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Industry News: ESG5

    Livingbridge Invests In Cyber Security Services Provider Quorum Cyber

    2022-01-05

    Private Equity Wire: Livingbridge’s investment includes growth capital to enable Quorum Cyber to capitalise on strong macro tailwinds in the cyber security sector and execute its ambitious growth plans through increased investment in its solutions as well as sales and marketing functions.

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    FINRA, FCA Warn Firms of Cybersecurity Threat

    2021-12-15

    Advisor's Edge: egulators in the U.S. and U.K. are warning the financial industry about a cybersecurity vulnerability that has been uncovered with open-source software widely used in enterprise applications and cloud services.

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    Russian Man Sentenced for Providing ‘Bulletproof Hosting’ for Cybercriminals

    2021-12-01

    The Unites States Department of Justice: A Russian man was sentenced today for providing “bulletproof hosting” services, which were used by cybercriminals between 2009 to 2015 to distribute malware and attack financial institutions and victims throughout the United States.

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    40% of Global Investment In Cyber Comes to Israel – Ex-Cyber Czar

    2021-11-28

    The Jerusalem Post: Forty percent of all private financial input into cyber technology and companies is invested in Israel, a new book co-written by founder of the Israel’s National Cyber Directorate has revealed.

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    Russian Cybersecurity Entrepreneur Detained for Treason Claims Innocence

    2021-11-23

    The Moscow Times: Top cybersecurity entrepreneur Ilya Sachkov, who was arrested under charges of “state treason” in late September, has claimed he is innocent and asked Russian President Vladimir Putin to transfer him from jail to house arrest during the investigation. 

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    US, UK Warn of Iranian Hackers Exploiting Microsoft Exchange, Fortinet

    2021-11-17

    Bleeping Computer: The warning was issued as a joint advisory released by the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), the Australian Cyber Security Centre (ACSC), and the United Kingdom's National Cyber Security Centre (NCSC).

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    Ethical Hackers In Saudi Arabia Take On Cybercriminals, Fraudsters

    2021-11-12

    Arab News: The growing popularity of e-commerce, online public services and social media in Saudi Arabia has brought many benefits that can improve the quality of day-to-day life.

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    Cyber Security Breaches Are Greatest Staff-Related Risk, According to Attendees of Walkers’ Employment Conference on Equipping the Board

    2021-11-11

    Lexology: Cyber security breaches are overwhelmingly the greatest staff-related risk for a financial services business, according to a survey of Channel Island employers at Walkers' three-day virtual employment law conference.

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    Cyber Budgets of UK Enterprises Shrank During COVID-19 Pandemic: Report

    2021-11-11

    UKTN: The unexpected onset of the COVID-19 pandemic and the shift of workspace have led to a rapid increase in cyber-attacks across the world. According to Check Point research, the number of ransomware assaults worldwide increased by 102% in 2021.

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    Labour Party Members' Data Hit By Cyber Incident

    2021-11-03

    BBC: Labour has yet to reveal who the third party is, the scale of the incident or what type of data was affected.

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