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Industry News: ESG5

    Cybersecurity Plan for Federal Government Takes Aim at 'Inefficiencies, Blind Spots'

    2024-05-22

    Yahoo News: The federal government has unfurled a new cybersecurity strategy aimed at protecting its vast array of computer systems and information banks against a growing variety of threats.

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    Wall Street Data Security Regulations Updated by US SEC

    2024-05-21

    Spiceworks: The US SEC has announced an update to its rules regarding how Wall Street organizations respond to the theft of customer data. The changes apply to data security rules adopted in 2000. 

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    Palo Alto's Quarterly Billings Forecast Fails To Impress Investors, Shares Fall

    2024-05-21

    MSN: Palo Alto Networks' fourth-quarter billings forecast disappointed investors, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in aftermarket trading.

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    ZeroRisk Cybersecurity Expands Global Presence With US Launch

    2024-05-20

    Dark Reading: ZeroRisk Cybersecurity is thrilled to announce the launch of its U.S. operations including the opening of its first U.S. office, marking a significant milestone in the company's global expansion strategy.

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    CyberArk to Buy Thoma Bravo-Backed Venafi for $1.5 Billion

    2024-05-20

    Yahoo Finance: CyberArk Software Ltd. agreed to buy Venafi, a cybersecurity company backed by private equity firm Thoma Bravo, for $1.54 billion.

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    Thoma Bravo's LogRhythm Merges With Exabeam In More Cybersecurity Consolidation

    2024-05-16

    Yahoo Finance: Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by the likes of Cisco and Lightspeed Venture Partners.

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    Crypto Hedge Fund BlockTower Suffers A Major Exploit, But How?

    2024-05-15

    TechReport: A prominent crypto hedge fund, BlockTower Capital, has emerged as the last firm to suffer a major blow from hackers. According to reports, hackers infiltrated the company’s system, carting away a hefty sum from its assets under management (AUM).  

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    Accel Has a Fresh $650 Million to Back European Early-Stage Startups

    2024-05-13

    TechCrunch: Early-stage rounds continue to account for the majority of investments in the European startup market, and one of the biggest firms in the region announced a new fund to bolster that trend.

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    Third-Party Data Breaches Rose 49% in 2023, Reaching Record Level, New Prevalent Study Finds

    2024-05-08

    Business Wire: Prevalent Inc. published its 2024 Third-Party Risk Management Study, finding that 61% of companies experienced a third-party data breach or cybersecurity incident last year. Breaches rose 20 points — or 49% — year over year, increasing threefold since 2021.

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    Microsoft Will Hold Executives Accountable for Cybersecurity

    2024-05-08

    Dark Reading: Microsoft will make organizational changes and hold senior leadership directly accountable for cybersecurity as part of an expanded initiative to bolster security across its products and services.

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