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    Industry News: ESG5

      Most Enterprises Can’t Secure AI, Accenture Says

      2025-07-01

      CIO Dive: CIOs are under pressure to move AI projects along faster and demonstrate the corresponding value, but a need for speed doesn’t always translate to sustainable momentum. 

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      DOJ Charges 4 North Koreans in $1 Million Crypto Theft From Blockchain Startup

      2025-07-01

      Cointelegraph: Four North Korean nationals were charged in the state of Georgia with wire fraud and money laundering after posing as remote IT workers at US and Serbian blockchain companies and stealing almost $1 million in crypto, prosecutors said.

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      Know Your Breach: McLaren Health Care

      The Target: McLaren is a nonprofit health system in the U.S. with $6.6 billion in annual revenue, operating a network that spans 14 Michigan hospitals (2,624 beds).

      The Take: The McLaren data breach notification sample submitted to U.S. authorities confirms that full names were exposed, redacting other data types that were exposed. Therefore, the full extent of the data breach remains unclear.

      The Vector: In the notice sent to impacted individuals, McLaren Health Care admits that the incident concerned a ransomware attack, though the INC ransomware gang, believed to be responsible for the attack, is still not mentioned.

      This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

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      Judge Approves AT&T’s $177 Million Data Breach Settlement

      2025-06-25

      Cybersecurity Dive: The consolidated class action highlights a growing concern for business leaders: the steady escalation of cybersecurity threats and data breach costs.

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      Cycurion Secures $8 Million In New Cybersecurity Contracts

      2025-06-25

      Investing.com: Cycurion, Inc., a cybersecurity firm with trailing twelve-month revenue of $17.4 million and current market capitalization of $12.5 million, has secured several new contracts totaling over $8 million with government and commercial clients, the company announced.

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      Cyber Insurance Premiums Drop For First Time, Report Finds

      2025-06-24

      Cybersecurity Dive: Last year’s decrease in the premiums generated from cyber insurance represents the first such decline since the National Association of Insurance Commissioners began collecting data in 2015, according to AM Best’s report.

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      US Braces for Cyberattacks After Bombing Iranian Nuclear Sites

      2025-06-23

      SecurityWeek: After the US bombed three key nuclear sites in Iran, the regime in Tehran vowed to retaliate. The Department of Homeland Security (DHS) issued a national terrorism advisory system bulletin, warning that the Iranian government has publicly condemned the United States’ involvement in the conflict and that retaliation could come in several forms.

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      Citing Strategic Shift, SEC Withdraws 14 Biden-Era Proposals

      2025-06-16

      Plan Adviser: The Securities and Exchange Commission has withdrawn 14 proposed rules and amendments issued between March 2022 and November 2023, under former President Joe Biden, continuing the agency’s regulatory shift under leadership appointed by President Donald Trump. 

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      Hackers Switch to Targeting U.S. Insurance Companies

      2025-06-16

      Bleeping Computer: Threat intelligence researchers are warning of hackers breaching multiple U.S. companies in the insurance industry using all the tactics observed with Scattered Spider activity.

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      Know Your Breach: Sensata

      The Target: Sensata is a global industrial tech firm specializing in missioncritical sensors, controls, and electrical protection systems. It serves the automotive, aerospace, and defense industries, among others, and has an annual revenue of over $4 billion.

      The Take: The company is now notifying an undisclosed number of impacted individuals that the following data was stolen: Full name, address, Social Security Number (SSN), driver's license number, state ID card number, passport number, financial account information, payment card information, medical information, health insurance information, date of birth.

      The Vector: Subsequent investigations into the incident supported by an external expert showed that the ransomware actors breached Sensata's network on March 28, 2025.

      This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.

      Read more...

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