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Industry News: ESG5

    Linksys Asks Users to Reset Passwords After Hackers Hijacked Home Routers Last Month

    2020-04-16

    ZDNet: Router vendor Linksys has locked user accounts on its Smart WiFi cloud service and is asking users to reset passwords after hackers have been observed hijacking accounts and changing router settings to redirect users to malware sites.

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    Stay off Zoom and Google Hangouts, Standard Chartered Chief Tells Staff

    2020-04-14

    Reuters: Standard Chartered Plc (STAN.L) is the first major global bank to tell employees not to use Zoom Video Communications Inc (ZM.O) during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.

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    Zoom: We're Freezing All New Features to Sort Out Security and Privacy

    2020-04-02

    ZDNet: Elon Musk's SpaceX has banned employees from using video-conferencing app Zoom over "significant privacy and security concerns", according to a memo seen by Reuters.

    In response to these concerns, Zoom has announced it is immediately freezing feature development for 90 days to improve security and privacy and will conduct a third-party security review. 

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    Why All Employees Are Responsible for Company Cybersecurity

    2020-04-01

    Dark Reading: A recent lawsuit filed regarding the infamous 2017 Equifax data breach revealed that the company was using "admin" as a username and password to protect sensitive data from 147 million customers — even though this password has been exposed through data breaches almost 50,000 times, according to the Have I Been Pwned database.

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    Why Third-Party Risk Management Has Never Been More Important

    2020-03-31

    Dark Reading: Over recent weeks, the ongoing spread of the COVID-19 coronavirus has forced companies around the country to make difficult decisions about how to protect their employees — as well as their communities as a whole.

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    Marriott Says New Data Breach Affects 5.2 Million Guests

    2020-03-31

    CTV: Marriott says guests' names, loyalty account information and other personal details may have been accessed in the second major data breach to hit the company in less than two years.

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    U.S. Cybersecurity Experts See Recent Spike in Chinese Digital Espionage

    2020-03-25

    Reuters: A U.S. cybersecurity firm said Wednesday it has detected a surge in new cyberspying by a suspected Chinese group dating back to late January, when coronavirus was starting to spread outside China.

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    Financial Companies Leak 425GB in Company, Client Data Through Open Database

    2020-03-19

    ZDNet: vpnMentor researchers led by Noam Rotem said the database appears to be connected to MCA Wizard, a now-defunct app that appears to have been developed by Advantage Capital Funding and Argus Capital Funding. 

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    Private Equity Is a Tantalizing Target for Ransomware Hackers

    2020-03-17

    Bloomberg: Norm Hullinger was heading into work one day in October when he got a call that his company’s network was acting up. It was no simple glitch. Hackers had started freezing the data of Alphabroder, a sportswear distributor. They wanted more than $3 million to restore it. Grappling with whether to pay, Hullinger, the chief executive officer, embarked on a journey that’s increasingly familiar to law firms, hospitals, and cities that have found themselves on the other end of negotiations with ransomware criminals.

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    Cyber-Attack Hits U.S. Health Agency Amid Covid-19 Outbreak

    2020-03-16

    Bloomberg: The U.S. Health and Human Services Department suffered a cyber-attack on its computer system, part of what people familiar with the incident called a campaign of disruption and disinformation that was aimed at undermining the response to the coronavirus pandemic and may have been the work of a foreign actor.

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