PYMNTS

DECEMBER 9, 2016

At a time when the IRS is trying to find out the identities behind bitcoin users, the Pennsylvania Allegheny County District Attorney’s office revealed it had to use bitcoin to pay a ransom to get its data back. taxpayers who engaged in virtual currency transactions using the Coinbase platform from 2013 to 2015.

Bitcoin 80

Bitcoin IRS Audit Rules 80

PYMNTS

JULY 22, 2019

Last month, the city of Riviera Beach, Florida, was crippled by a ransomware attack that led to it paying a hefty sum to recover government systems. Ransomware attacks are on the rise within local and state governments, he added, leading to revived debate about how to handle such a scenario. . What’s the alternative?” .

Governance 58

Governance Government Ransomware Compromise 58

PYMNTS

JUNE 4, 2018

Furthermore, AIG found that more than a quarter – 26 percent – of cyber claims in 2017 cited ransomware as the primary cause of loss, compared to only 16 percent between 2013 and 2016. The news comes about a year after a major ransomware attack affected more than 200,000 computers in 150 countries across the globe.

Data Breach 43

Data Breach Ransomware Breach Cybersecurity 43

PYMNTS

FEBRUARY 27, 2020

The judge disagreed with the complaint by Ripple that the lawsuit wasn’t timely because it was filed five years after XRP was offered in 2013. Bitcoin has been friendly to crime in the past, becoming popular for perpetrators of ransomware and fraud. XRP fell 8.2

Ransomware 60

Ransomware Crime Cryptocurrency Bitcoin 60

PYMNTS

FEBRUARY 22, 2019

As phishing and ransomware become known commodities in the world of digital security, the hackers and crackers just change up their methods. The rise of formjacking accompanies the decline of ransomware attacks, which according to the report are down 20 percent year-on-year — the first decline since they began emerging on the scene in 2013.

Ransomware 46

Ransomware Credit Cards Identity Theft Privacy 46

PYMNTS

JUNE 17, 2016

According to The Wall Street Journal last October, “thanks in large part to online lenders, the average monthly volume of personal-loan offers sent through the mail has more than doubled in two years to 156 million in the year through July from 73 million in the same period in 2013.” Lending Club alone sent an astounding 33.9

Bitcoin 45

Bitcoin Blockchain Online and Mobile Banking Caps 45

PYMNTS

JUNE 20, 2016

firms think bitcoin is a flop , found Smith & William’s Enterprise Index survey. businesses said they’re stockpiling bitcoin in case of a cyberattack , reported Citrix. Often, these ransoms must be paid out in bitcoin. The business email compromise has created more than 22,000 cases in the U.S. 60% of U.K.

Email Compromise 41

Email Compromise Bitcoin APACS Wire Transfer 41