation Needed to Combat Cyber Attacks

    2021-06-10

    O Canada: U.S. Senate Majority Leader Chuck Schumer said he is initiating a review of recent high-profile cyber attacks on governments and businesses to find out whether a legislative response is needed.

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    JBS Says it Paid $11 Million Ransom After Cyberattack

    2021-06-09

    CNN Business: The meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation last week, the company said in a statement.

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    ExtraHop to be Acquired by Bain Capital Private Equity and Crosspoint Capital Partners

    2021-06-08

    Businesswire: ExtraHop, the leader in cloud-native network detection and response, today announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) and Crosspoint Capital Partners (“Crosspoint Capital”) in a strategic transaction valued at $900 million. 

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    At J&J, Some 15.5 Billion Potential Cyberattacks Each Day

    2021-06-08

    Morning Star: Covid-19 vaccines have transformed the global economy. The companies that produce them, meanwhile, already a big target for hackers, have to be more on their toes than ever.

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    Deal Activity in Cybersecurity Space Witnessed Fluctuating Fortunes During 2016-2020

    2021-06-08

    Global Data: Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the cybersecurity space fluctuated during 2016-2020, according to GlobalData, a leading and data analytics company.

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