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Industry News: ESG5

      Most Businesses Expect Cybersecurity Threats to Increase Over the Next Year

      2021-11-23

      Tech Radar: Polling 3,600 business and technology executives from around the world for the report, PwC found multiple factors contributing to the rising threat of cybercrime, including lower barrier for entry for numerous types of malware attacks, rising complexity of organizations due to mergers and acquisitions, remote working, or multi-vendor environments, to name but a few.

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      Cybersecurity Investing Always Fashionable

      2021-11-22

      ETF Trends: Cybersecurity is such an important theme that there an entire month devoted to awareness of it. For investors, the relevance of cybersecurity lasts for all 12 months of the year, and there are multiple avenues for addressing that relevance.

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      4 Key Cybersecurity Threats to New Central Bank Digital Currencies

      2021-11-20

      World Economic Forum: With G7 officials recently endorsing principles for central bank digital currencies (CBDC), and over 80 countries launching some form of initiative related to CBDC, it seems their widespread deployment is a matter of time.

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      Vaccine Research Among Cyber Attack Targets

      2021-11-17

      BBC: The National Cyber Security Centre says it handled a record 777 incidents between August 2020 and September 2021. Its annual review said protecting the health sector became an urgent priority over the period.

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      How Hackers Are Targeting Cryptocurrency

      2021-11-02

      Dark Reading: As the cryptocurrency and digital asset markets mature, so have hackers' approaches to compromising exchanges, asset owners, and other parts of the crypto-financial ecosystem. Whereas cryptocurrencies' role in attacks used to simply be ransomware payments, the market has changed.

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      Over 3 Million CoinMarketCap Email Addresses Leaked to Dark Web: Report

      2021-10-24

      Coin Desk: Millions of email addresses associated with the crypto market data website CoinMarketCap (CMC) have reportedly been compromised.

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      Supply Chain Attacks Are the Hacker's New Favourite Weapon. And the Threat Is Getting Bigger

      2021-10-20

      ZDNet: Compromising a business supply chain is a key goal for cyber attackers, because by gaining access to a company that provides software or services to many other companies, it's possible to find a potential way into thousands of targets at once.

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      Allocators and Managers Remain Vulnerable to Cybersecurity Threats

      2021-10-20

      Institutional Investor: Traditional asset managers, hedge funds, and private equity firms are spending billions to protect against hackers and cybersecurity attacks. But public pension plans, which are often understaffed and underfunded, are among the most vulnerable. Still, no matter how much is spent to protect vulnerable systems, the breaches often involve simple ruses. 

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      How Hedge Funds Solve Cyber Security Issues with Software

      2021-10-13

      Legal Reader: The institutions offering financial services are 300 times more exposed to the threat of cyber criminals. According to the latest survey of KPMG Business Instincts, many C-suites are always at the risk of some form of cyber-attack due to low technology investment. If the companies continue overlooking the pressing and rising concern surrounding cyber security, they are at risk of losing everything.

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      Training and Technology Are Critical to Ensuring Cybersecurity for Private Equity Firms

      2021-10-05

      Private Equity Wire: Over the past 18 months, the shift towards working from home has exposed private equity firms to a far higher threat of cyberattacks, and many have wanted to review their cybersecurity options to ensure good defences against cyber-attack, says George Ralph, Global Managing Director and CRO of business IT consultancy RFA, who specialise in cloud, data, and cybersecurity solutions.

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