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Industry News: ESG5

      Inflation, Cybersecurity Key Concerns for UAE Investors

      2022-08-08

      Zawya: Inflation, cybersecurity and risk of a potential recession are key concerns for UAE investors, with as many as 45% of them holding off on big purchases and 72% concerned about the long-term impact on retirement savings, a report said.

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      Tory Leadership Contest Ballot Papers Delayed Over Security Fears

      2022-08-04

      BBC: The party said it had changed its plans for the contest, which will decide the next prime minister, after consulting with security agency GCHQ.

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      LockBit Claims Ransomware Attack on Italian Tax Agency

      2022-07-26

      Bleeping Computer: Italian authorities are investigating claims made by the LockBit ransomware gang that they breached the network of the Italian Internal Revenue Service (L'Agenzia delle Entrate).

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      BlackRock-Backed Round Values Cyber Firm Acronis at $3.5 Billion

      2022-07-26

      BNN Bloomberg: Cybersecurity provider Acronis raised $250 million in new funding from institutional investors earlier this year to expand its business, including through acquisitions and hiring.

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      EIS Fund Custodian Suffers Data Breach After Cyber-attack

      2022-07-20

      Portfolio Adviser: Hackers have infiltrated a London-based fund administrator and custodian’s IT system, potentially putting customers’ personal data at risk. Mainspring notified clients earlier this week it had suffered a data breach, following a targeted ransomware attack on the morning of 12 July.

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      Small Cybersecurity Teams Face Greater Risk from Attacks than Larger Enterprises

      2022-07-13

      Dark Reading: Cynet, the world’s first provider of an autonomous, end-to-end, fully automated extended detection and response (XDR) platform, today announced the results of its second annual “CISO Survey of Small Cyber Security Teams." 

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      Hackers Posing as Merkel Target ECB's Lagarde - German Source

      2022-07-12

      U.S. News: Unidentified hackers attempted to trick European Central Bank President Christine Lagarde into letting them open a messaging app account in her name by posing as former German chancellor Angela Merkel, a German source said.

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      UK Warns Lawyers Not to Advise Ransomware Payments

      2022-07-12

      Security Week: In a letter addressed to UK lawyers dated July 7, 2022, the UK’s National Cyber Security Center (NCSC) and the Information Commissioner’s Office (ICO), have reiterated – with teeth – the official stance on not paying a ransom.

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      Greenwich-based Information Technology Company is Acquired

      2022-07-06

      The Middletown Press: Officials with a Foxborough, Mass.-based cybersecurity firm announced their company has acquired Edge Technology Group of Greenwich, which is an information technology company serving financial firms.

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      Norway Hit with Cyberattack, Temporarily Suspending Service

      2022-06-29

      The Hill: Norway’s public and private sector websites were temporarily down on Wednesday following a cyberattack that targeted the country’s national data network, forcing it to suspend online services for several hours.

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