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Industry News: ESG5

    Drawbridge Sees Strong Growth in 2020

    2020-10-06

    Hedge Week: Drawbridge has continued to invest in its people, technology and customers throughout the year, working closely with clients to help them ensure security, continuity and safety during the unprecedented times that have resulted from Covid-19.

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    New Research Finds Bugs in Every Anti-Malware Product Tested

    2020-10-06

    DarkReading: CyberArk tested products from multiple major security vendors, including Kaspersky, Symantec, Trend Micro, McAfee, and Check Point Software Technologies, and says it found vulnerabilities in every single one.

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    Bottomline and Dow Jones Partner to Combat Financial Crime

    2020-10-05

    Institutional Asset Manager: Dow Jones’s risk data, including politically exposed persons (PEPs), sanctions lists and adverse media entities for the UK, Europe and the Asia Pacific, will flow through Bottomline’s cyber fraud and risk management platform. The additional intelligence will help identify internal and external threats and protect against criminal activity. The data inclusion can also help banks and corporates avoid incurring regulatory fines and reputational damage that often accompany fraud incidents by enabling them to identify suspicious transactions and stop payments fast.

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    Companies May Be Punished for Paying Ransoms to Sanctioned Hackers - U.S. Treasury

    2020-10-01

    Reuters: Facilitating ransomware payments to sanctioned hackers may be illegal, the U.S. Treasury said on Thursday, signaling a crackdown on the fast-growing market for consultants who help organizations pay off cybercriminals.

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    To Hunt Hackers, FBI Works More Closely with Spy Agencies

    2020-10-01

    National Post: America’s top law enforcement agents and spies are teaming up under one roof as part of a new federal strategy to fight foreign hackers, senior FBI officials said in an interview.

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    Anthem to Pay Nearly $40 Mln to Settle Data Breach Probe by U.S. States

    2020-09-30

    Financial Post: Anthem Inc said it would pay $39.5 million as part of a settlement with U.S. states attorneys general following an investigation into a massive cyber-attack at the company in 2015.

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    Ransomware Hits US-Based Arthur J. Gallagher Insurance Giant

    2020-09-29

    Bleeping Computer: US-based Arthur J. Gallagher (AJG) global insurance brokerage and risk management firm confirmed a ransomware attack that hit its systems. AJG is one of the largest insurance brokers in the world with more than 33,300 employees and operations in 49 countries.

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    Tackling Cybersecurity Asset Management Challenges in the Public Sector

    2020-09-29

    Meri Talk: Given the Federal government’s rapid shift to telework since the onset of the COVID-19 pandemic and the larger attack surface that working from home creates, there is a significantly greater need for government to take a fresh look at addressing the most fundamental cybersecurity challenges.

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    The Cybersecurity 202: The Next Supreme Court Justice Could Play A Major Role In Cybersecurity and Privacy Decisions

    2020-09-21

    The Washington Post: The next Supreme Court justice could play a key role in determining rules of the road for cybersecurity and privacy in the digital age ― regardless of whether they're appointed by President Trump or Joe Biden.

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    SFU Ransomware Attack Exposed Data from 250,000 Accounts, Documents Show

    2020-09-21

    CBC: A ransomware attack last spring at Simon Fraser University (SFU) compromised the personal information of about 250,000 students, faculty and alumni, documents reveal. The ransomware — malicious software that locks a computer system until a ransom is paid — breached a database on Feb. 27 that contained the personal information of every person who joined the school before June 20, 2019.

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