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Day: June 6, 2023

Verizon 2023 Data Breach Investigations Report: frequency and cost of social engineering attacks skyrocket

Human error continues to play a significant role in breaches across all industries What you need to know:Cost per ransomware incident doubled over the past two years, with ransomware accounting for one out of every four breaches. Pretexting (Business Email Compromise) has more than doubled since the previous year. The human element is involved in 3 out of 4 breaches. Analysis of the Log4j incident illustrates the scale of the incident and the effectiveness of the coordinated response.BASKING RIDGE, N.J., June 06, 2023 (GLOBE NEWSWIRE) — Verizon Business today released the results of its 16th annual Data Breach Investigations Report (2023 DBIR), which analyzed 16,312 security incidents and 5,199 breaches. Chief among its findings is the soaring cost of ransomware – malicious software (malware) that encrypts an organization’s...

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SpotLite360 IOT Solutions, Inc. Provides Corporate Update

DENVER and VANCOUVER, June 05, 2023 (GLOBE NEWSWIRE) — SPOTLITE360 IOT SOLUTIONS, INC, (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt:87A) an emerging supply chain technology solutions company, advises that further to the termination of the agreement and relationship with E3 Service Group, LLC (“E3”) announced on February 22, 2023, the Company has now returned all 20 million common shares previously issued to the shareholders of E3 for cancellation in exchange for the return of its 51% equity interest in E3. The Company has no remaining equity interest in E3. SpotLite360 IOT Solutions, Inc, is a publicly traded company on the CSE, OTC and Frankfurt exchanges. The Company was first listed in June 2021 with its core focus to deliver SaaS-based supply chain tracing, tracking, sustainability, and proof of ESG...

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Celestica Announces Pricing of Secondary Offering of Subordinate Voting Shares by Onex Corporation

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) — Celestica Inc. (“Celestica”) (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, announced the pricing of the previously announced offering by Onex Corporation (“Onex”), its controlling shareholder, of 12,000,000 of Celestica’s subordinate voting shares (“SVS”) at a price to the public of US$12.40 per SVS. Celestica is not selling any shares and will not receive any proceeds from the offering. RBC Capital Markets is acting as the underwriter for the offering. The offering is expected to close on June 8, 2023, subject to the satisfaction of customary closing conditions. The offering is being made in the United States only by means of a prospectus supplement to a base prospectus forming a part of...

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Marathon Digital Holdings Announces $14.25 Million Private Placement

FORT LAUDERDALE, Fla., June 05, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced that it has entered into a securities purchase agreement for the purchase of 15,000 shares of Series A redeemable convertible preferred stock in a private placement. Each share of Series A preferred stock has a purchase price of $952.38, representing an original issue discount of approximately 5% of the $1,000 stated value of each share. Each share of Series A preferred stock is convertible into shares of the Company’s common stock at an initial conversion price of $14.52 per share, at the option of the holder, at any time following the Company’s receipt of stockholder approval for an increase in its authorized shares of common stock. The Company will be permitted to compel conversion...

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CORRECTION — Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1217 Per Share

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) — In the news release “Sprott Focus Trust (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1217 Per Share” issued on June 2, 2023, the ex-dividend date was erroneously stated as June 8, 2023; the correct ex-dividend date is June 9, 2023. Complete corrected text follows. Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1217 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on June 27, 2023 to stockholders of record at the close of business on June 12, 2023 (ex-dividend on June 9, 2023). The price of shares issued for reinvestment will be determined on June 20, 2023. The Fund currently has adopted a Distribution...

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