PYMNTS

JULY 28, 2019

The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. As a result, Gov.

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Law Enforcement FBI Ransomware Laws 64

PYMNTS

AUGUST 19, 2016

19), cybercriminals have earned millions through ransomware schemes of encrypting computer systems and files, only to hold them hostage for ransom. Though ransomware isn’t a new threat, the availability of improved encryption software and the growing usage of bitcoin have contributed to a spike in the dangerous malware.

Ransomware 43

Ransomware Bitcoin FBI Encryption 43

PYMNTS

DECEMBER 13, 2019

One of the tweets informed the city’s residents that it was working with “ cybersecurity resources” from the National Guard, the Secret Service and the FBI. The previous attacks cobbled phones and encrypted data at the governor’s office, schools, the Medicare system and the Department of Motor Vehicles.

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Ransomware FBI Cybersecurity Encryption 52

PYMNTS

AUGUST 10, 2018

All files on each host in the network have been encrypted with a strong algorithm.” The message also included the typical warning not to attempt to break the encryption themselves or they would lose all of their data. According to Cryptovest , the message read, “Your network has been penetrated. However, not everyone agrees.

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Ransomware Law Enforcement Encryption FBI 40

PYMNTS

APRIL 18, 2016

The FBI put pressure on Apple to design custom software that would allow them to unlock an iPhone belonging to Syed Farook, one of the shooters. After a much-publicized standoff, the government dropped its case, claiming it had been approached by a third-party vendor offering a way into the phone.

Governance 40

Governance Government FBI Third Party Vendors 40

PYMNTS

MAY 20, 2016

The now-defunct ransomware Trojan was designed to find and encrypt video games on PCs. Last month, the FBI stated that the use of ransomware has reached an all-time high. The FBI noted that, during the last nine months of 2014, there were 1,838 reported incidents for losses of $23.8 All in, victims lost about $24.1

Ransomware 40

Ransomware FBI Shutdown Bitcoin 40

PYMNTS

JULY 12, 2017

“All kiosk fingerprint readers supplied by Avanti include end-to-end encryption on such biometric data, and as such this biometric data would not be subject to this incident as it is encrypted,” the company said Tuesday. The company is working with forensics investigators and the FBI.

Risk 42

Risk Encryption Credit Cards Breach 42

PYMNTS

MARCH 22, 2016

Alexander, at PYMNTS’ Innovation Project 2016 last week at Harvard, gave a sobering reality check about the cybersecurity threats that could become an even scarier reality in the click of a button. If nobody can pass the standard, we have to come up with a way to make cybersecurity more successful. Bush and Barack Obama.

Cybersecurity 41

Cybersecurity Authentication Security Innovation 41

The Fintech Times

DECEMBER 5, 2024

However, while the average age of someone arrested for a crime is 37, the Experian report reveals that according to the FBI, cyber hacking is now committed by those with an average age of 19. Typically, fraudsters are associated with middle-aged criminals.

Data Breach 59

Data Breach Breach Ransomware Deepfake 59

PYMNTS

DECEMBER 23, 2016

Amid the promises to spend on infrastructure, cut taxes, create jobs and … well, lots of other things, the incoming Trump administration also will have its hands full with cybersecurity issues. As for cybersecurity, what lies in the cards? More germane to data protection (and, by extension, payments) are issues surrounding encryption.

Cybersecurity 40

Cybersecurity FBI Push-to-Card Encryption 40