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The Straits Times: The Monetary Authority of Singapore (MAS) and Mastercard on April 9, 2024 signed a memorandum of understanding (MOU) to enhance cooperation in cyber security, specifically with the aim of strengthening cyber resilience in Singapore’s financial services sector.
StreetInsider: A growing number of cyber-attacks owing to the proliferation of e-commerce platforms, emergence of smart devices, and deployment of cloud are some key factors propelling Cybersecurity Market growth.
The Target: Prudential Insurance — one of the largest insurers in the United States.
The Take: The company said the names, addresses, driver's license numbers or ID cards of 36,545 were accessed.
The Vector: The company filed documents with the SEC on February 13 warning that a “cybercrime group” was able to access “administrative and user data from certain information technology systems and a small percentage of Company user accounts associated with employees and contractors.”
This breach is a stark reminder of how strong authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.
Cointelegraph: The United States National Institute of Standards and Technology (NIST) said it awarded cooperative agreements of almost $3.6 million, aiming to build a workforce to help guard businesses against cybersecurity risks.
Yahoo Finance: Canada's BlackBerry reported a surprise profit for the fourth quarter, helped by higher demand for its cybersecurity services amid growing online crimes and high-profile hacks.
MSN: Amazon, Alphabet's Google and Microsoft may find it easier to bid for EU cloud computing contracts after draft cybersecurity labelling rules scrapped a requirement that vendors should be independent from non-EU laws, according to the document seen by Reuters.
PR Newswire: Corsica Technologies, a leader in Cybersecurity and IT Managed Services, has released an illuminating study that sheds light on the current landscape of technology outsourcing in midmarket companies.
TechCrunch: Seven open source foundations are coming together to create common specifications and standards for Europe’s Cyber Resilience Act (CRA), regulation adopted by the European Parliament last month.
PR Newswire: Lockchain.ai, the AI-powered Blockchain Risk Management platform, has announced its official launch from stealth to bring automated risk management solutions to traders, investors, and fund managers in the blockchain ecosystem.
Yahoo Finance: Rubrik plans to list its shares in a U.S. initial public offering, the cybersecurity platform said in a filing, adding to a growing wave of companies turning to capital markets after a two-year lull.
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