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Dark Reading: According to its annual "State of Enterprise Risk Management" report, ISACA found that 29% of the 4,625 risk managers polled identify cybersecurity at the top threat to their business, while 15% consider reputational risks and 13% name financial dangers as most critical...
Institutional Investor: Hackers breached the official email accounts of investment executives at the Kansas University endowment and Community Foundation of Texas late last month. This week, attackers hit hedge fund Arena Investors, sending a malicious phishing email from its chief operating officer’s address.
ZDNet: It is unclear how today's Sophos acquisition will impact plans to buy McAfee, but the two companies -- Sophos and McAfee -- are classic rivals on the cyber-security market and share a product portfolio, so the door seems to have closed on the McAfee deal.
Business Wire: Tripwire, Inc., a leading global provider of security and compliance solutions for enterprises and industrial organizations, today announced the results of a survey examining how organizations are addressing industrial control system (ICS) cyber threats.
Pensions & Investments: In the survey of 531 retirement plan advisers at the NAPA 401(k) Summit in April, 35% of respondents ranked the issue of client retention "very important" compared with 24% the previous year when NAPA first conducted the survey. Thirty-five percent also ranked cybersecurity as very important. Cybersecurity was not included as an option in the 2018 survey.
New York Post: The New York Attorney General sued the retail chain formerly known as Dunkin Donuts for its handling of a cyber-security lapse that gave hackers access to hundreds of thousands in store credit that could only be used to buy crullers and other Dunkin products.
CNet: California is poised to enact the country's most stringent privacy law on Jan. 1, but the driving force behind the California Consumer Privacy Act wants privacy rights in the state to be even stronger.
Bloomberg: A Russian hacker admitted Monday that he executed the largest known cyber-attack against a U.S. bank, pleading guilty to charges that he stole data on more than 80 million clients of JPMorgan Chase & Co. and other institutions that netted hundreds of millions of dollars in ill-gotten gains.
Forbes: Acronis, a data protection and storage company, achieved unicorn status on Wednesday with a $147 million funding round led by Goldman Sachs. The company’s first major injection of cash boosts its valuation to more than $1 billion, according to CEO and founder Serguei Beloussov.
LA Sentinel: Los Angeles Mayor Eric Garcetti today announced L.A. Cyber Lab’s new Threat Intelligence Sharing Platform, as well as a free mobile app that will help people detect malicious email. Garcetti said this makes Los Angeles the first city in the nation to release a publicly available threat-sharing platform and cybersecurity app.
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