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NBC News: China is behind a newly discovered series of hacks against key targets in the U.S. government, private companies and the country’s critical infrastructure, cybersecurity firm Mandiant said.
Investment Executive: An Ontario court has approved proposed class action settlements with Bank of Montreal (BMO) and CIBC over cybersecurity breaches involving thousands of clients.
Yahoo Finance: The Justice Department is taking new aim at ransomware after a year that officials say was the most costly on record for the crippling cyberattacks.
Bleeping Computer: The REvil ransomware gang asked Apple to "buy back" stolen product blueprints to avoid having them leaked on REvil's leak site before today's Apple Spring Loaded event.
Security Magazine: Hiscox reveals that U.S. businesses’ cybersecurity spending is on the rise and they are leaders in cyber expertise, but still have more work to do when it comes to ransomware and phishing emails.
ZDNet: Hackers working for the Russian foreign intelligence service are behind the SolarWinds attack, cyber-espionage campaigns targeting COVID-19 research facilities and more, according to the United States and the United Kingdom.
DFS: Superintendent of Financial Services Linda A. Lacewell announced today that National Securities Corporation (“National Securities”) will pay a $3 million penalty to New York State for violations of DFS’s Cybersecurity Regulation that caused the exposure of a substantial amount of sensitive, non-public, personal data belonging to its customers, including thousands of New York consumers.
Private Equity Wire: Fund I closed at USD1.3 billion, exceeding its target of USD1 billion and making it one of the largest first-time, technology-focused private equity funds ever raised. Managing Partners of the firm include Greg Clark, Ian Loring, Steve Luczo, Matt MacKenzie and Hugh Thompson.
Yahoo Finance: Chris Inglis, a former NSA deputy director, is being nominated as the government's first national cyber director. Jen Easterly, a former deputy for counterterrorism at the NSA, has been tapped to run the Cybersecurity and Infrastructure Security Agency at the Department of Homeland Security.
Reuters: Cybersecurity company KnowBe4 Inc, backed by private-equity firm KKR & Co and funds affiliated with Goldman Sachs, said it was aiming for a valuation of up to $3 billion in its initial public offering in the United States.
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