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    Industry News: ESG5

      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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      Give the Ransomware Threat the Same Priority as Terrorism, says US Official Guidance

      2021-06-04

      Computing: Ransomware gangs should be tracked and disrupted using the same strategies deployed against terrorist groups, US Department of Justice officials have suggested.

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      Business Leaders Must Take Urgent Action to Counter Ransomware Threat, White House Warns in Memo

      2021-06-03

      CNBC: The Biden administration is urging corporate executives and business leaders to take immediate steps to prepare for ransomware attacks, warning in a new memo that cybercriminals are shifting from stealing data to disrupting core operations.

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      FireEye is Selling its Products Business and Name for $1.2 Billion

      2021-06-02

      CNBC: The U.S. cybersecurity firm said the sale will split Mandiant Solutions, its cyber forensics unit, from its cloud security, network and email products.

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      Reserve Bank Moves to Address Cyber Vulnerability After KPMG Report

      2021-05-31

      RNZ: A report by consultancy KPMG has uncovered shortcomings in the Reserve Bank's data protection practices, which resulted in it becoming a victim of a cyber-attack on the third-party file-sharing application it used to share and store information.

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