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World Economic Forum: Lawmakers are seeking to strengthen cybersecurity requirements across the European Union, advancing new legislation to bolster security requirements for all digital hardware and software products.
Private Equity Wire: Pando’s strategic technology leadership has helped drive the growth of Adams Street’s global private markets investment platform. She has overseen the build-out of front office investment and CRM systems, as well as back-office operations, reporting, and risk management systems.
Bleeping Computer: Revolut has suffered a cyberattack that gave an unauthorized third party access to personal information of tens of thousands of clients.
ABC News: The European Union's executive arm proposed new legislation that would force manufacturers to ensure that devices connected to the internet meet cybersecurity standards, making the 27-nation bloc less vulnerable to attacks.
Cision: Picus Security, the pioneer of Breach and Attack Simulation (BAS) technology, released cyber incident data obtained from the UK's Financial Conduct Authority (FCA). Through a Freedom of Information (FOI) request, Picus can reveal a steep rise in Distributed Denial-of-Service (DDoS) attacks reported to the regulator.
PYMNTS: A proposed European Union bill will fine makers of “internet of things” (IOT) products if they don’t meet stringent rules aimed at cutting down on cyberattacks, the Financial Times (FT) wrote.
BNN Bloomberg: Lombard Odier Investment Managers said the “shocking” results of an analysis into cybersecurity risks lurking in portfolio companies have led it to apply ESG processes far more broadly to protect its funds from losses.
Info Security: A new security framework for the UK’s telecommunications industry is set to come into effect in October, making the UK’s telecoms security regulations among the strongest in the world.
Business Live: Mid-market private equity firm LDC has sold its minority stake in Nottingham-based managed IT and cyber services provider Littlefish to Bowmark Capital following a three-year partnership.
The Washington Post: A ransomware gang is leaking documents revealing just how deeply they penetrated the systems of a U.K. water treatment plant that serves hundreds of thousands of customers, potentially gaining access to controls of the facility.
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