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Industry News: ESG5

    Private Markets: Cybersecurity Risk In Fund Administration

    2021-03-15

    Funds Europe: Last year’s Sunburst cyber-attack against public and private organisations worldwide acted as a reminder of the growing sophistication of cybercrime and the need for solid cybersecurity.

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    UK Plans ‘Full Spectrum’ Approach to National Cyber Security

    2021-03-15

    Computer Weekly: The government is to set out a new “full spectrum” approach to the UK’s national cyber security capabilities in this week’s Integrated Review of Security, Defence, Development and Foreign Policy, which is set to be published.

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    Long Ridge Equity Partners Invests In Drawbridge

    2021-03-09

    Private Equity Wire: Drawbridge will use the funds to accelerate product innovation, expand sales and marketing activities across North America and EMEA, and continue investing in its people, platform, and client services. The investment follows a period of dramatic growth for Drawbridge. Over 300 funds in the alternative investment industry – including hedge funds and private equity funds – with more than USD800 billion in Assets Under Management work with Drawbridge to build and maintain their cybersecurity programs.

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    European Banking Regulator EBA Targeted In Microsoft Hacking

    2021-03-08

    Financial Post: The European Banking Authority on Monday said it had been targeted by hackers, although no data had been obtained and it was redoubling efforts to shield itself amid a global cyber attack exploiting flaws in Microsoft’s mail server software.

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    Women In Cybersecurity Think Equality Will Take At Least 10 Years

    2021-03-04

    Beta News: The poor state of diversity in the cybersecurity industry is shown by a new report in which 57 percent of women working in the industry believe it will take at least a decade for them to be treated as equals to men, with 20 percent believing it will never happen.

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    France to Boost Cyberdefense After Hospital Malware Attacks

    2021-02-18

    Yahoo Finance: French President Emmanuel Macron on Thursday unveiled a plan to better arm public facilities and private companies against cybercriminals following ransomware attacks at two hospitals this month and an upsurge of similar cyber assaults in France.

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    UK’s Cybersecurity Sector Experiences Record Growth

    2021-02-18

    Info Security: The latest DCMS Annual Cyber Sector Report revealed there was a record £821m of investment raised by companies in this field across 73 deals in 2020, more than doubling the amount recorded in 2019.

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    Cyber Security Levels Not Consistent Among UK Pension Schemes

    2021-02-11

    Professional Pensions: The levels of cyber security are not consistent among UK pension schemes, according to research by Aon. The firm's Cyber Threats to Corporate Pension Schemes survey revealed a mixed state of cyber security, finding three in five schemes have a cyber strategy.

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    Israeli Cybersecurity Group CYE Raises $100 Million from EQT, 83North

    2021-02-10

    Reuters: Israeli cybersecurity company CYE said on Wednesday it had raised $100 million from Swedish private equity firm EQT and London-based venture capital firm 83North as it looks to expand in European and North American markets.

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    U.K. Merger Watchdog Suffers 150 Data Breaches In Two Years

    2021-02-09

    BNN Bloomberg: The U.K. government’s antitrust regulator was hit by 150 personal data breaches in the last two years, as hackers targeted its trove of sensitive business information.

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