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Industry News: ESG5

    Key House Leader to Press for Inclusion of Cybersecurity in Infrastructure Bill

    2021-04-07

    The Hill: Rep. Yvette Clarke (D-N.Y.), the chair of a key cyber House panel, said Wednesday that she would push for inclusion of language on securing critical systems as part of negotiations around President’s Biden’s infrastructure proposal.

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    Cybercrime in the US Jumped By 55% in the Past Two Years

    2021-03-31

    CNet: Cybercrime is on the rise as hackers continue to steal data, disrupt business and cause harm online. The result is billions of dollars in losses: The total annual loss in the US from cybercrime reached $4.2 billion in 2020, according to data released from StockApp.com

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    Ransomware Tops U.S. Cyber Priorities, Homeland Secretary Says

    2021-03-31

    Financial Post: Department of Homeland Security (DHS) Secretary Alejandro Mayorkas said on Wednesday that dealing with ransomware will be a top priority, highlighting the growing threat of the data-scrambling software.

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    US Cyber Experts Conducted Operations to Safeguard Election

    2021-03-25

    Yahoo Finance: The U.S. Cyber Command conducted more than two dozen operations aimed at preventing interference in last November's presidential election, the general who leads the Pentagon's cyber force said.

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    IIROC Publishes Notice Regarding Ransomware Attacks

    2021-03-23

    Lexology: The Investment Industry Regulatory Organization of Canada (“IIROC”) has published a Cybersecurity Notice on Ransomware (the “Notice”), which flags a recent uptick in ransomware attacks on IIROC firms and provides guidance on how IIROC firms should prevent, detect, respond to and recover from ransomware attacks.

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    Watchdog 'Almost Certain' Microsoft Exchange Security Gap Has Canadian Victims

    2021-03-17

    Yahoo Finance: Canada's main cybersecurity watchdog said Wednesday that it's likely too late to prevent criminals from using a vulnerability in Microsoft Exchange email servers, unless system administrators have already installed software patches that were issued in early March.

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    Cybersecurity Requirements Provide New Opportunity for CPAs

    2021-03-17

    Journal of Accountancy: CPAs have a new opportunity to act as third-party assessors of the cybersecurity maturity of U.S. defense contractors as they work to comply with new regulations that have been created to combat cyberthreats.

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    Ransomware Attacks On the Rise, IIROC Warns

    2021-03-16

    Investment Executive: In a notice to the industry, the self-regulatory organization said that it has seen an increase in cyber attacks targeting IIROC firms with malware that infects and encrypts devices and demands a ransom for the return of the locked data.

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    Ten Hacking Groups Exploiting Microsoft Email Flaw, Warns ESET

    2021-03-11

    Silicon: The wide ranging impact from the Microsoft Exchange zero-day flaws continue to be felt with a fresh warning from security researchers.

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    Hackers Breach Thousands of Security Cameras, Exposing Tesla, Jails, Hospitals

    2021-03-10

    BNN Bloomberg: A group of hackers say they breached a massive trove of security-camera data collected by Silicon Valley startup Verkada Inc., gaining access to live feeds of 150,000 surveillance cameras inside hospitals, companies, police departments, prisons and schools.

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