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Industry News: ESG5

    How Cybersecurity Roles Are Changing And What To Look For When Hiring

    2023-12-19

    CSO: Organizations globally are grappling with the impact of constant technological changes and the need to keep up with the ongoing evolution of cybersecurity capabilities.

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    Companies Are Still Trying to Figure Out How to Comply With SEC Cyber Rules

    2023-12-18

    BNN Bloomberg: Some public companies are still trying to figure out how to comply with new rules from the US Securities and Exchange Commission requiring speedy disclosure of significant cyberattacks.

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    Apparel Giant VF Reports Cyberattack on First Day of SEC Disclosure Rule

    2023-12-18

    The Record: One of the biggest apparel companies in the world reported a “material” cyberattack to the U.S. Securities and Exchange Commission (SEC) on the first day that a new cyber incident reporting rule went into effect.

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    Suspected Cyberattack Paralyzes the Majority of Gas Stations Across Iran

    2023-12-18

    SecurityWeek: Nearly 70% of Iran’s gas stations went out of service following possible sabotage — a reference to cyberattacks, Iranian state TV reported.

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    Britain's National Grid Drops China-Based Supplier Over Cyber Security Fears

    2023-12-17

    XM: Britain's National Grid NG.L has started removing components supplied by a unit of China-backed Nari Technology's 600406.SS from the electricity transmission network over cyber security fears, the Financial Times reported.

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    Cybersecurity and Cloud Networking Stocks Are The Ones to Watch For 2024, Says Barclays

    2023-12-17

    Yahoo Finance: The technology sector is set to outperform again in 2024, with cybersecurity and cloud networking stocks among those best positioned, according to Barclays. A major catalyst: artificial intelligence.

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    Know Your Breach: Toyota Financial Services

    The Target: Toyota Financial Services is the finance arm of the Toyota Motor Corporation. It is a subsidiary of Toyota and provides a range of financial services to Toyota customers and dealerships worldwide.

    The Take: Threat actors gained access to full names, residence addresses, contract information, lease-purchase details, and IBAN (International Bank Account Number).

    The Vector: Threat actors likely exploited the vulnerability Citrix Bleed to gain initial access to the company’s network.

    This breach is critical reminder that zero-day exploits do happen, and furthermore that patching software in a timely, effective manner is a key component of ensuring customer data is protected. Ensuring third-party vendors are deploying patches and fixes in accordance with a firm’s cybersecurity policy is an important step in an overall robust security posture.

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    Super Funds Advised To Come Clean On Cyber Breaches

    2023-12-13

    Financial Newswire: Less than a week after the Australian Prudential Regulation Authority (APRA) imposed additional license conditions on NGS Super over a cyber breach, a new white paper is arguing that managing communications to members is key to minimizing reputational damage.

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    US Regulator Floats Cybersecurity Plan in Response to Ion Hack

    2023-12-13

    BNN Bloomberg: The Commodity Futures Trading Commission proposed new cybersecurity rules for brokerages and swaps dealers in response to this year’s highly disruptive ransomware attack on software company Ion Trading UK. 

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    Navigating The Cyber Seas: Data Security And Privacy For Remote Staffing

    2023-12-13

    Forbes: Embarking upon the cyber frontier, this article aims to delve into the dynamic landscape of data privacy and cybersecurity, unveiling the intricate measures organizations adopt to stay at the forefront of digital defense.

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