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Private Equity International: The increasing use of technology by private equity funds seems to have struck a chord with LPs, who disagree with their managers over how prepared the latter are for cyberattacks, according to the seventh annual EY Global Private Equity Survey.
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CNN: UN experts said they are "gravely concerned" by information they have received suggesting that a WhatsApp account belonging to Saudi Crown Prince Mohammed bin Salman was used to deliver spyware to the mobile phone of Amazon CEO Jeff Bezos.
Cision: Skyview Capital, LLC ("Skyview") a global private investment firm, announced that it has acquired Fidelis Cybersecurity, Inc. ("Fidelis") from a consortium of investors. Terms were not disclosed.
ZDNet: Cyber incidents are considered the top risk to businesses globally, according to a survey of 2,718 executives across 100 countries, including CEOs, risk managers, brokers and insurance experts, with 39% listing this as their biggest worry.
BusinessWorld: We regularly hear and read about hacks, security breaches and similar cybersecurity incidents that expose vulnerabilities in corporate and government digital security systems.
IMF Blog: Last March, Operation Taiex led to the arrest of the gang leader behind the Carbanak and Cobalt malware attacks on over 100 financial institutions worldwide. This law enforcement operation included the Spanish national police, Europol, FBI, the Romanian, Moldovan, Belarusian, and Taiwanese authorities, as well as private cybersecurity companies. Investigators found out that hackers were operating in at least 15 countries.
IT World Canada: Five of the country’s biggest banks are offering cash prizes to post-secondary students and recent graduates for creating possible solutions to improve the cyber security responses of financial institutions.
Yahoo Finance: International crime fighting agency Interpol has taken action to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia.
The Wall Street Journal: The cybersecurity-vendor sector is set to trim some of its fat in 2020, venture-capital executives say, and companies that weave sophisticated technologies such as artificial intelligence into their products are the ones likely to succeed.
AP News: The U.N. General Assembly approved a resolution Friday that will start the process of drafting a new international treaty to combat cybercrime over objections from the European Union, the United States and other countries.
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