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Industry News: ESG5

      How to Build an Organizational Culture That is 'Cybersecurity Ready'

      2022-08-09

      World Economic Forum: Cyber risk is one of the main challenges that organizations face today. The World Economic Forum's Global Risks Report 2022 highlights how cyber threats have intensified through digital transformation and growing digital dependency.

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      Here’s How to Disclose Cybersecurity Risk, According to Investors

      2022-08-04

      Tech Monitor: The way listed companies report on cybersecurity risk is not meeting the needs of investors, according to a new report from the UK’s Financial Reporting Council. Limited or ‘boilerplate’ disclosures are an indication that a company does not take cybersecurity seriously enough, investors told the Council.

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      5 Best Practices to Ramp Up Cybersecurity At Private Equity And VC Firms

      2022-07-27

      Forbes: Private equity (PE) and venture capital (VC) firms have become prime targets for cyberattacks. Perhaps unsurprisingly, cybercriminals tend to gravitate toward money, and there’s a lot of it in private equity. The numbers are mind-boggling: The average midmarket fund encounters more than 10,000 cyberattacks daily.

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      Average Data Breach Costs Hit a Record $4.4 Million, Report Says

      2022-07-27

      CNet: The average cost of a data breach rose to an all-time high of $4.4 million this year, according to the IBM Security report released Wednesday. That marked a 2.6% increase from a year ago and a 13% jump since 2020.

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      ‘Cryptojacking’ Rises 30% to Record Highs Despite Crypto Slump: Report

      2022-07-26

      Coin Telegraph: New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.

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      Hackers Scan for Vulnerabilities Within 15 Minutes of Disclosure

      2022-07-26

      Bleeping Computer: System administrators have even less time to patch disclosed security vulnerabilities than previously thought, as a new report shows threat actors scanning for vulnerable endpoints within 15 minutes of a new CVE being publicly disclosed.

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      Why Data Now Underpins the Future Security of Your Organization

      2022-07-21

      Tech Radar: As the number of different digital touchpoints grows exponentially as hybrid working(opens in new tab) cements itself, so too have the number of attack surfaces available for cybercriminals to exploit. In a world where cybercrime is evolving at a rapid pace and the threat landscape remains unpredictable and constantly shifting, one thing is clear: data increasingly underpins future security.

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      $8 Million Stolen in Large-scale Uniswap Airdrop Phishing Attack

      2022-07-13

      Bleeping Computer: Uniswap, a popular decentralized cryptocurrency exchange, lost close to $8 million worth of Ethereum in a sophisticated phishing attack. While the protocol hasn't been compromised by exploiting a vulnerability as initially suspected, the cyberattack has impacted many investors in digital assets.

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      Brazen Crooks Are Now Posing as Cybersecurity Companies to Trick You into Installing Malware

      2022-07-11

      ZDNet: Brazen cyber criminals are now posing as cybersecurity companies in phishing messages that claim the recipient has been hit by a cyberattack and that they should urgently respond in order to protect their network.

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      Cybersecurity M&A Roundup: 45 Deals Announced in June 2022

      2022-07-07

      Security Week: A SecurityWeek study showed that more than 430 cybersecurity mergers and acquisitions were announced in 2021. SecurityWeek will soon also publish an M&A analysis for the first half of 2022.

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