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Industry News: ESG5

    Thoma Bravo Completes Exostar Acquisition

    2020-07-08

    DarkReading: Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, today announced the completion of its acquisition of Exostar, LLC, a leader in trusted, secure business collaboration.

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    Microsoft Takes Down Domains Used in COVID-19-Related Cybercrime

    2020-07-07

    Bleeping Computer: Microsoft took control of domains used by cybercriminals as part of the infrastructure needed to launch phishing attacks designed to exploit vulnerabilities and public fear resulting from the COVID-19 pandemic.

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    Did a Chinese Hack Kill Canada's Greatest Tech Company?

    2020-07-01

    BNN Bloomberg: The documents began arriving in China at 8:48 a.m. on a Saturday in April 2004. There were close to 800 of them: PowerPoint presentations from customer meetings, an analysis of a recent sales loss, design details for an American communications network. Others were technical, including source code that represented some of the most sensitive information owned by Nortel Networks Corp., then one of the world’s largest companies.

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    The University of California Pays $1 Million Ransom Following Cyber Attack

    2020-06-29

    Forbes: The University of California, San Francisco (UCSF) has confirmed it paid a ransom totaling $1.14 million (£925,000) to the criminals behind a cyber-attack on its School of Medicine.

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    Google Removes 106 Chrome Extensions for Collecting Sensitive User Data

    2020-06-18

    ZDNet: The 106 extensions are part of a batch of 111 Chrome extensions that have been identified as malicious in a report published today by cyber-security firm Awake Security.

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    Covid-19 Crisis Flags Up Operational Challenges and Cybersecurity Risks, Panelists Say

    2020-06-17

    HedgeWeek: Panel sessions on evolving operational challenges and cybersecurity heard how the current remote working environment is shining a light on operational risk challenges, with the ongoing coronavirus pandemic described as “the largest continuity test ever” for emerging hedge fund managers.

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    What Happens When Private Equity Firms Fall for Tech Companies

    2020-06-17

    Institutional Investor: Private equity firms are increasingly targeting publicly traded technology companies for buyouts, including Thomas Bravo’s deal in early March to buy cybersecurity firm Sophos. As a result, some tech firms may be staying public for a far shorter period of time, according to a new report from data provider PitchBook. 

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    Six Months After Cyberattack, LifeLabs Says it Has Appointed a CISO and Rolled Out New Security Policies

    2020-06-16

    IT World Canada: Half a year after suffering arguably the worst data breach in Canadian history, LifeLabs provided its customers with an update on what it’s doing to make sure history isn’t repeated.

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    U.S. Investigating Hacker Ring Paid to Target Corporate Critics

    2020-06-09

    Yahoo Finance: U.S. authorities are investigating a vast hacking-for-hire operation that involves attempts to pilfer confidential communications from investigative journalists, short sellers and advocacy groups fighting climate change, according to law enforcement officials, court documents and cybersecurity officials who have tracked the scheme for years.

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    Advent Countersues Forescout, Asking Out of $1.9 Billion Deal

    2020-06-08

    Bloomberg Law: Advent International Corp. countersued Forescout Technologies Inc. in Delaware Monday, six weeks before a YouTube trial over the breakdown of their $1.9 billion take-private buyout, saying the deal’s collapse can’t be blamed on the coronavirus alone.

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