PYMNTS

JUNE 27, 2017

Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. Total worldwide mobile ransomware encounters increased by 11.4

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Ransomware Data Encryption Best Practices Cybersecurity 72

Segpay

JUNE 13, 2024

This underscores why businesses must implement robust cybersecurity measures to guarantee secured transactions in this digital landscape. The Travelex ransomware attack. 340,000 people lost personal and financial data. These guidelines significantly reduce the risk of your business’s vulnerability to data breaches.

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Best Practices Processors Transactions Security 40

EBizCharge

OCTOBER 25, 2023

Sensitive or confidential data can include customer data records, bank account numbers, Social Security numbers, healthcare information, intellectual property, etc. Threat actors employ various methods and techniques to execute data breaches.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

PYMNTS

NOVEMBER 30, 2016

San Francisco’s Muni public transit system was reportedly hit by a ransomware attack over the weekend that took the light rail transit offline on Saturday (Nov. According to the San Francisco Examiner , the computer screens of Muni agents displayed the message, “You Hacked, ALL Data Encrypted” beginning Friday night.

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Ransomware Data Encryption Bitcoin Encryption 44

VISTA InfoSec

JUNE 18, 2024

These experts are more experienced when it comes to cybersecurity. Staying current across your digital environment is essential for cybersecurity hygiene. Backup Your Data Regularly Safeguarding your vital data is non-negotiable. Implement Strong Access Controls Keeping prying eyes away from sensitive data is crucial.

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Data Security Security Encryption Cybersecurity 208

The Finance Weekly

DECEMBER 30, 2021

Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist? Heightened Data Security A data security breach is one of the CFO’s biggest nightmares. Malware attacks, especially ransomware attacks, are on the rise.

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Technology MSPS Small Business Data Security 52

FICO

MARCH 8, 2017

Whether stealing data or demanding payment for ransomware, “bloodsucking” is one of the kinder adjectives used to describe cyber criminals. Encryption can be effective …. … but it’s not a stake through the heart of hacking. First, they’re afraid of the light. What hacker wants his true identity to be revealed?

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Encryption EMV Authentication Crime 40