PYMNTS

SEPTEMBER 17, 2018

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. Chosun funneled money and manpower to the North Korean hacking organizations by doing legitimate tech-focused work from China.

SWIFT 75

SWIFT Phishing Ransomware Central Bank 75

PYMNTS

DECEMBER 9, 2016

taxpayers who engaged in virtual currency transactions using the Coinbase platform from 2013 to 2015. Department of Justice, the Northern District of California court is allowing the IRS to serve a summons to Coinbase for U.S. Last month, news broke that the IRS is actively looking for bitcoin-based tax evasion.

Bitcoin 80

Bitcoin IRS Audit Rules 80

PYMNTS

JULY 28, 2017

North Korean cyberattackers are also thought to be behind this year’s WannaCry global ransomware attack. The Korea Financial Security Institute is now reporting a second group using Lazarus that has been attacking South Korea since 2013.

Law Enforcement 46

Law Enforcement Accounts Ransomware Laws 46

PYMNTS

SEPTEMBER 14, 2017

billion in total losses since 2013. Trend Micro pointed to the WannaCry and Petya ransomware cyberattacks this year, for example, that led to total losses of up to $4 billion at companies across the world. The company said it detected more than 82 million ransomware attacks in the first half of 2017 alone.

Scams 41

Scams Email Compromise Business Email Compromise Compromise 41

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 20, 2016

Instead, they view the currency as a quick way to retain control of their systems should they be hit by a ransomware attack, in which cybercriminals hold a corporate’s systems hostage until a ransom is paid. The business email compromise has created more than 22,000 cases in the U.S. billion from cyberattackers since Oct.

Email Compromise 41

Email Compromise Bitcoin APACS Wire Transfer 41

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

MAY 15, 2017

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

Bitcoin Ransomware Multi-Currency Regulations 62

PYMNTS

APRIL 11, 2019

Qaiser’s ransomware then would display a message designed to mimic the look and feel of a communication from law enforcement, a message that said the person on the other end had broken the law by accessing online pornography. Ransomware Trends. It was almost impossible to defend against. Porn Appeal.

Ransomware 51

Ransomware Law Enforcement Scams Laws 51

Finovate

JANUARY 17, 2024

After asserting that “we’re merit neutral,” Gensler observes dryly: “Bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing.” stablecoin USDC.

Bitcoin 59

Bitcoin Stablecoins Cryptocurrency Issuers 59