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    Industry News: ESG5

      US Financial Industry Regulator Warns of Widespread Phishing Campaign

      2020-05-04

      ZDNet: The US Financial Industry Regulatory Authority (FINRA) has issued a rare cyber-security alert today warning member organizations of "a widespread, ongoing phishing campaign."

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      Cofense Announces Additional Investment by BlackRock and Appointment of Tom McDonough to Board of Directors

      2020-04-29

      Ai Thority: Cofense, the global leader in intelligent phishing defense solutions, announced the appointment of Tom McDonough to its Board of Directors as well as an additional investment from funds managed by BlackRock Private Equity Partners to support Cofense’s growth strategies. Initially inked in 2018 and expanded in 2019, Cofense’s continued partnership with BlackRock provides additional growth capital to advance research and development as well as further the company’s global expansion.

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      Financial Sector is Seeing More Credential Stuffing than DDoS Attacks

      2020-04-27

      ZDNet: The financial sector has seen more brute-force attacks and credential stuffing incidents than DDoS attacks in the past three years, F5's cyber-security unit said in a report published.

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      Cybercrime Potential Rising with Virus Upheaval

      2020-04-20

      Pensions&Investments: The millions of Americans now working from home due to the COVID-19 pandemic presents an opportunity for bad actors looking to infiltrate individual retirement accounts, sources said.

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      SBA Says Data Breach Affected Nearly 8,000 Small Businesses

      2020-04-22

      American Banker: The agency has been informing applicants for its EIDL program by paper mail that it discovered the data breach on March 25. It said in its letter that it disabled the website, took steps to prevent the breach from happening again and is offering identity theft protection services to victims through ID Experts.

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      Flaw in iPhone, iPads May Have Allowed Hackers to Steal Data for Years

      2020-04-22

      Reuters: The bug, which also exists on iPads, was discovered by ZecOps, a San Francisco-based mobile security forensics company, while it was investigating a sophisticated cyberattack against a client that took place in late 2019. Zuk Avraham, ZecOps’ chief executive, said he found evidence the vulnerability was exploited in at least six cybersecurity break-ins.

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      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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