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☆ Corporate Cybersecurity Teams Struggle to Fill Jobs
▼ + stars: | 2022-10-20 | by ( Catherine Stupp | ) www.wsj.com time to read: +5 min

Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. PREVIEWSeventy percent of around 11,000 cybersecurity practitioners and decision makers surveyed by (ISC)2 said their companies don’t have enough cybersecurity staff to be effective. Decathlon has become more flexible and creative in its search for cybersecurity staff and hired 26 employees last year and more than 30 so far in 2022, Mr. Illikoud said. Many corporate cybersecurity leaders hire staff from other internal teams and offer specific training if they need it. Around 43% of Principal’s cybersecurity team is now remote, up from roughly 20% before the pandemic, she said.

☆ Choppy markets likely to boost profit for U.S. exchange operators
▼ + stars: | 2022-10-18 | by ( Manya Saini | ) www.reuters.com time to read: +2 min

Oct 18 (Reuters) - Heightened market volatility could prove to be a boon for U.S. exchange operators as higher trading volumes during their third quarter help offset a hit from fewer stock listings so far this year. "Counter-cyclical nature of exchange business models reduces their downside risk during market turmoil relative to peer financial sector companies and the broader market," said Gautam Sawant, CFA, Credit Suisse. Register now for FREE unlimited access to Reuters.com Register"Exchanges remain well-positioned to grow earnings into 2023." Besides the mainstay trading business, exchange operators offer a suite of tools for investors. New York Stock Exchange-owner Intercontinental Exchange Inc (<ICE.N>) provides mortgage servicing through Ellie Mae, while rival Nasdaq Inc offers indexes and analytics.

Register now for FREE unlimited access to Reuters.com RegisterThe SEC has rejected over a dozen spot bitcoin ETF applications, and approved several bitcoin futures-based ETFs. The rejections have focused on applicants' lack of surveillance-sharing agreements with regulated markets relating to the spot funds' underlying assets. Grayscale argued in the court filing that the SEC had not applied its standards evenly to spot bitcoin ETFs and bitcoin futures-based ETFs, even though both types of funds are both fundamentally tied to the price of bitcoin. There is no spot bitcoin market that the SEC considers to be regulated, Grayscale said. Since the SEC deemed other agreements with CME sufficient to prevent fraud in bitcoin futures-based ETFs, the same should apply to bitcoin spot ETFs since both types of fund rely on the price of bitcoin, Grayscale said.

☆ Nasdaq divides business into three units to streamline operations
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +2 min

The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. It said Market Platforms, Capital Access Platforms and Anti-Financial Crime will be the new units that will focus on digital assets, carbon markets, providing investment intelligence apart from U.S. equities. Register now for FREE unlimited access to Reuters.com RegisterNasdaq's efforts to streamline its operations come after the sector, which largely catered to stocks and derivatives, underwent an upgrade as cryptocurrencies gained popularity. Last week, Nasdaq launched a digital assets business that places it in a direct competition with crypto exchanges Binance and Coinbase Inc (COIN.O). Register now for FREE unlimited access to Reuters.com RegisterReporting by Mehnaz Yasmin in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

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