PYMNTS

JANUARY 23, 2020

billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. More than 90 percent of Americans have fallen victim to online scams, data breaches, identity theft or other forms of fraud, though certain varieties are more common than others.

Phishing 64

Phishing Data Breach Breach Scams 64

PYMNTS

MARCH 24, 2017

Earlier this week, news outlets reported that a group of hackers, also known as the Turkish Crime Family, claimed to be in possession of more than 627 million icloud.com, me.com and mac.com login credentials. Justice Department for allegedly taking part in the massive data breach that rocked Yahoo.

Credential 45

Credential Crime Ransomware Data Breach 45

PYMNTS

MAY 2, 2019

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. But all the money in the world to secure an organization’s back office won’t necessarily help safeguard all company data. million business email compromise scam.

Data Breach 55

Data Breach Third Party Vendors Breach Cybersecurity 55

PYMNTS

MAY 29, 2019

billion in damages in its first week; MyDoom, which was reportedly commissioned in Russia; SoBig, which has infected PCs in the hundreds of thousands; WannaCry, a ransomware; Dark Tequila, which stole bank credentials when users were offline; and Black Energy, which was responsible for the major blackout in the Ukraine in 2015.

Data Breach 51

Data Breach Cybersecurity Breach Ransomware 51

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

DECEMBER 22, 2016

But there are other areas breaches can occur: IT security firm Gemalto found that 68 percent of IT professionals said they would be OK with having employees use their own social media credentials to access company systems. Meanwhile, 20 percent cited a lost device for the cause of a breach.

Cybersecurity 68

Cybersecurity Research Phishing Breach 68

PYMNTS

OCTOBER 18, 2017

Research from The Forrester Wave found that 80 percent of data breaches at SMBs are the result of abuse or misuse of privileged credentials. That is, enterprises without a PAM solution are seeing their own workers gain use of credentials that incorrectly give them access to privileged systems and company information.

Cybersecurity 40

Cybersecurity Credential Ransomware Best Practices 40

CB Insights

MARCH 27, 2019

Already this year, at least 30 organizations — including coffee chain Dunkin’ and cloud provider Rubrik — experienced major data breaches. Read our future of data security report for more on this topic. ). Cybersecurity is a hot topic today. Most recently, Dow Jones saw over 2.4M

Cybersecurity 76

Cybersecurity Encryption Data Breach Breach 76

PYMNTS

AUGUST 15, 2017

-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015. The Kronos malware was distributed as an email attachment. On Monday (Aug. 14), the U.K. Hutchins, then just an anonymous U.K.

Law Enforcement 44

Law Enforcement Cybersecurity FBI Ransomware 44

VISTA InfoSec

JUNE 18, 2024

As cyber threats evolve, safeguarding your organization’s data has become an utmost priority. Whether you’re a small business owner, a corporate leader, or an Information and Communication Technology (ICT) specialist, the consequences of a data breach are severe and far-reaching.

Data Security 208

Data Security Security Encryption Cybersecurity 208

PYMNTS

MAY 5, 2017

It’s been a big week in the broader cybersecurity realm, starting with a data breach of Sabre Corporation’s hospitality unit. Ransomware, Cyberespionage On The Rise. Regular risk and compliance assessments are not enough for today’s clever fraudsters,” Graff said.

Breach 45

Breach Business Email Compromise Data Breach Cybersecurity 45