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    Industry News: ESG5

      Sophos Acquires Braintrace to Supercharge Threat Detection Capabilities

      2021-07-22

      Tech Crunch: Thoma Bravo-owned Sophos has announced it’s acquiring Braintrace, a cybersecurity startup that provides organizations visibility into suspicious network traffic patterns. Terms of the deal were not disclosed.

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      Biden to Convene Private Sector Leaders for Cybersecurity Talks in August

      2021-07-21

      SABC News: President Joe Biden and senior US officials will meet private sector leaders on August 25 to discuss ways to beef up cyber security, a White House spokesperson said on Wednesday, underscoring the need for collective action.

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      U.S. and Canada Blame China for Microsoft Exchange Hack Earlier This Year

      2021-07-19

      CBC: The United States, Canada, and numerous other nations formally blamed China on Monday for a massive hack of the Microsoft Exchange email server software and accused Beijing of working with criminal hackers in ransomware attacks and other cyber operations.

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      White House Launches Ransomware Task Force Amid Calls for Retaliation Against Russia

      2021-07-15

      CBS News: Following a slew of high-profile ransomware attacks, the Biden administration has formed a multi-agency government task force aimed at curtailing malicious, state-sponsored cyber activity and hardening the nation's cybersecurity defenses, as more and more of American critical infrastructure migrates online. 

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      New York Department of Financial Services Issues New Guidance to Financial Services Orgs to Counter Ransomware

      2021-07-14

      KnowBe4: NYDFS offers up sound best practices in addition to their recently released Cyber Insurance Risk Framework based on recent attack investigations, finding repeated use of “the same handful of techniques.”

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      Ransomware Gang REvil Vanishes from Dark Web After Biden Warning

      2021-07-13

      BNN Bloomberg: The Russia-linked ransomware gang REvil has seemingly vanished from the dark web, where it maintains several pages documenting its activities including one called the “happy blog.”

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      Top Lawyer for U.S. Cyberwarriors Calls for Military Cyber Response to Global Criminal Hackers

      2021-07-08

      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.

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      Robinhood’s Crypto Unit Faces $10M Penalty Over Money Laundering Violations

      2021-07-07

      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.

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      Biden Says Ransomware Attack Caused "Minimal Damage" to US Companies

      2021-07-07

      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.

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      Crosspoint Capital Partners Appoints Cybersecurity Specialist as Managing Director

      2021-06-30

      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.

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