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O Canada: U.S. Senate Majority Leader Chuck Schumer said he is initiating a review of recent high-profile cyber attacks on governments and businesses to find out whether a legislative response is needed.
CNN Business: The meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation last week, the company said in a statement.
Businesswire: ExtraHop, the leader in cloud-native network detection and response, today announced that it has entered into a definitive agreement to be acquired by Bain Capital Private Equity (“Bain Capital”) and Crosspoint Capital Partners (“Crosspoint Capital”) in a strategic transaction valued at $900 million.
Morning Star: Covid-19 vaccines have transformed the global economy. The companies that produce them, meanwhile, already a big target for hackers, have to be more on their toes than ever.
Global Data: Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the cybersecurity space fluctuated during 2016-2020, according to GlobalData, a leading and data analytics company.
Computing: Ransomware gangs should be tracked and disrupted using the same strategies deployed against terrorist groups, US Department of Justice officials have suggested.
CNBC: The Biden administration is urging corporate executives and business leaders to take immediate steps to prepare for ransomware attacks, warning in a new memo that cybercriminals are shifting from stealing data to disrupting core operations.
CNBC: The U.S. cybersecurity firm said the sale will split Mandiant Solutions, its cyber forensics unit, from its cloud security, network and email products.
RNZ: A report by consultancy KPMG has uncovered shortcomings in the Reserve Bank's data protection practices, which resulted in it becoming a victim of a cyber-attack on the third-party file-sharing application it used to share and store information.
Yahoo Finance: U.S. pipeline operators will be required for the first time to conduct a cybersecurity assessment under a Biden administration directive in response to the ransomware hack that disrupted gas supplies in several states this month.
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