PYMNTS

NOVEMBER 2, 2020

The SEC has issued warnings in the past few months on ransomware, which involves attacks on broker dealers, investment advisors and investment companies, along with attacks on service providers that affect companies under the purview of the SEC.

Cybersecurity 84

Cybersecurity Credential Compromise Ransomware 84

VISTA InfoSec

NOVEMBER 7, 2023

Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials. Brute force attacks : Cyber attackers use trial-and-error methods to guess login credentials, exploiting weak passwords. System verification : The system checks the entered credentials.

Authentication 130

Authentication MFA Cybersecurity Credential 130

PYMNTS

APRIL 4, 2019

The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. As a result, 71 percent of ransomware attacks are now targeting small businesses, according to a report released by Beazley Breach Response (BBR).

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

OCTOBER 15, 2018

It’s a twist on the business email compromise (BEC) scam that typically involves scammers emailing business owners and seeking payment via wire transfer, ACH or paper check. 133,000: the average cost of a ransomware attack on a small business. “This is a scam, pure and simple.

Ransomware 77

Ransomware Online and Mobile Banking Small Business Scams 77

PYMNTS

JANUARY 20, 2017

Last year saw a significant surge in the number of extortion threats, with the majority (56 percent) of the 600 organizations surveyed by Radware admitting that they have fallen victim to a cyber ransom attack and 41 percent identifying ransomware as the biggest cyber threat. Gmail Users Get Fooled.

Phishing 45

Phishing Ransomware EMV CHIPS 45

PYMNTS

NOVEMBER 25, 2016

To combat this, hackers are looking to gain access to sensitive information by taking a much easier route: using legitimate credentials to go right inside. The bad guys realize that we’re getting better at locking the doors, so they have to go after the keys, and really, that’s what those user credentials are.”.

Cybersecurity 76

Cybersecurity Credential Security Ransomware 76

PYMNTS

MARCH 24, 2017

Whether a mysterious “crime family” is really out to compromise iCloud and.mac accounts is yet to be seen, but either way the possible extortion of a tech giant is worrisome. The hacker group also claimed that 220 million of these credentials are verified and allow access to iCloud accounts without two-factor authentication measures in place.

Credential 45

Credential Ransomware Crime Data Breach 45

PYMNTS

AUGUST 8, 2018

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.

Ransomware 44

Ransomware Phishing Email Compromise Online and Mobile Banking 44

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise. COVID-19 has afforded internet villains what will certainly go down as the greatest cybertheft opportunity of their shadowy lifetimes.

Automation 63

Automation Scams Phishing Email Compromise 63

PYMNTS

SEPTEMBER 30, 2019

There are, of course, individuals who want to steal money, find financial information and steal credentials, he said. As he noted, North Korea, acting as a singular cyberthreat, will do what it can to gain access to and compromise the credentials of foreign organizations with money ­— and, in turn, gain access to that money, of course.

Cybersecurity 65

Cybersecurity Credential Encryption Phishing 65

PYMNTS

MAY 23, 2017

Earlier this month, corporations and organizations from hospitals to railroads in six continents were stopped in their tracks as the result of a ransomware attack, and the news was filled last year with reports of breaches impacting everyone from Target to Hillary Clinton. Taking Human Error Out of the Authentication Equation.

Authentication 44

Authentication Ransomware Credential Law Enforcement 44

PYMNTS

MAY 2, 2019

Twenty-nine percent said payment data was compromised, while nearly one-quarter said proprietary company data was exposed. Researchers pointed to three recent cyber events that made headlines, including Not Petya ransomware that used accounting software company MeDoc to spread its attack. million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

PYMNTS

APRIL 14, 2016

While five years ago the only way to make money off of illicit access to data was by funneling personalized health information or credit card numbers through back-channel and black market deals, the rise of ransomware provides a self-sufficient cottage industry for the entrepreneurial data thief.

Security 40

Security Ransomware Credential Encryption 40

The Fintech Times

JULY 30, 2024

Other key findings in the 2024 Cost of a Data Breach Report At 16 per cent, stolen/compromised credentials was the most common initial attack vector. Most ransomware victims (63 per cent) who involved law enforcement were also able to avoid paying a ransom.

Data Breach 59

Data Breach Breach AI Law Enforcement 59

PYMNTS

MAY 24, 2017

A ransomware attack, committed on a piece of malware called WannaCry or Wanna Decryptor, infected computers in more than 100 countries, all told. When they investigate this latest ransomware attack and how it got started, ultimately it’s malware that somehow got on the device,” he said. No Password, No Cry? . McDowell explained.

Authentication 40

Authentication Credential Ransomware Phishing 40

PYMNTS

JUNE 1, 2017

While the WannaCry ransomware attack, which hit hundreds of thousands of computers across 150 countries, was a wake-up call for companies everywhere without adequate cybersecurity measures, these incidents are becoming less of a surprise – less a shock, and more of a reminder that companies need to double-down on their security efforts.

Cybersecurity 55

Cybersecurity Breach Email Compromise Compromise 55

PYMNTS

MAY 5, 2017

The compromised Sabre system reports offering seamless connectivity to over 120 property management, 7 revenue management, 7 CRM and 18 content management solutions according to the company’s website. Ransomware, Cyberespionage On The Rise. Ransomware, Cyberespionage On The Rise. But that’s not all.

Breach 45

Breach Business Email Compromise Data Breach Cybersecurity 45

PYMNTS

MAY 17, 2017

Just days before the ransomware attack launched, Versive , a data science and analytics firm formerly known as Context Relevant, released a new product, Versive Security Engine (good timing for businesses able to deploy it before WannaCry). These things actually play out over a period of months or years,” Polverari said.

Cybersecurity 49

Cybersecurity AI Ransomware Phishing 49

EBizCharge

OCTOBER 25, 2023

An incident is only considered a data breach if the confidentiality of data is compromised. Malware attacks, such as ransomware and viruses, infect systems through malicious software or email attachments. Malware attacks, such as ransomware and viruses, infect systems through malicious software or email attachments.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

CB Insights

MARCH 27, 2019

Facebook, for example, disclosed that an unprecedented data breach in September 2018 exposed the social media accounts of up to 90M users — including login credentials — effectively compromising access to any site that lets users log in with their Facebook account. But the company is not alone.

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

APRIL 22, 2016

The latest indictment revealed that Anthony is accused of exchanging bitcoin connected to ransomware attacks. They then reportedly used a bitcoin exchange to cover up the violations that the compromised credit union was flying under the radar of from regulators. He was expected to appear before a federal judge that day.

Bitcoin 42

Bitcoin Credit Union Money Laundering Identity Theft 42

Fintech News

APRIL 7, 2025

A ransomware attack on printing vendor Toppan Next Tech (TNT) has led to the potential exposure of customer data from DBS Bank and Bank of Chinas Singapore branch. The agencies noted the growing frequency of ransomware threats and urged organisations to refer to CSAs advisory on preventive measures. We are sorry for the anxiety caused.

Ransomware 87

Ransomware Compromise Credential Risk Mitigation 87