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ETF Trends: That’s a positive for a variety of exchange traded funds, including the First Trust Nasdaq Cybersecurity ETF (CIBR). Following large-scale ransomware attacks this year on energy pipelines, meat packing plants, and other assets, the case for cybersecurity spending — and investing — has never been stronger.
IT Pro Portal: Across any industry, cybersecurity and regulatory compliance are crucial areas for business leaders to keep on top of. Both present a set of diverse, rapidly evolving challenges, each with their own unique twists and turns.
Forbes: Cybersecurity risk, once the focus of technology professionals, is now a boardroom topic. CEOs, CFOs, risk officers and audit committees are seeing cybersecurity risk come into the scope of their roles.
NBC News: For Tanja Vidovic, it was a moment of panic: She had received a series of alerts about someone changing access to her cryptocurrency account. And she realized, as she stared at her computer screen, that nearly all of her $168,000 in holdings was gone — vanished before her eyes.
Security Magazine: The findings come from Trend Micro’s biannual Cyber Risk Index (CRI) report, which measures the gap between respondents’ cybersecurity preparedness versus their likelihood of being attacked.
World Bank: Digital transformation is accelerating in many countries, offering new opportunities for economic growth and enabling low- and medium-income countries to leapfrog development through increased productivity and improved service delivery across key sectors, including finance, health, education, and agriculture.
IT Pro: The Financial Industry Regulatory Authority (FINRA) has warned of a new phishing campaign that involves fraudulent emails using domain names pretending to be the financial regulator.
Hedge Week: The implications have been profound as it has become more critical than ever for management firms to offer staff – everyone from portfolio managers to back office teams – the ability to access essential systems remotely.
CNN Business: Hackers have stolen some $600 million in cryptocurrency from the decentralized finance platform Poly Network, in what it says is the largest theft in the industry’s history.
Computer Weekly: The average ransom paid by victim organisations has increased by 82% since 2020 to a record $570,000, as cyber criminals intensify their ransomware efforts with increasingly aggressive tactics, according to data from Palo Alto Networks Unit 42 security consulting group.
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