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CNBC: Scott Van Den Berg, president of Century Management Financial Advisors, has added cybersecurity to the firm’s insurance coverage.
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.
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.
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.
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.
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.
Help Net Security: Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cybersecurity risk management fare significantly better than peers that don’t disclose their cybersecurity efforts.
Barron's: Wilson would grow up to lead first the National Security Agency’s counterterrorism mission, and later its cyber-exploitation mission. Currently Morgan Stanley Wealth Management’s cybersecurity chief, Wilson talks with Barron’s Advisor about how fraudsters are trying to gain an edge in data theft and how advisors can stay a step ahead. And she reveals how a bunch of cybercriminals “in a basement somewhere in Tehran” drew her to Wall Street.
Global News Wire: Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, has launched three new cyber insurance policies for clients across the U.S., Canada, the U.K. and Western Europe. The policies provide innovative, tailored solutions for large enterprise and mid-market clients, enabling them to fully assess, protect and recover losses related to cyber risk.
Tech Crunch: There are two types of enterprise startups: those that create value and those that protect value. Cybersecurity is most definitely part of the latter group, and as a vertical, it has sprawled the past few years as the scale of attacks on companies, organizations, and governments has continuously expanded.
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