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Industry News: ESG5

    Zero Trust and Cybersecurity: Here's What It Means and Why It Matters

    2021-09-06

    ZDNet: It seems that every tech security vendor is talking up 'zero trust' as an answer to increasingly dangerous cyberattacks, but UK cybersecurity experts warn customers its definition is a bit slippery and they should proceed with caution. 

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    State Street to Create 400 Jobs in Kilkenny with Global Cybersecurity Unit

    2021-09-01

    The Irish Times: US financial services group State Street is to establish a new global cybersecurity and technology unit in Kilkenny, which will see the creation of 400 new jobs.

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    Nine Cyber Attacks on UK's Transport Sector Missed by Mandatory Reporting Laws

    2021-08-31

    Sky News: The thresholds set for the mandatory reporting of cyber incidents across the energy, transport, health, water, and digital infrastructure sectors are so high that few if any incidents are actually being reported to government.

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    Ransomware Attacks Doubled In Frequency During Pandemic

    2021-08-23

    IT Pro Portal: Phishing may be the most common cybersecurity threat in the UK, but it could be only a matter of time before ransomware snatches the crown, a report from cybersecurity firm CybSafe suggests.

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    Ransomware Attacks Are Now the Second Most Commonly Reported Security Incident

    2021-08-19

    Beta News: Analysis by CybSafe of incidents reported to the UK's Information Commissioner's Office (ICO) shows that ransomware attacks made up 22 percent of all reported cyber security incidents in the first half of 2021. This is up from 11 percent in the first half of 2020.

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    Ukraine Shuts Down Money Laundering Cryptocurrency Exchanges

    2021-08-12

    Bleeping Computer: The Security Service of Ukraine (SBU) took down a network of cryptocurrency exchanges used to anonymize transactions since the beginning of 2021. Over 1,000 "customers" used the clandestine exchanges to launder funds received from Russian electronic payments processors, including Yandex.Money, Qiwi, and Webmoney.

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    Abrdn's Butwell Explains How AI Deal Will Benefit Advisers

    2021-08-11

    FT Adviser: Abrdn's head of adviser platforms has said the company's acquisition of AI-driven investment business Exo Investing will benefit advisers.

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    Cybersecurity Giants NortonLifeLock and Avast Merge in $8.1B Deal

    2021-08-11

    Tech Crunch: U.S. cybersecurity firm NortonLifeLock has confirmed it is acquiring British rival Avast in order to create a global consumer security powerhouse.

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    Pegasus Spyware Owner Novalpina to Be Liquidated After Failure to Resolve Internal Bust-up

    2021-07-27

    Sky News: The London-headquartered private equity firm is to be wound up following a months-long dispute between its three principals and controversy over its ownership of the surveillance technology provider NSO Group, Sky News learns.

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    White House Launches Ransomware Task Force Amid Calls for Retaliation Against Russia

    2021-07-15

    CBS News: Following a slew of high-profile ransomware attacks, the Biden administration has formed a multi-agency government task force aimed at curtailing malicious, state-sponsored cyber activity and hardening the nation's cybersecurity defenses, as more and more of American critical infrastructure migrates online. 

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