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Private Equity

OCIE issues a new Cybersecurity: Ransomware Alert

Today the OCIE issued a Ransomware Alert, highlighting an uptick in sophisticated social engineering and other cyber campaigns, designed to infiltrate the networks of financial institutions to access sensitive information and/or to deploy ransomware. As a reminder, ransomware actors typically demand monetary payment for the return of data. We can spend time regurgitating what was

Palo Alto Networks Vulnerability – CVE-2020-2021

On June 29, 2020 Palo Alto Networks published a notice about a critical vulnerability affecting their devices. https://security.paloaltonetworks.com/CVE-2020-2021. The vulnerability, which is listed as an issue affecting the way SAML (Security Assertion Markup Language) authentication happens, can be exploited by remote attackers to gain access to the device. Dissecting this vulnerability, Palo Alto states that

Three UK-based Private Equity firms lose 1.3 million dollars to cyber criminals

  The team at Check Point identified that cyber criminals - dubbed the Florentine Banker - targeted three Private Equity firms and stole over $1.3 million dollars, with only about half the money recovered. The cyber criminals launched an email spear-phishing campaign targeting executives, and other high-profile employees in an attempt to gain access to

Are you considering fleeing Zoom? Don’t be so quick to do so.

Zoom has been under the spotlight over the past few weeks due to privacy and security issues. They were served with a class-action lawsuit over its data sharing practices, and come under scrutiny from the New York Attorney General’s Office. Headlines like this may make you want to “Zoom” for the hills, but hit the

Is your investment adviser business ready to deal with coronavirus?

When you hear coronavirus, what emotions does it invoke? Does it invoke any emotions whatsoever? Or is it just another thought that you pushed to the back of your mind? As an investment manager you are probably concerned about how it affects your portfolio, but have you thought about how it can affect your people

2020-12-31T18:43:33-05:00February 28th, 2020|Cyber, Hackers, Hedge Fund, Investment Adviser, Private Equity|
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