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Tech Crunch: French aerospace and defense group Thales is procuring cybersecurity company Imperva from Thoma Bravo in a deal worth $3.6 billion.
Computer Weekly: Organisations need to consider cyber security risks in their overall environmental, social, and governance (ESG) strategy amid growing cyber threats and regulatory scrutiny, according to a cyber security expert.
The Target: Sixty-two clients of Big Four accounting firm Ernst & Young
The Take: 3 terabytes of critical information about Ernst & Young clients including financial reports and accounting documents in client folders, passport scans, Visa scans, risk and asset management documents, contracts and agreements, credit agreements, audit reports and account balances.
The Vector: The hacking campaign came to light after the Russian-speaking cybercrime group Clop began targeting a previously unknown vulnerability in MOVEit around May 27 and May 28.
This breach highlights the extreme importance of timely software updates for known software vulnerabilities, not only in systems directly under a firm’s control, but in third-party systems the firm relies upon as well. The longer a firm, or its vendors, hold out on deploying the most up-to-date software for their systems, the greater the chance an attacker will exploit the issue.
Funds Tech: The increasing digitisation of the financial services sector has brought many benefits, including enhanced efficiency, improved data management and streamlined processes.
BNN Bloomberg: The head of the Canadian Centre for Cyber Security says ransomware attacks are getting more common and sophisticated, but there's a lot the country could do to better defend itself.
Best Stocks: TPG, a leading investment firm, has recently made significant strides in the healthcare IT and cybersecurity sectors. On July 19, 2023, TPG successfully acquired Nextech, a renowned provider of clinical and administrative healthcare technology solutions for specialty physician practices.
Forbes: For many years, artificial intelligence (AI) has been a vital cyber security tool, bolstering defenses and aiding analysts in their battle against ever-evolving threats.
Yahoo News: Shares in cyber security firm Darktrace have surged after it said a probe into its finances has closed, and as it reported a jump in customers amid the evolving “ChatGPT era”.
TechCrunch: After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation.
Business Wire: SecurityWeek, a leading provider of cybersecurity news and information to global enterprises, published its analysis of cybersecurity merger and acquisition (M&A) activity for the first half of 2023.
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