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Yahoo Finance: Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic.
Business Wire: The focus of this next vintage will be on seizing European opportunities and supporting companies with significant global B2B scalability potential. It aims to invest ticket sizes ranging from €10 million to €50 million, including reinvestments, thus offering the potential for substantial backing to companies poised to redefine the cybersecurity landscape.
CSO: More half of the UK population would be supportive of the UK government and its allies breaking international cybersecurity law, under the right circumstances.
The Guardian: The Electoral Commission has admitted it failed a cybersecurity test in the same year that hackers successfully attacked the organization.
Bleeping Computer: The German Federal Financial Supervisory Authority (BaFin) announced that an ongoing distributed denial-of-service (DDoS) attack has been impacting its website.
The Guardian: The UK’s cybersecurity agency has warned that chatbots can be manipulated by hackers to cause scary real-world consequences.
Yahoo Finance: Private equity investors have piled $4.7 billion into European cybersecurity companies so far this year, putting deal value on course to outperform 2022, when the total reached $7.6 billion.
Help Net Security: 78% of Europe’s largest financial institutions experienced a third-party breach in the past year, according to SecurityScorecard. In the wake of attacks such as MOVEit and SolarWinds, cybersecurity regulations are increasing the need for comprehensive approaches to manage vendor risk and ensure compliance.
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