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    Industry News: ESG5

      Financial Institutions Experiencing Jump in New Pandemic-related Threats

      2021-05-04

      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.

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      White House Urged to Address Surge in Ransomware Attacks

      2021-04-29

      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.

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      Ransomware Demands Estimated to Have Cost Hundreds of Millions of Dollars in Canada in 2020: Report

      2021-04-29

      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.

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      Proofpoint Enters Definitive Agreement to be Acquired by Thoma Bravo in $12.3 Billion Transaction

      2021-04-26

      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.

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      Update Your Mac Now: The ‘Worst Hack In Years’ Hits Apple Computers

      2021-04-26

      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.

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      BlackRock, Tudor Group Back Cybersecurity Startup Deep Instinct

      2021-04-22

      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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      China Behind Another Hack As U.S. Cybersecurity Issues Mount

      2021-04-21

      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.

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      Court Approves Data Breach Settlements with BMO, CIBC

      2021-04-21

      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.

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      US Takes New Aim At Ransomware After Most Costly Year

      2021-04-21

      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.

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      REvil Gang Tries to Extort Apple, Threatens to Sell Stolen Blueprints

      2021-04-20

      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.

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