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Industry News: ESG5

    NYC Tech Commissioner Left Atlanta Job Shortly Before Crippling Cyberattack

    2019-04-11

    Nypost:  City Hall’s bumbling tech czar previously held a similar job in Atlanta — which was crippled by a cyberattack shortly after he left for the Big Apple. Samir Saini, who’s enmeshed in a scandal over an entirely preventable crash of the city’s in-house wireless network, was Atlanta’s chief information officer when Mayor Bill de Blasio named him head of the Department of Information Technology and Telecommunications in January 2018...

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    How Blackberry has Become a Cyber-Security Player

    2019-04-16

    eWeek:  BlackBerry is a very different company today than it was a decade ago, as the one-time mobile giant is now firmly positioning itself to be a global player in the cyber-security market. Among the new assets in the BlackBerry security portfolio is Cylance, which BlackBerry acquired in a $1.4 billion deal announced in November 2018. Cylance is, however, only one of many cyber-security technologies within BlackBerry. In a video interview with eWEEK, BlackBerry CTO Charles Eagan explains what his company is now doing in cyber-security as it transitions away from its mobile device past...

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    With $600 Million Cybersecurity Budget, JP Morgan Chief Endorses AI and Cloud

    2019-04-08

    Security Week:  JPMorgan Chase spends Roughly $600 Million Annually on its Security Efforts, and Employs Around 3,000 People Involved With Cybersecurity. In his annual letter to shareholders, Jamie Dimon, chairman and CEO of JPMorgan Chase discusses the position and role of the bank in America and the American economy. Against a background of strong performance ($32.5 billion in net income on revenue of $111.5 billion in the last year...

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    City Treasurer Sends $128,000 to Fraudsters in Email Phishing Scam

    2019-04-09

    CTV:  After an investigation, City of Ottawa Auditor General, Ken Hughes, says City Treasurer, Marian Simulik, sent nearly $98,000US to fraudsters posing as City Manager Steve Kanellakos. It happened in July 2018. Hughes says that’s when Simulik received an email that looked like it was from Kanellakos asking the treasurer to send money to a company for work done...

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    E-Mail Log-in Details of Govt Staff Put Up for Sale on Dark Web

    2019-03-22

    StraitsTimes: E-mail log-in information of employees in several government agencies and educational institutions, as well as details of over 19,000 compromised payment cards from banks here, has been put up for sale online by hackers. Russian cyber-security company Group-IB revealed on Tuesday that it discovered the user log-ins and passwords from several government organisations on the Dark Web over the past two years. The compromised payment card information, which it said was valued at more than US$640,000 (S$863,000), was found last year...

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    Council Staff Caught Out By Fake Phishing Emails to Test Cyber Security

    2019-03-26

    Chichester: Members of the regulation, audit & accounts committee were told on Monday that, in order to assess weak points within the council’s cyber defence, a variety of emails were sent to 886 staff. The messages, which were sent by a third party, included offers for cheap pizza and free iPhones. Another told them they needed to change their bank details, while another claimed to be from the council itself and told them they needed to reset their work passwords...

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    Nordic Metals Firm Hydro Restoring Systems After Cyber Attack

    2019-03-17

    BusinessInsider: A prominent Silicon Valley investor and Facebook board member has denied claims that he met with a Cambridge Analytica representative as early as 2016. The Observer reported that Marc Andreessen, a founding partner at VC firm Andreessen Horowitz and current Facebook board member, hosted a meeting with former Cambridge Analytica employee Chris Wylie over concerns about the way the political consultancy was manipulating people's data...

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    A Facebook Board Member Denied Claims he Met the Cambridge Analytica Whistleblower 2 years Before the Scandal Exploded

    2019-03-17

    BusinessInsider: A prominent Silicon Valley investor and Facebook board member has denied claims that he met with a Cambridge Analytica representative as early as 2016. The Observer reported that Marc Andreessen, a founding partner at VC firm Andreessen Horowitz and current Facebook board member, hosted a meeting with former Cambridge Analytica employee Chris Wylie over concerns about the way the political consultancy was manipulating people's data...

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    JPMorgan Hack Suspect is Helping the US; Here’s What He May Offer

    2019-03-17

    BusinessStandard: He’s the accused mastermind of one of the biggest hacks ever. He and his crew allegedly pilfered information from more than 80 million JPMorgan Chase & Co. clients and ran online gambling, stock manipulation and money laundering schemes around the world. Gery Shalon, charged with those crimes four years ago, has rarely appeared in court since he was extradited to the US. Now it’s clear why: Shalon is helping US authorities, according to people familiar with the matter...

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    Citrix Hacked by Password-Spraying Attackers, FBI Warns

    2019-03-11

    BankInfoSecurity: Citrix Systems says it's investigating an apparent penetration of its network and theft of business documents by hackers. The technology giant, which is based in Fort Lauderdale, Florida, says it was alerted to the suspected intrusion on Wednesday by the FBI and that it has launched a digital forensic investigation...

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