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Industry News: ESG5

    CISA Director Jen Easterly to Step Down

    2024-11-19

    SecurityWeek: The US government’s cybersecurity agency CISA on Tuesday confirmed that director Jen Easterly and deputy Nitin Natarajan will depart on January 20, clearing the way for a leadership overhaul by the incoming administration.

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    Audit Committees Expand Oversight to ESG, Cybersecurity, AI: EY

    2024-11-18

    CFO Dive: The SEC this year blunted requirements of a rule focused on climate risk disclosure before putting the regulation on hold in the face of legal challenges. Companies would be required to disclose the impact of climate change on their finances, operations and business strategy.

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    Know Your Breach: Hot Topic

    The Target: Retail giant Hot Topic, which has more than 640 stores across the U.S.

    The Take: The stolen data includes email addresses, physical addresses, phone numbers, purchases, genders, and dates of birth. Partial credit card data was also included in the breach, including credit card type, expiry dates, and the last four digits of the card number.

    The Vector: The breach occurred on October 19 and was claimed by a threat actor operating under the alias “Satanic” on October 21. In a post on the cybercrime forum BreachForums, Satanic claimed to have stolen 350 million user records from Hot Topic and its affiliated brands, Box Lunch and Torrid.

    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.

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    Bitsight Buys Dark Web Security Specialist Cybersixgill for $115 Million

    2024-11-14

    TechCrunch: More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a stake in the business and became its largest shareholder in 2021, is acquiring Cybersixgill for $115 million.

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    Middle East Cybersecurity Efforts Catch Up After Late Start

    2024-11-13

    Dark Reading: The increase in cyber operations, disruptive attacks, and hacktivism in the Middle East has led the region's largest nations to pursue more sophisticated cybersecurity laws and frameworks over the past decade, leading to a dynamic regulatory landscape that companies need to navigate moving forward, according to regional experts.

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    Investigation Underway After Alberta Crown Corporation Hit by Cyberattack

    2024-11-13

    Yahoo News: An Alberta Crown corporation says it recently experienced "network issues" after it was the target of a cyberattack. Dwayne Brunner, a spokesman for Alberta Innovates, wouldn't confirm when the issues began, but said an investigation is underway and all network problems have been resolved.

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    Generative Disinfo is Real — You’re Just Not the Target, Warns Deepfake Tracking Nonprofit

    2024-11-12

    TechCrunch: Many feared that the 2024 election would be affected, and perhaps decided, by AI-generated disinformation. While there was some to be found, it was far less than anticipated. But don’t let that fool you: The disinfo threat is real — you’re just not the target.

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    Jones Walker Unveils 2024 Cybersecurity Survey Exposing Critical Gaps in Community and Mid-Size Banks

    2024-11-12

    PR Newswire: Jones Walker LLP today announced the release of its 2024 Community and Mid-Size Banks Cybersecurity Survey, the fourth in the law firm's series of industry-focused, biannual cybersecurity studies. 

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    FBI, CISA, and NSA Reveal Most Exploited Vulnerabilities of 2023

    2024-11-12

    ​Bleeping Computer: The FBI, the NSA, and Five Eyes cybersecurity authorities have released a list of the top 15 routinely exploited vulnerabilities throughout last year, most of them first abused as zero-days.

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    Federal Government Launching Research Institute for AI Safety

    2024-11-12

    Yahoo News: The federal government is opening a research centre that will study the dangers posed by artificial intelligence technology. Industry Minister François-Philippe Champagne announced the launch of the Canadian Artificial Intelligence Safety Institute in Montreal.

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