.png?width=200&height=78&name=CH%20Diligence%20(thicker%20line).png "CH Diligence (thicker line).png")
Think Advisor: A data breach that hit technology platform Infosys McCamish Systems last year affected over 6 million customers at several financial services firms, including T. Rowe Price Retirement Plan Services, according to filings with the Maine attorney general’s office.
AOL/Reuters: The U.S. Commerce Department said it is proposing to require detailed reporting requirements for advanced artificial intelligence developers and cloud computing providers to ensure the technologies are safe and can withstand cyberattacks.
The Target: CBIZ is a management consulting company that provides financial and benefits and insurance services to various organizations and individual customers.
The Take: Hackers stole information belonging to nearly 36,000 individuals, which includes: name, contact details, Social Security Number, date of birth/death, retiree health information, welfare plan information.
The Vector: The company informs that a threat actor exploited a vulnerability in one of its web pages and was able to steal customer data between June 2 and June 21.
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.
GlobeNewswire: By leveraging advanced machine learning models, generative AI can anticipate and counteract cyberattacks by identifying patterns, predicting potential vulnerabilities, and even simulating attacks to test system defenses.
Yahoo Finance/Reuters: Zscaler shares tumbled about 16% following the cybersecurity firm's downbeat annual forecast, as macroeconomic challenges slowed spending by its customers.
Dark Reading: The recent arrest and indictment of Telegram CEO Pavel Durov in France will likely have little short-term impact on use of the platform among cybercriminals and nation-state backed hacking groups.
CSO Online: Aligning an organization’s appetite for risk with cybersecurity strategies is a critical challenge CISOs face, one that requires balancing technical controls and business needs.
Axios: Policymakers are preparing for two very different outcomes if former President Donald Trump wins a second term: A world where he overhauls the U.S. approach to defending against nation-state hacks — and another where he leaves everything exactly as it is.
FinTech Global: A recent study highlighted by ISACA points to a staggering 78% of industry professionals ranking the reputational impact as the paramount concern following cyberattacks.
SecurityWeek: In an updated SEC filing, Halliburton stopped short of confirming a ransomware extortion scheme but said the cyberattack caused significant disruptions and limitation of access to portions of its IT systems.
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
84 Chain Lake Drive, Suite 501
Halifax, NS
Canada, B3S 1A2
+1-902-429-8880
Manila
Ground Floor, Three E-com Center
Mall of Asia Complex
Pasay City, Metro Manila
Philippines 1300
Sydney
Level 36 Governor Phillip Tower
1 Farrer Place Sydney 2000
Australia
+61 (2) 8823 3370
Abu Dhabi
Floor No.15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy