New cyber attacks aim to steal corporate funds

New cyber attacks aim to steal corporate funds

It comes as no surprise cyber attacks are continuing. As we’ve shared in the past when discussing our Safety & Security investing theme, cyber is the new war front. Now we are seeing is a more pronounced change in the types of attacks (ransomware) and the targets (healthcare and small businesses). Perhaps the thinking is […]

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The SEC is calling for better controls as cyber scams grow

The SEC is calling for better controls as cyber scams grow

The growing frequency of cyber scams is leading the Securities Exchange Commission (SEC) to take notice given the underlying assumption of investor trust in a company’s internal controls. Should the SEC start dolling out fines for lax corporate behavior, it would lead to fresh wave of spending on cyber security solutions.

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BMO and CIBC attacks are reminders of the growing cyber threat

BMO and CIBC attacks are reminders of the growing cyber threat

Another reminder that cybersecurity, a key aspect of our Safety & Security investing theme and our Safety & Security Index, is the 21st century version of insuance – one needs to have for when something does go wrong. With $445 billion lost last year to cybercrime, I see that making cybersecurity a must have for […]

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Pacemaker Security Update Needed to Protect Hearts From Being Hacked

Pacemaker Security Update Needed to Protect Hearts From Being Hacked

If you need more evidence that we are living in an increasingly internet-connected world, look no further than a recent software update aimed at making sure 465,000 people with pacemakers don’t have hearts that are vulnerable to hackers. The U.S. Food and Drug Administration announced this week that medical device company Abbott has issued a […]

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