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BBC: More than 147 million Americans were affected in 2017 when hackers stole sensitive personal data including names and addresses. Some UK and Canadian customers were also affected. China has denied the allegations and insisted it does not engage in cyber-theft.
Institutional Investors: Investment firms that get hacked, hike fees, or switch portfolio managers can expect to land in the hot seat with their institutional clients.
City A.M.: Callsign, which uses AI to verify the identity of users, is signing off on a deal with JP Morgan Asset Management, which manages $2 trillion (£1.5 trillion) for global clients, Sky News reported.
Reuters: Israeli venture capital firm Jerusalem Venture Partners (JVP) opened a cybersecurity center in New York City to help launch new companies, and said it was looking to build a similar hub in Europe.
ZDNet: Professional services firm PwC surveyed over 1,600 CEOs from around the world and found that cyberattacks have become the most feared threat for large organisations – and that many have taken actions around their personal use of technology to help protect against hackers.
ZDNet: In 2019, hackers have successfully breached 11 major cryptocurrency exchanges and have stolen more than $283 million worth of cryptocurrency, according to blockchain analysis firm Chainalysis.
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.
