PYMNTS

JANUARY 13, 2017

A new ransomware variant dubbed Spora was recently spotted and, because of its advanced features, can cause problems for the solutions that are designed to protect against the ransomware. I expect other ransomware suites to follow suit, as this is a big step forward for the attackers,” said Intel. Governments are also victims.

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Ransomware Encryption Scams Research 41

PYMNTS

AUGUST 4, 2016

When it comes to ransomware, the bad guys don’t discriminate, which means companies of all shapes and sizes could fall victim to the scam that holds their data hostage. Aiming to help companies in their fight against ransomware attacks, WatchPoint , a provider of advanced cybersecurity products, announced the launch of CryptoStopper.io.

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Ransomware Encryption Scams Cybersecurity 40

PYMNTS

MARCH 29, 2016

As the FBI works to combat a specific type of ransomware virus, it is calling on businesses and software security experts for emergency assistance in its investigation. ” The particular strain of ransomware the FBI is fighting is known as MSIL/Samas.A and is being used by hackers for extortion.

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FBI Ransomware Cybersecurity Encryption 45

PYMNTS

OCTOBER 14, 2019

TechCrunch reported that the company was hit with a ransomware attack. Pitney Bowes was affected by a malware attack that encrypted information on some systems and disrupted customer access to our services,” the company said on Monday (Oct. The FBI recently warned that “high impact” attacks would be hitting large companies.

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PYMNTS

MARCH 23, 2016

Another case of bitcoin ransomware has left one Kentucky hospital in an “internal state of emergency,” according to a report from Krebs On Security. Just yesterday (March 21) PYMNTS reported about a town that was being held hostage via a bitcoin ransomware attack. And last month?

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Ransomware Bitcoin Encryption Law Enforcement 42

PYMNTS

AUGUST 19, 2016

As the instances and threat of ransomware continues to wreak havoc on both businesses, governments and individuals around the world, it seems as though bitcoin has found itself closely intertwined with the malicious software. Cybersecurity experts say data backups can be an effective deterrent against ransomware attacks.

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Ransomware Bitcoin FBI Encryption 43

PYMNTS

JUNE 21, 2017

A South Korea-based web hosting firm has fallen victim to ransomware. Reports Tuesday (June 20) said Nayana was hit by a ransomware attack on June 10. The attack held 153 of the company’s servers under control, with the ransomware encrypting the servers and attackers refusing to release them unless the ransom was paid.

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Ransomware Encryption Cybersecurity Bitcoin 40

PYMNTS

MAY 20, 2016

Not only are ransomware creators TeslaCrypt closing up shop, the group is also reportedly sorry for all the damage they inflicted during their run. 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.

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Ransomware FBI Shutdown Bitcoin 40

PYMNTS

AUGUST 10, 2018

The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. All files on each host in the network have been encrypted with a strong algorithm.” According to Cryptovest , the message read, “Your network has been penetrated.

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Ransomware Law Enforcement Encryption FBI 40

PYMNTS

JUNE 26, 2017

SamSam ransomware attacks are up — and the attackers are getting more demanding. The actors then use PsExec.exe to distribute the malware to each host on the network and encrypt most of the files on the system,” the FBI added. But the folks behind SamSam have decided to think bigger and are asking for far more.

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Ransomware FBI Bitcoin On-Demand 43

PYMNTS

OCTOBER 23, 2019

As it recovers from a ransomware attack that started last week, business-to-business payments provider Billtrust is in its last stages of putting all of its systems online from backups. The company learned of a malware intrusion on Oct. 17, Krebs on Security reported.

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Ransomware Law Enforcement FBI Encryption 40

VISTA InfoSec

JULY 31, 2023

Protect Stored Cardholder Data: PCI DSS Requirement 3 reduces risks of storing sensitive data by using encryption, truncation, masking and hashing to protect cardholder data from hackers; thereby ensuring compliance with regulations. Hackers target data in transit, making it important to implement safeguards and encryption measures.

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PCI DSS Security Encryption Compliance 130

The Paypers

MARCH 30, 2016

(The Paypers) Malware expert Lawrence Abrams has brought into attention that Germany-based companies are targeted by ransomware using disk-level encryption.

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Ransomware Encryption 31

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).

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Ransomware Phishing Direct Deposit Business Email Compromise 63

PYMNTS

SEPTEMBER 19, 2016

Attacks can range from simple attacks through third-party applications, to malware with viruses or spyware placed on devices, to even ransomware that locks the device entirely and demands money from the user. Health care companies are indeed concerned, but some may feel paralyzed as to what to do about it, including how to encrypt data.

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Data Breach Breach Cybersecurity Ransomware 79

PYMNTS

OCTOBER 14, 2019

TechCrunch reported that the company was hit with a ransomware attack. Pitney Bowes was affected by a malware attack that encrypted information on some systems and disrupted customer access to our services,” the company said on Monday (Oct. The FBI recently warned that “high impact” attacks would be hitting large companies.

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Ransomware FBI Consulting Encryption 51

PYMNTS

JANUARY 9, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data.

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Ransomware Encryption Returns Compromise 52

The Paypers

JUNE 2, 2016

(The Paypers) According to a report released today by PhishMe , 93% of phishing emails have contained encryption ransomware.

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Ransomware Phishing Encryption 28

The Paypers

MARCH 1, 2017

(The Paypers) US companies are opening Bitcoin wallets and purchasing Bitcoin in case company servers or computers are compromised with ransomware encryption.

