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Business Wire: Kroll, the leading independent provider of global risk and financial advisory solutions, announced its report Cyber Risk and CFOs: Over-Confidence is Costly which found chief financial officers (CFOs) to be woefully in the dark regarding cyber security, despite confidence in their company’s ability to respond to an incident.
Info Security: In a statement to the London Stock Exchange (LSE), Darktrace said "discussions with Thoma Bravo have terminated,” putting an end to the £6bn ($6.9m) deal that could have been one of the most significant M&A of 2022.
Private Equity Wire: Drawbridge, a provider of cybersecurity software and solutions to the financial services industry, has secured a strategic growth investment from Francisco Partners, a global investment firm that specialises in partnering with technology businesses.
Yahoo Finance: The hacker, who goes by the name AgainstTheWest, says they gained access to the personal information of more than 1 billion TikTok users, including users' PayPal information.
City A.M: NCC chief executive Mike Maddison said the digitisation agenda on the back of the global pandemic has created new opportunities for hackers in opening up new ways to infiltrate and take advantage of companies.
ZDNet: One of the key components of global trade is also one of the most vulnerable to cybersecurity threats – and if such an attack was successful, it would cause huge disruption with knock-on effects for people around the world.
Security Magazine: Uncertainty has become a business standard in 2022, with enterprise leaders feeling cautiously optimistic about their ability to navigate future economic, social and geopolitical uncertainty.
Commercial Observer: We’ve all done it. You leave your computer with a stranger’s promise to “keep an eye on it” in a café. Your kid messes around on your laptop in your home office. You scroll through Facebook during a tedious Zoom meeting. What’s the harm?
CoinDesk: Coinbase (COIN) failed to properly secure customers' accounts, leaving them vulnerable to theft and unauthorized transfers, a putative class action lawsuit filed against the crypto exchange last week alleges.
ZDNet: It's often said that the most important things you can do protect your accounts and wider network from hackers is to use multi-factor authentication (MFA).
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