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Compliance Week: A Colorado-based broker-dealer will pay $1.5 million as part of a settlement with the Securities and Exchange Commission (SEC) announced for lapses in the filing of suspicious activity reports (SARs) related to the threat of cyber-breaches.
O Canada: President Joe Biden on Wednesday signed an executive order to improve federal cyber security capabilities and digital security standards across the private sector.
MSN Money: Cybersecurity is more critical than ever, especially in a world already reeling from supply disruptions and bottlenecks caused by the coronavirus pandemic. The latest big ransomware attack, against Colonial Pipeline Co., is an eye-opener, as it has led to the shutdown of the 5,500-mile Colonial Pipeline system and could push up gasoline prices.
Cision: With the digital economy continuing to grow rapidly, accelerated by the COVID-19 pandemic, cyber security is an ever-increasing concern for Canadians and businesses. A strong cyber security sector will cement Canadians' trust in the digital economy. That is why the Government of Canada is committed to ensuring Canada is a global leader in cyber security innovation and talent development.
Help Net Security: A huge jump in new pandemic-related threats, alongside a rise in challenges caused by enforced work from home guidance, is leaving open and insecure gaps in FIs’ networks. The findings analyze the changing nature and impact of fraud, risk and cyber threats on UK and US FIs and consumers over the last 12 months.
Financial Post: Cybersecurity experts, law enforcement agencies and governments urged the White House to root out safe havens for criminals engaging in ransomware and step up regulation of cryptocurrencies, the lifeblood of hackers, in the hopes of controlling a growing wave of attacks.
CTV: A new report released by cybersecurity company Emsisoft estimates that ransomware demands increased by more than 80 per cent globally in 2020, with hundreds of millions of dollars estimated to have been paid out in ransoms in Canada alone.
Globe Newswire: Proofpoint, Inc., a leading cybersecurity and compliance company, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values Proofpoint at approximately $12.3 billion.
Forbes: Apple Mac users are being urged to update their macOS software now, as they’re at “grave risk” of hackers exploiting what’s been described as one of the worst vulnerabilities to affect the tech giant’s computers in years.
BNN Bloomberg: Other participating investors include Paul Tudor Jones’s Tudor Group, Neeraj Chandra’s Untitled Investments and 23andme co-founder Anne Wojcicki, Deep Instinct Chief Executive Officer Guy Caspi said in an interview. Existing investors Coatue Management, Millennium and Unbound also took part.
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