PYMNTS

JULY 19, 2020

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news site teiss. On July 4, hackers announced they’d used Nefilim Ransomware to access the Orange server, gaining data on the company’s Orange Business Solutions division.

Ransomware 60

Ransomware Phishing Encryption Data Breach 60

PYMNTS

JANUARY 23, 2020

Many of these data breaches are the result of phishing, which dupes victims into giving up login credentials or other sensitive information that is either used for account takeovers or sold on dark-web marketplaces. How DocuSign Ices Out Phishing Attacks. Deep Dive: Businesses Struggle With Employee Phishing. million per breach.

Phishing 64

Phishing Data Breach Breach Scams 64

PYMNTS

JUNE 1, 2020

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities resulting from the global pandemic. The warning coincided with separate reports related to Google and cybersecurity.

Phishing 59

Phishing Continuity Data Breach Cybersecurity 59

PYMNTS

DECEMBER 11, 2019

Cybersecurity company Kaspersky is reporting there has been an uptick in ransomware attacks this year, with many specifically targeting municipalities and their subset organizations. However, those numbers don’t show the accurate number of damage, and the longer-term consequences of the ransomware actions are more devastating. .

Ransomware 52

Ransomware Cybersecurity Phishing Audit 52

PYMNTS

OCTOBER 9, 2020

Leigh Reichel , new chief financial officer of cybersecurity firm INKY Technology Corp. We have seen phishing attacks surge since the pandemic started,” Reichel said. Phishing scams continue to proliferate in the number of attacks and dollar value of losses.”. Ransomware And Malware. Spear Phishing. Brand Forgery.

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B2B Phishing Scams Ransomware 116

PYMNTS

DECEMBER 22, 2016

Corporates large and small are “naïve” about their cybersecurity risks, according to a new report. That’s despite 80 percent of CEOs expressing confidence in existing cybersecurity strategies. companies’ cybersecurity measures.

Cybersecurity 68

Cybersecurity Research Phishing Breach 68

The Fintech Times

JUNE 20, 2024

No bank is immune to this threat, with ransomware attacks on financial services increasing from 55 per cent in 2022 to 64 per cent in 2023. Moreover, The Information Commissioner’s Office has sounded the alarm, urging organisations to bolster their cybersecurity defences. So what can firms do to better mitigate this risk?

Risk 59

Risk Cybersecurity Data Breach Ransomware 59

PYMNTS

DECEMBER 28, 2020

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity. .

Fincen 127

Fincen Suspicious Activity Report (SAR) Scams Federal Trade Commission 127

PYMNTS

JANUARY 20, 2017

In this week’s Hacker Tracker , Radware shares its global cybersecurity research on what’s really motivating cybercriminals, a Gmail phishing attack targets savvy users and the U.S.’s In many cases, experienced or tech savvy users can spot a phishing email scam from a mile away. Money On The (Cybercriminal) Brain.

Phishing 45

Phishing Ransomware EMV CHIPS 45

PYMNTS

AUGUST 21, 2018

organizations fall victim to ransomware attacks every minute — and more than $1 million is lost each minute due to cybercrime. “These attackers target brands and consumers on the open web with tactics like phishing, spinning up malicious mobile apps, hacking third-party suppliers and directly compromising websites.”

Ransomware 53

Ransomware Phishing Compromise Credit Cards 53

PYMNTS

APRIL 4, 2019

The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. As a result, 71 percent of ransomware attacks are now targeting small businesses, according to a report released by Beazley Breach Response (BBR).

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

MAY 1, 2018

Enterprise software suite Microsoft 365 Business is adding enhanced cybersecurity solutions for small business (SMB) users, Microsoft announced ON Monday (April 30). The company is introducing added features to protect SMBs against phishing and ransomware.

Ransomware 40

Ransomware Phishing Small Business Social Security 40

PYMNTS

APRIL 12, 2019

What’s clear is that GDPR intends to protect data, and researchers have already found a correlation between GDPR-compliant businesses and lower rates of data breaches – perhaps the result of organizations’ prioritizing and investing more in cybersecurity and data protection initiatives to become compliant.

