PYMNTS

MARCH 22, 2016

When it comes to bitcoin, the stories about ransomware seem to be nothing out of the ordinary for the mainstream news cycle. But this time, the case is a bit more serious as it has to do with hackers using bitcoin ransomware to lock out local government employees from their own computers. The result? million in losses for victims.

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PYMNTS

JANUARY 13, 2020

The ransomware gang Sodinokibi was blamed for demanding $6m (£4.6m) in exchange for customer data. Travelex said the malware was kept in check and customer data was not compromised. . The incident is being investigated by the FBI and the New York State Cyber Command. .

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PYMNTS

OCTOBER 9, 2020

told PYMNTS that the FBI has found email fraud already costs businesses and individuals $3.5 Ransomware And Malware. Department of the Treasury’s Office of Terrorism and Financial Intelligence last week issued a pair of ransomware alerts. Business Email Compromise. billion a year — and that seems to be growing. “We

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PYMNTS

JUNE 27, 2019

One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. Lake City, a community of about 12,000 people west of Jacksonville, forked over hundreds of thousands of dollars after a ransomware attack crippled its systems. million rainy-day fund after a cyberattack had compromised its backups. “I

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PYMNTS

JANUARY 13, 2020

The currency exchange company continues in the grips of a ransomware attack that has crippled its operations, as well as the foreign currency operations of its corporate clients, including HSBC and Barclays. About $1 million was swindled from the Colorado town of Eerie , with the FBI now investigating the matter.

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PYMNTS

FEBRUARY 24, 2020

41 percent more ransomware attacks were initiated last year , the New York Times reported, citing data from Emsisoft, with 205,280 businesses losing access to their data as a result. 75,000 is the average loss of a BEC scam , new data from the FBI has revealed. billion in total cybercrime-related losses for the year.

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PYMNTS

APRIL 13, 2016

“The number of reported identities exposed in data breaches are just the tip of the iceberg,” an infographic highlighting the report data noted, adding a question about what really remains hidden when it comes to compromised identities. According to forthcoming data from the FBI, 2015 saw 2,453 reported ransomware incidents.

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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.

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PYMNTS

JANUARY 12, 2017

While ransomware continues to be a go-to tactic for hackers for extorting and manipulating victims out of money, not everyone impacted is willing to just pay up. E-Sports Entertainment Association, which hosts competitive video game tournaments, was recently hit by a ransomware attack but refused to pay the $100,000 demanded of it.

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PYMNTS

DECEMBER 6, 2016

KnowBe4 , a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. Those replies are then recorded and made available for IT managers to download and review if needed.

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PYMNTS

JANUARY 31, 2017

From baby monitors to smartphones and beyond, there’s virtually nothing that can’t be breached and/or compromised. Through a ransomware attack, there was no guest electronic keycard that was safe — each one had been hijacked by a sneaky hacker.

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PYMNTS

SEPTEMBER 17, 2018

global ransomware attack and the 2014 attack on Sony Pictures Entertainment. Technical similarities” also connect the malware used in attacks against SPE, Bangladesh Bank, other FIs, defense contractors (among other actual and intended victims) and the WannaCry ransomware.

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PYMNTS

JUNE 20, 2016

The business email compromise has created more than 22,000 cases in the U.S. and elsewhere, the FBI found, leading to requests for $3.1 Business email compromises are also on the rise in the U.K., 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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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.

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PYMNTS

OCTOBER 21, 2016

According to researcher and developer Willem de Groot, the online storefront for the National Republican Senatorial Committee (NRSC) was one of nearly 5,900 eCommerce sites compromised by malicious skimming software. 4 post revealing the NRSC compromise. Governments Say ‘No More’ To Ransomware.

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