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.

Business Email Compromise 65

Business Email Compromise Scams Email Compromise Phishing 65

PYMNTS

FEBRUARY 3, 2017

Although the details have yet to be released, it’s believed that an employee’s computer was exposed to the ransomware through a phishing scam or by accidentally downloading it. The servers have now been locked up, and the FBI and Bureau of Criminal Investigation have been notified. We’re dealing with a criminal element.

Government 40

Government Governance Law Enforcement Ransomware 40

PYMNTS

OCTOBER 25, 2017

BadRabbit is a ransomware attack that locks up computers and requires that a ransom is paid to restore the systems. victims to not pay the ransoms and to report the attack to the FBI via its Internet Crime Complaint Center , noted the report. The government advised U.S. The government advised U.S.

Ransomware 40

Ransomware FBI Cybersecurity Governance 40

PYMNTS

JANUARY 31, 2017

Through a ransomware attack, there was no guest electronic keycard that was safe — each one had been hijacked by a sneaky hacker. From the crime dramas of “Law & Order” and “The Good Wife,” to shows that specifically focus on hacking, like “Mr. What’s the cause for this increased influx of cyberattacks?

Ransomware 45

Ransomware FBI Bitcoin Compromise 45

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware.

Treasury 52

Treasury Wires Wire Credential 52

PYMNTS

DECEMBER 5, 2019

The malware was used to lift banking credentials, financial data and personal information from victims, and for deploying ransomware.

Treasury 52

Treasury Wires Wire Credential 52

PYMNTS

JUNE 20, 2016

and elsewhere, the FBI found, leading to requests for $3.1 The data led industry experts to warn companies that they should report cybercrime as soon as possible to law enforcement, though some officials agree that the mechanisms to report such crimes are far from straightforward and streamlined. billion from cyberattackers since Oct.

Email Compromise 41

Email Compromise Bitcoin APACS Wire Transfer 41

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

MARCH 17, 2017

It seems as though the trend of ransomware attacks isn’t disappearing any time soon. The latest research from the National Crime Agency and National Cyber Security Centre found that the risk to businesses is “significant and growing,” due to the increasing instances of ransomware attacks. Cyber Ransoms (Still) On The Rise.

Breach 40

Breach Ransomware Disaster Recovery Cybersecurity 40