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Industry News: ESG5

    Strengthening Your IT Security Against Cyber Threats

    2020-06-05

    Cision: In the new guide from IT solutions and services provider, Softcat, in-house cyber security experts explain what it takes to enhance cyber security in collaboration with suppliers, customers and everyone in between, to ensure safety along the supply chain.

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    San Francisco Pension Data Breach May Have Exposed Bank Info

    2020-06-04

    Government Technology: The pension system’s vendor, 10up Inc., said an outside party accessed a test data server with members’ information on Feb. 24. The server was closed and 10up Inc. said there was no evidence information was removed, but could not confirm whether the data was viewed or copied.

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    CPA Canada Hit by Cyberattack, Affecting Data of More Than 329,000

    2020-06-04

    Yahoo Finance: A cyberattack on the Chartered Professional Accountants of Canada website has affected the personal information of more than 329,000 members and stakeholders, the organization said.

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    Advent Says Revenues, Not Virus, Justify Breaking Forescout Deal

    2020-06-02

    Bloomberg Law: Advent International Corp. is arguing in Delaware court that it can walk away from its planned $1.9 billion take-private buyout of Forescout Technologies Inc. over the cybersecurity company’s precipitous revenue decline, whether it was caused by the Covid-19 pandemic or not.

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    Alleged COVID-19 Scams Lead to Takedowns of More Than 1,000 Websites in Canada

    2020-05-28

    CTV: Canada’s top cybersecurity agency has initiated the takedown of more than 1,000 “malicious imitation” websites attempting to scam or misinform people about the government’s COVID-19 financial aid programs. It has also observed phishing attempts preying on people’s anxiety around the pandemic—some by state-sponsored actors— masquerading as messages from public health officials.

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    CXOs Are the Weakest Link in Mobile Device Security and Most Likely to Suffer Cyber Attacks

    2020-05-28

    ZDNet: New research released today from Mountain View, CA-based security platform MobileIron has revealed that the C-suite is the most likely group within an organization to ask for relaxed mobile security protocols, despite this group also being highly targeted by malicious cyber attacks. 

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    Bank of America Reveals Data Breach in PPP Application Process

    2020-05-26

    Charlotte Business Journal: The breach occurred on April 22, as BofA uploaded PPP applications onto the U.S. Small Business Administration's test platform, according to a filing with the California Attorney General's Office. The limited-access platform allowed lenders to test PPP submissions before the second round began.

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    Forescout Commences Litigation Against Advent International

    2020-05-20

    GlobeNewswire: Forescout Technologies, Inc. (Nasdaq: FSCT), the leader in device visibility and control, filed a complaint with the Delaware Court of Chancery asserting that affiliates of Advent International Corporation (“Advent”) have violated the terms of their merger agreement with Forescout. Forescout is asking the Court to compel Advent to honor its commitments and immediately complete the pending acquisition of Forescout.

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    Allianz Unit Names New Global Cyber Head

    2020-05-20

    Insurance Business America: Allianz Group has announced the appointment of Dr. Catharina Richter as global head of its Cyber Center of Competence (CoC). The appointment will take effect June 01.

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    Virtual Cybersecurity School Teaches Kids to Fix Security Flaws and Hunt Down Hackers

    2020-05-20

    CNN Business: What started as a school-based program to teach kids a new skill is extending into a virtual cyber school. It's filled with lessons and games to teach users how to fix security flaws on webpages, uncover trails left by cybercriminals and decrypt codes used by hackers.

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