Cybersecurity 77

Cybersecurity Data Breach Legal Framework Breach 77

PYMNTS

FEBRUARY 20, 2019

Cybersecurity experts are urging small business (SMB) owners to not ignore the risks they face from cyberattacks. The service includes educational materials as well, like training videos and guidance on internal cybersecurity policy development. In a press release on Tuesday (Feb. In a press release on Tuesday (Feb. Education Is Key.

Cybersecurity 56

Cybersecurity Visa Data Breach Small Business 56

PYMNTS

SEPTEMBER 30, 2019

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — told Karen Webster that cybersecurity threats to institutions and enterprises exist at several levels. Unseen and possibly unknown.

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Cybersecurity Credential Encryption Phishing 65

PYMNTS

APRIL 28, 2017

was the number one target for ransomware last year. To start, ransomware threats escalated globally through 2016 in size, number and kind. Likewise, they registered a 36 percent increase in ransomware attacks globally in the same period. It’s no surprise, then, that the written amount of ransomware has gone up and that the U.S.

Ransomware 62

Ransomware End User Crime Authentication 62

PYMNTS

APRIL 27, 2017

was the number one target for ransomware last year. To start, ransomware threats escalated globally through 2016 in size, number and kind. Likewise, they registered a 36 percent increase in ransomware attacks globally in the same period. It’s no surprise, then, that the written amount of ransomware has gone up and that the U.S.

Ransomware 49

Ransomware End User Crime Law Enforcement 49

PYMNTS

AUGUST 8, 2018

Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. Compare that to ransomware, which made up just 11 percent.

Ransomware 44

Ransomware Phishing Email Compromise Online and Mobile Banking 44

PYMNTS

OCTOBER 19, 2020

Disguising itself as a commonly used video conferencing tool, Vizom spreads through phishing campaigns. Treasury Office of Terrorism and Financial Intelligence issued an alert about the surge in ransomware attacks. Ransomware attacks jumped 37 percent last year, with losses up 46 percent, according to FBI statistics.

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Ransomware FBI Phishing Treasury 123

PYMNTS

OCTOBER 12, 2020

The target was systems linked to the dissemination of Trickbot, a botnet that has been used by some sophisticated players since late 2016 to deploy ransomware , especially in attacks on financial institutions (FIs). Microsoft Corp. is well-known for making products to defend computers that run its software from attacks, but on Monday (Oct.

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FS-ISAC Ransomware Phishing Legal 93

PYMNTS

MAY 17, 2017

If you’re one of the many, many companies recently targeted by WannaCry , you’ve just been handed a harsh reality check in the importance of enterprise cybersecurity. Maybe you had ignored previous warnings or felt cybersecurity technology was unnecessary. Or maybe you actually had cybersecurity measures in place that failed.

Cybersecurity 49

Cybersecurity AI Ransomware Phishing 49

EBizCharge

OCTOBER 25, 2023

Malware attacks, such as ransomware and viruses, infect systems through malicious software or email attachments. Phishing attacks trick individuals into disclosing their login credentials or other sensitive information through deceptive emails or websites. Thankfully, employee training and education can prevent most phishing attempts.

Best Practices 52

Best Practices Data Breach Breach Phishing 52

PYMNTS

JANUARY 14, 2019

Today’s coverage includes the latest move by Amazon to attract more consumers in India, and the latest on a global ransomware attack. in Ryuk Ransomware Attack. A team of cybersecurity firms has tracked the ransomware, which uses email phishing to inject a Trojan dubbed TrickBot into thousands of computers.

Ransomware 54

Ransomware Federal Reserve Cash Management Settlement 54

The Fintech Times

AUGUST 14, 2024

Meanwhile, ransomware (63 per cent) and phishing/social engineering attacks (61 per cent) also continue to be methods used by criminals. Interestingly, deepfakes were not the most prevalent concern but tied for third place with phishing, with 61 per cent.

