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Industry News: ESG5

    Foresite Cybersecurity Partners With Crowdstrike

    2023-12-05

    Dark Reading: Foresite, announced a new partnership with CrowdStrike, a global leader in cloud-delivered protection of endpoints, cloud workloads, identity, and data protection. 

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    Japanese Tech Lobby Warns Against EU Cybersecurity Labelling Scheme

    2023-12-05

    MarketScreener: Lobby group Japan Association of New Economy has joined U.S. Big Tech to warn against proposed EU cybersecurity labelling rules that they said could hamper their access to the bloc's markets, according to a letter sent to the EU industry chief.

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    Deepfakes Emerge as a Top Security Threat Ahead of the 2024 US Election

    2023-12-05

    CSO: The United States is heading into a crucial election year, with a high-stakes presidential election that could determine the republic’s fate for decades. In addition, all 435 seats in the United States House of Representatives, 34 Senate seats, and 13 governorships are up for grabs, along with thousands of local government elections.

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    North Korean Hackers Have Stolen Over $3 Billion in Cryptocurrency: Report

    2023-12-04

    SecurityWeek: Collectively tracked as the Lazarus Group, the North Korean hackers specialize in cryptocurrency-related intrusions, mainly relying on spear-phishing emails to trick victims into authorizing malicious scripts and downloading malware.

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    Know Your Breach: General Electric

    The Target: General Electric (GE) is an American multinational company with divisions in power, renewable energy, and aerospace industries.

    The Take: According to the threat actor, "data includes a lot of DARPA-related military information, files, SQL files, documents etc." As proof of the breach, the threat actor shared screenshots of what they claim is stolen GE data, including a database from GE Aviations that appears to contain information on military projects.

    The Vector: The data was exposed through a server that was misconfigured so that it was accessible online.

    This breach is a stark reminder of how authentication controls are in an overall robust cybersecurity posture, and that good password hygiene plays a pivotal role in protection.

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    Unpacking The New SEC Cybersecurity Rules: What Every CXO Needs To Know

    2023-11-30

    Forbes: The hyper-connected nature of our world, the growing use of cloud applications and the fact that data now resides anywhere are all contributing factors to the ubiquity of cyberattacks. 

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    Okta Hackers Stole Data on All Customer Support Users in Major Breach

    2023-11-29

    CNBC: The news sent shares down as much as 7% in pre-market trading, although the stock recovered after Okta posted earnings that beat estimates. The company had originally been expected to report earnings after the bell, but moved its report up to the morning shortly after it disclosed the expanded breach in a blog post filed with the SEC.

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    The Role Of Outsourcing In Navigating The Cybersecurity Skills Gap

    2023-11-29

    Forbes: On one hand, 63% of cybersecurity professionals complain that working conditions have become more difficult over the last two years owing to a heavy surge in cyberattacks, mounting data privacy concerns, overwhelming workloads, budget restrictions, staffing shortages and a complex regulatory environment.

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    CrowdStrike Forecasts Strong Q4 Revenue on Resilient Cybersecurity Demand

    2023-11-28

    US News: CrowdStrike Holdings on Tuesday forecast fourth-quarter revenue above Wall Street estimates, driven by resilient demand for its cybersecurity offerings in the wake of rising online threats.

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    Police Dismantle Ransomware Group Behind Attacks In 71 Countries

    2023-11-28

    Bleeping Computer: In cooperation with Europol and Eurojust, law enforcement agencies from seven nations have arrested in Ukraine the core members of a ransomware group linked to attacks against organizations in 71 countries.

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