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Thieves Targeting Medical Device Data

PYMNTS

According to KPMG, over the past two years, 81 percent of health care organizations were the victims of cyberthreats or even had data compromised. The number of instances is rapidly increasing. The reason this is happening?

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Small Town Government, Big Time Cybercrime

PYMNTS

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. Just days later, it happened again: another Florida city, Lake City, confirmed to reporters that it had been compromised by a ransomware attack and agreed to pay the ransom to regain control. .

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ProofPoint Warns Of Bank Trojans: A Massive Threat Executives May Overlook

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Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Business Email Compromise scams continue to grow and steal more corporate money than ever before. Compare that to ransomware, which made up just 11 percent.

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Surprise: The C-Suite Falls For Invoice Scams The Most

PYMNTS

Employees certainly need more training to be able to detect a business email compromise (BEC) when they see one. Here’s the problem: The professional who falls victim to eInvoice scams like the business email compromise is, more often than not, a C-Suite executive. billion in total losses since 2013.

Scams 41
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Anatomy Of A Bank Heist, SWIFT-ly Done By Phishers

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global ransomware attack and the 2014 attack on Sony Pictures Entertainment. Chosun also plied its trade from locations in China (where Park was based from 2011 to 2013), according to the complaint. There were also 85 formal requests for evidence sent to foreign countries, Shields testified in the complaint.

SWIFT 75
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Corporate Money Managers Lose Their Grip

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The business email compromise has created more than 22,000 cases in the U.S. Business email compromises are also on the rise in the U.K., and elsewhere, the FBI found, leading to requests for $3.1 billion from cyberattackers since Oct. billion in losses hit U.K. Like in the U.S., fraudsters are targeting U.K.

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Why It’s Time To Come Down On Bitcoin

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The massive wave of crypto-ransomware cyberattacks now reported to have hit more than 200,000 computers in 150 countries shouldn’t be just another “look at how smart and cunning and horrible those cybercriminals are” headline. That was also about the same time that we began to see the spike in cyberattacks linked to ransomware.

Bitcoin 62