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Deepfake AI Phishing Ransomware 75

PYMNTS

AUGUST 13, 2019

Amid the growing list of cybersecurity concerns businesses must keep on top of, payroll is a growing target for attackers both inside and outside the enterprise. The latest cases of payroll-related cyber incidents reveal the vulnerabilities of the financial process of compensating employees.

Payroll 60

Payroll Direct Deposit Phishing Cybersecurity 60

PYMNTS

SEPTEMBER 9, 2020

Bitdefender also said worldwide ransomware reports have surged by 715.08 The cybersecurity firm said a rise in malware, phishing and scams throughout every platform and attack vector appears to have been directly brought about by online criminals harnessing pandemic-related issues to take advantage of misinformation and worry.

Ransomware 52

Ransomware Phishing Cybersecurity Scams 52

PYMNTS

FEBRUARY 24, 2020

In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). Tax season is upon U.S. small businesses, and fraudsters are taking advantage.

Business Email Compromise 65

Business Email Compromise Scams Email Compromise Phishing 65

PYMNTS

MAY 19, 2017

Last weekend, a major ransomware attack affected more than 200,000 computers in 150 countries across the globe. It is unusual for ransomware to have network worm capabilities,” Douthwaite said. In a nutshell, said VirtualArmor’s Douthwaite, it’s as simple as a lack of people using best cybersecurity practices.

Ransomware 46

Ransomware Cybersecurity Bitcoin On-Demand 46

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. Awareness Training for Employees Cybersecurity threats change constantly, and so should your employees’ awareness. Target’s 2017 multistate settlement of $18.5

Best Practices 40

Best Practices Processors Transactions Security 40

PYMNTS

FEBRUARY 12, 2020

Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. By comparison, phishing scams usually bring in between $300 – $500, while ransomware attacks cost around $4,400.

Business Email Compromise 101

Business Email Compromise FBI Email Compromise Scams 101

PYMNTS

OCTOBER 15, 2018

AG Frosh’s warning pertained to a specific small-business cybersecurity threat. 133,000: the average cost of a ransomware attack on a small business. Cyberattackers may send ransomware via email with links that will lock out a device owner’s access to files when that link is clicked.

Ransomware 77

Ransomware Online and Mobile Banking Scams Small Business 77

PYMNTS

AUGUST 29, 2018

.” Last May, Microsoft announced its Microsoft 365 Business platform would have enhanced cybersecurity capabilities for small business users, adding features targeting phishing and ransomware threats.

Payroll 40

Payroll AI Ransomware Cybersecurity 40

PYMNTS

MAY 12, 2016

It looks as though even the House of Representatives isn’t safe from the threat of ransomware attacks. It’s unknown how many of the phishing attacks were actually successful, what type of data was compromised or even if a ransom was actually paid.

Ransomware 41

Ransomware Encryption Phishing Cybersecurity 41

FICO

MAY 19, 2016

We recently announced a new domain that will benefit from our scoring expertise: cybersecurity, teaming with iboss Cybersecurity. Quickly detecting malware and ransomware. This includes attacks that mask communication using TOR software, such as the Zeus64 malware trojan and Locky ransomware. How scoring works.

Data Breach 40

Data Breach Ransomware Cybersecurity Breach 40

PYMNTS

APRIL 21, 2020

Business email compromise (BEC), B2B phishing scams, synthetic identities, fake accounts and trillions of aid dollars flooding out at a time of maximum uncertainty make this a fraudster’s paradise.

Scams 63

Scams Automation Phishing Email Compromise 63

PYMNTS

APRIL 29, 2016

The annual study found that hackers are continuing to rely on attack methods such as phishing and ransomware , both of which enable them to capitalize on the element of human error. Roughly 30 percent of phishing messages were opened, which Verizon noted as an “alarming” number, marking a 23 percent increase compared to 2015.

Phishing 44

Phishing Data Breach Law Enforcement Ransomware 44

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.

Governance 40

Governance Government Law Enforcement Ransomware 40