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Industry News: ESG5

    FTC Warns Acammers are Impersonating its Employees to Steal Money

    2024-03-19

    Bleeping Computer: The U.S. Federal Trade Commission (FTC) warned today that scammers are impersonating its employees to steal thousands of dollars from Americans.

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    Cybersecurity Firm Cato Networks Hires Banks For 2025 IPO, Sources Say

    2024-03-19

    US News: Israeli cybersecurity firm Cato Networks, which was valued at more than $3 billion in a private funding round last year, has hired underwriters for an initial public offering in New York, according to people familiar with the matter.

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    Investment Advisers Pay $400K To Settle ‘AI Washing’ Charges

    2024-03-18

    Bleeping Computer: The U.S. Securities and Exchange Commission (SEC) announced that two investment advisers, Delphia (USA) and Global Predictions, have settled charges of making misleading statements regarding the use of artificial intelligence (AI) technology in their products.

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    Cisco Completes $28 Billion Acquisition of Splunk

    2024-03-18

    SecurityWeek: The networking giant paid $157 per share in cash for Splunk, a powerhouse in data analysis, security and observability tools, in a deal first announced in September 2023.

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    CFRs, CE and Cybersecurity Among CIRO’s Priorities for 2024

    2024-03-13

    Investment Executive: The Canadian Investment Regulatory Organization (CIRO) is updating its exam timeline for mutual fund dealers and sharing what its areas of focus will be during upcoming exams for all dealers.

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    Ivanti Breach Prompts CISA To Take Systems Offline

    2024-03-11

    Dark Reading: According to officials, threat actors breached the Cybersecurity and Infrastructure Security Agency's (CISA) systems using Ivanti product vulnerabilities back in February.

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    Equilend Warns Employees Their Data Was Stolen By Ransomware Gang

    2024-03-11

    Bleeping Computer: New York-based securities lending platform EquiLend Holdings confirmed in data breach notification letters sent to employees that their data was stolen in a January ransomware attack.

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    CrowdStrike Stock Jumps As Forecast Signals Strong Cybersecurity Demand

    2024-03-06

    Yahoo Finance: CrowdStrike surged 10% and sparked a rally in cybersecurity stocks after the company's upbeat annual forecasts signaled robust demand for the one-stop platform for a variety of tools amid a rise in artificial intelligence-led sophisticated attacks.

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    KKR Appoints Ruchir Swarup as Chief Information Officer

    2024-03-05

    Business Wire: KKR announced the appointment of Ruchir Swarup as a Partner and Chief Information Officer, effective immediately. In this role, Mr. Swarup will be responsible for driving KKR’s technology strategy and vision. 

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    Fidelity Customers' Financial Info Feared Stolen In Suspected Ransomware Attack

    2023-03-05

    The Register: Criminals have probably stolen nearly 30,000 Fidelity Investments Life Insurance customers' personal and financial information — including bank account and routing numbers, credit card numbers and security or access codes — after breaking into Infosys' IT systems in the fall.

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