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Industry News: ESG5

Cybersecurity Needs to Be Proactive with Involvement from Business Leaders

2021-02-18

Tech Republic: Effective CISOs and other leaders are those who plan for today but with an eye on tomorrow, and always put people first, according to Christopher Krebs, former director of the Department of Homeland Security's cybersecurity and infrastructure agency.

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U.S. Charges Three North Koreans in $1.3 Billion Hacking Spree

2021-02-17

Reuters: The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie studios, the Department of Justice said.

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White House Says Solarwinds Probe Could Take ‘Months’

2021-02-17

The Mercury News: The US government’s probe into the devastating SolarWinds breach is likely to take “several months” at least, according to the top White House cybersecurity official, speaking to reporters Wednesday in the Biden administration’s first public assessment of the gravity of the suspected Russian spying campaign.

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Appgate, A Leading Cybersecurity Company, to Merge with Public Company Newtown Lane Marketing

2021-02-09

Businesswire: Newtown Lane Marketing, Incorporated and Appgate (the “Company”), an industry leading secure access company, today announced that they have entered into a definitive merger agreement. Upon consummation of the transaction, Appgate will become a public company with significant financial resources to accelerate growth, scale, and go-to-market strategies.

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New York Regulator Issues Guidance for Insurers Writing Cyber Policies In the State

2021-02-04

Insurance Journal: The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance the regulator has issued on cyber insurance in particular.

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Suspected Chinese Hackers Used SolarWinds Bug to Spy On U.S. Payroll Agency

2021-02-02

Reuters: Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. government computers last year, five people familiar with the matter told Reuters, marking a new twist in a sprawling cybersecurity breach that U.S. lawmakers have labeled a national security emergency.

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Cybercops Derail Malware Botnet, FBI Makes Ransomware Arrest

2021-01-28

Yahoo Finance: European and North American cyber cops have joined forces to disrupt what may be the world's largest network for seeding malware infections. The operation appears to strike a major blow against criminal gangs that have used that network for years to install ransomware for extortion schemes and to steal data and money.

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AMF Renews Call for Heightened Vigilance Against Cyber Threats In Québec’s Financial Sector

2021-01-27

Autorité des marchés financiers: The Autorité des marchés financiers (AMF) is concerned by the increasing number of security incidents, including cyber incidents, affecting major institutions in Québec’s financial sector. The AMF is therefore again calling on the financial institutions and businesses it supervises to adequately assess information technology risks and take all necessary steps to bolster privacy safeguards and cybersecurity.

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Governments, Insurers Should Work Together On Global Risks-executives

2021-01-26

Nasdaq: Companies, insurers and governments need to work together to help businesses cope with major risks such as climate change and cyber security, company executives said.

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Joe Biden’s Cybersecurity Priorities: Fixing Damage from SolarWinds Attack, Working with Allies

2021-01-20

IT World Canada: Several cybersecurity issues will be among the many early priorities for the 46th president of the United States, Joseph Biden. These include responding to recent cyberattacks believed to come from nation-states, reorganizing and reprioritizing cyber in Washington, and encouraging allies to adopt a more unified approach to issues like Internet governance and cyber norms.

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