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Industry News: ESG5

    U.S. Cracks Down on Russian 'Evil Corp' Hackers After $100 Million Spree

    2019-12-05

    Reuters: U.S. authorities on Thursday took aim at a Russian cybercriminal group known as Evil Corp, indicting its Lamborghini-driving alleged leader and ordering asset freezes against 17 of his associates over a digital crime spree that has netted more than $100 million from companies across the world.

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    University of Ottawa Partners with IBM on new Cybersecurity Hub

    2019-12-04

    Ottawa Business Journal: Students and researchers at the University of Ottawa will now have access to tools and expertise on the cybersecurity sector from IBM Canada.

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    The West Failed to Prepare for Cyber Attacks, Security Chief Admits

    2019-12-04

    The Telegraph: The West was slow to respond to the threat of cyber attacks, the chief of the NATO Cooperative Cyber Defence Centre (CCDCOE) has admitted.  

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    Dell to Explore Sale of RSA Cybersecurity Unit

    2019-11-25

    Bloomberg: Dell Technologies Inc. is exploring a sale of RSA Security, a cybersecurity business it hopes could fetch at least $1 billion, including debt, according to people familiar with the matter.

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    Financial Advisors Need to Put Cybersecurity Plans to the Test

    2019-11-20

    CNBC: Scott Van Den Berg, president of Century Management Financial Advisors, has added cybersecurity to the firm’s insurance coverage.

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    Vista Equity Partners Acquires Majority Interest in Sonatype

    2019-11-18

    Private Equity Wire: The partnership with Vista will allow Sonatype to further fast-track growth and enhance its Nexus product portfolio. Several of Sonatype’s existing investors will retain a stake in the company.

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    U.S. Investors Focus on Cybersecurity as Data Concerns Deepen

    2019-11-15

    WSJ: How good a company is at cybersecurity is joining factors such as greenhouse-gas emissions and directors’ pay when it comes to investors evaluating whether or not to buy in.

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    Bank of Canada Unveils Tool to Help Sound Financial Institutions Endure Liquidity Shocks

    2019-11-12

    Reuters: Under the Standing Term Liquidity Facility (STLF), eligible provincially and federally regulated members of Payments Canada challenged by idiosyncratic shocks like natural disasters, system failures, and cyber attacks would be given access to central bank liquidity for a 30-day term, renewable at the Bank of Canada’s discretion.

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    Cybersecurity Firm ForeScout to Explore Potential Sale

    2019-11-11

    Bloomberg: Cybersecurity company ForeScout Technologies Inc. is exploring strategic options, including a possible sale, after activist investors built a stake, according to people familiar with the matter.

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    Drawbridge Partners Expands Cybersecurity Offering

    2019-11-07

    Hedgeweek: DrawbridgeConnect-R continuously analyses a firm’s vulnerabilities – rather than providing a mere point in time vulnerability assessment – and helps firms identify, prioritise and remediate organizational cybersecurity weaknesses that leave data at risk.

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