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Industry News: ESG5

    Half of Workers Admit to Opening Emails They Considered Suspicious

    2020-10-27

    GlobeNewswire: Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today released new research which highlights the risky behavior of employees using company-issued devices. More than 1,000 respondents in countries throughout the globe were asked about their use of work devices for personal activities and how aware they are of today’s cyber risks. The results highlighted the need for better awareness training, as people are clicking on links or opening suspicious emails despite having been trained.

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    Francisco Partners Acquires Forcepoint from Raytheon

    2020-10-26

    MSSP Alert: Private equity firm Francisco Partners is acquiring cybersecurity company Forcepoint from defense contractor Raytheon Technologies. Financial terms of the deal were not disclosed. This is M&A deal 436 that MSSP Alert and sister site ChannelE2E have covered so far in 2020. See the full M&A deal list here.

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    New York Financial Watchdog Calls for Social Media Cybersecurity Regulator After Twitter Hack of Biden and Obama Accounts

    2020-10-22

    TechRepublic: The world's biggest social media companies may have to put more of a priority on security now that a New York state financial watchdog is calling for the creation of a designated regulator tasked with monitoring their cyber defense.

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    McAfee Corp Shares Fall 7% In Nasdaq Debut

    2020-10-22

    Reuters: The stock opened at $18.60 per share, compared with its IPO price of $20 per share. At the debut price, the company was valued around $8 billion. McAfee priced its IPO towards the lower end of its targeted range between $19 and $22 per share.

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    Feds Say Russia and Iran Have Interfered with the Presidential Election

    2020-10-21

    CNN: Director of National Intelligence John Ratcliffe said Wednesday both Iran and Russia have obtained US voter registration information in an effort to interfere in the election, including Iran posing as the far-right group Proud Boys to send intimidating emails to voters.

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    Nearly Two-thirds of Canadian Companies Failed to Report Cyber Breaches During COVID-19

    2020-10-21

    Yahoo Finance: Sixty-four per cent of organizations failed to report cyber breaches this year, over fears of reputational damage at a time when more customers are seeking service online, a cybersecurity expert explains.

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    New TAG Cyber Research Report Finds Rogue Devices Extremely Threatening to Financial Services Industry

    2020-10-20

    Cision: Sepio Systems, the leader in Hardware Access Control (HAC), today announced the availability of a new research note conducted with TAG Cyber, LLC, the leader in democratizing world-class cyber security research and advisory services, and co-authored by Sepio Systems, that claims rogue devices are posing severe threats to the financial services industry.

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    Cybercrime Money-launders Busted By European Police, FBI

    2020-10-15

    Yahoo Finance: European and American officials said Thursday that they have arrested 20 people in several countries for allegedly belonging to an international ring that laundered millions of euros stolen by cybercriminals through malware schemes.

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    Hackers Look to Buy Brokerage Log-ins On the Dark Web with Robinhood Fetching Highest Prices

    2020-10-14

    CNBC: For just a few dollars, criminals are selling credentials for customers of E*Trade, Charles Schwab, TD Ameritrade, Robinhood and others, according to New York-based security firm Intsights. The demand has only increased during the pandemic, according to the firm’s chief security officer Etay Maor.

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    McAfee Looks to Raise Up to $814 Mln in U.S. IPO

    2020-10-13

    O Canada: The company, which was carved out of Intel Corp four years ago, will sell nearly 31 million shares, while the selling stockholders will offer about 6 million shares in the IPO, according to a regulatory filing https://www.sec.gov/Archives/edgar/data/1783317/000119312520268184/d89887ds1a.htm.

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