Fintech News

JUNE 3, 2024

Cyber insurance, also called cyber liability insurance or cybersecurity insurance, covers financial losses that companies have as a result of ransomware attacks, data breaches and other cyber incidents. In 2022, malware incidents rose for the first time since 2018, reaching 5.5

Ransomware 107

Ransomware APACS Cybersecurity AI 107

PYMNTS

APRIL 18, 2019

For many, however, the technology still conjures up images of cybercrime and illicit activity, and new data revealing the rising threat of ransomware is likely to fuel that negative reputation. Between 2018’s fourth quarter and 2019’s first, the average cost of a ransomware attack spiked by a whopping 89 percent to $12,762.

Ransomware 57

Ransomware Bitcoin SDN Cryptocurrency 57

PYMNTS

MARCH 5, 2019

million in 2018, according to a press release from the company. In 2018, the number of mobile users who interacted with malware went up 774,000, reaching 9,895,774. The most common attack comes from Trojan-Droppers, which are designed to get past security and then implement malicious files like ransomware or banking trojans.

Ransomware 55

Ransomware Cybersecurity Blocks Security 55

PYMNTS

FEBRUARY 20, 2019

With cybercriminals not making as much from ransomware and cryptojacking, they have been focusing more on a strategy called “formjacking” to raise cash. Symantec said it blocked more than 3.7 That’s according to Symantec’s Internet Security Threat Report , which it issued on Wednesday (Feb. million each month.

Scams 69

Scams Identity Theft Compromise Ransomware 69

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. Symantec reports that in the last year or so it has blocked over 3.7 Symantec said it blocked four times as many cryptojacking attacks in 2018 compared to the previous year.

Ransomware 46

Ransomware Credit Cards Identity Theft Privacy 46

CoinRemitter

MAY 20, 2024

In an article published on the Block, scams pretending to be crypto-related activities stole almost $300 million in 2023. In 2023, cybercriminals using ransomware attacks extracted over $1.1 Attackers use this info to cause problems, like blocking real payments or scamming the owner.

Scams 40

Scams Cryptocurrency Security Phishing 40

CB Insights

APRIL 7, 2018

In 2018, assembly lines are so lean they’re integrating a nearly real-time inflow of parts and assembling them as fast as they arrive. Companies like Xometry and Maketime offer on-demand additive manufacturing and CNC-milling (a subtractive method that carves an object out of a block), fulfilling parts orders across its networks of workshops.

Technology 78

Technology Blockchain On-Demand Automation 78