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Ransomware Bitcoin Encryption Compromise 28

The Paypers

JANUARY 15, 2019

(The Paypers) MalwareHunterTeam have discovered a new ransomware that not only encrypts users’ files, but also tries to steal their PayPal credentials with an included phishing page.

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Ransomware Credential Phishing PayPal 28

PYMNTS

DECEMBER 13, 2019

Those were ransomware attacks , which demand money in exchange for giving users control of their systems. The previous attacks cobbled phones and encrypted data at the governor’s office, schools, the Medicare system and the Department of Motor Vehicles. The new attacks were not confirmed as ransomware, but they affected city services.

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PYMNTS

JANUARY 20, 2017

With hundreds of encrypting malware types available to cybercriminals today, the individuals perpetrating these malicious attacks are able to leverage various networks and applications to demonstrate their power and capabilities. Gmail Users Get Fooled.

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PYMNTS

JANUARY 13, 2020

The ransomware gang Sodinokibi was blamed for demanding $6m (£4.6m) in exchange for customer data. Officials at the Albany International Airport paid a ransom to cybercriminals after the facility’s systems were hit with the Sodiniokibi ransomware strain on Christmas, the Albany Times Union reported.

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Ransomware Compromise FBI On-Demand 52

PYMNTS

JANUARY 10, 2020

Ransomware , to be exact. The bad actors demanded $6 million in order to return encrypted customer data. The fact that the system has shifted to manual tasks speaks to the impact ransomware attacks can have. Travelex has also said that it does not yet have “a complete picture” of all the data that has been encrypted.

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PYMNTS

JUNE 4, 2018

Furthermore, AIG found that more than a quarter – 26 percent – of cyber claims in 2017 cited ransomware as the primary cause of loss, compared to only 16 percent between 2013 and 2016. The news comes about a year after a major ransomware attack affected more than 200,000 computers in 150 countries across the globe.

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Data Breach Ransomware Breach Cybersecurity 43

PYMNTS

MAY 5, 2016

FBI Cyber Division Assistant Director James Trainor is telling businesses that, though ransomware attacks are on the rise, it’s best not to pay hackers when the situation arises. Though WSJ said Trainor expressed his sympathies to those companies that do become victims of ransomware attacks, paying the ransom only serves as an incentive.

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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. Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. As a result, Gov.

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Law Enforcement FBI Ransomware Laws 64

VISTA InfoSec

NOVEMBER 7, 2023

Ransomware : Malicious software that encrypts a user’s data, demanding payment in exchange for the decryption key. Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials.

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Authentication MFA Cybersecurity Credential 130

PYMNTS

MAY 15, 2019

Microsoft has warned that a patched computer bug affecting some of the older versions of Windows could be used as a weapon in the vein of the WannaCry worm, which infected countless computers with ransomware, according to a report by The Wall Street Journal. . Computers at Nissan, FedEx and England’s National Health Service were all affected.

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PYMNTS

DECEMBER 4, 2018

In addition, UniCredit customers in Italy can now use the Google Pay digital wallet, and cybercriminals are reportedly using malware to encrypt files and asking for a ransom to be paid through WeChat Pay. The malware encrypts files on devices and pilfers passwords for shopping sites and a messaging platform, among other websites.

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Encryption Ransomware Payments Debit Card 59

PYMNTS

MARCH 6, 2018

Ransomware attacks stood at 184 million last year, down markedly from the 638 million seen in 2016. That slip comes even as ransomware dominated the news reports (remember WannaCry ?). But ransomware variants, SonicWall reported, were up just over 101 percent.

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PYMNTS

JANUARY 17, 2017

In late December, Los Angeles Valley College found itself to be the latest victim of a ransomware attack — when malicious software is used by to block access to files until demands are met. The college’s electronic files had all been encrypted and campus email, voicemail and computer system services had been interrupted.

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Bitcoin Ransomware Law Enforcement Cybersecurity 43

Global Fintech & Digital Assets

DECEMBER 11, 2023

The changes impose more demanding requirements for larger entities, new obligations to report ransomware incidents and payments, and expanded oversight responsibilities for board and senior management. The Amendments also require a covered entity to report within 24 hours any extortion payment made in response to a ransomware attack.

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Cybersecurity Multifactor Authentication Risk Assessment MFA 59

PYMNTS

JANUARY 19, 2020

The ransomware attack on Dec. Louisiana was also hit by cyberattacks in July and November, including a ransomware attack. The attacks took down phone lines and encrypted data at government and school offices. The online system for business permits and licenses is anticipated to be available to the public by Jan.

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Ransomware Payments Governance Government 52

Payment Savvy

JANUARY 27, 2021

Offers ransomware recovery. Use Encryption and Tokenization. Tokenization and encryption handle the data they are attempting to replace differently. Tokenization and encryption handle the data they are attempting to replace differently. It’s also important to encrypt data when storing it.

Security 52

Security PCI DSS Encryption Payments 52

PYMNTS

MAY 12, 2016

It looks as though even the House of Representatives isn’t safe from the threat of ransomware attacks. Hackers recently attempted to access congressional computer systems, encrypt the data and hold it for ransom, various media outlets reported on Tuesday (May 10). “In The recent attacks have focused on using.js

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Ransomware Encryption Phishing Cybersecurity 41

PYMNTS

JULY 20, 2016

What used to be a constant stream of messages touting fake Rolex watches, male enhancement pills and pornography has now become a 24/7 deluge of ransomware, spyware, phishing, and other malware,” AppRiver said in its second quarter security report. “While spam email traffic is leveling off, email traffic has never been more dangerous.

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Ransomware Phishing Credential Encryption 41