Kaseya, a Miami software supplier which helps technology service providers manage computer networks, knew in April about “a cybersecurity vulnerability” used in a massive ransomware attack last week, The Wall Street Journal (WSJ) reported, citing a Dutch security researcher group that discovered the issue. Get the...
Financial institutions (FIs) often shut down accounts at the first sign of fraud, but this blanket approach can alienate legitimate users and let stealthier cybercriminals slip through the cracks. In the latest Preventing Financial Crimes Playbook, PYMNTS spoke with an FBI spokesperson to examine why...
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There isn’t much good to be said about the motives and mindset of cybercriminals, given that they tend to be focused on fraudulently depriving others of their hard-earned funds. But, as Fastly’s Sr. Principal Technologist Zane Lackey told Karen Webster, there is one good thing...
President Joe Biden has said the U.S. appears to have avoided much damage to businesses in the recent ransomware attack, which was the biggest on record, the Associated Press (AP) wrote Tuesday (July 6). Get the Full Story Complete the form to unlock this article...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Payments firm Klarna is under the microscope of Sweden’s financial watchdog, over reported violations of security laws, Reuters reported Monday (July 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As many as 1,500 companies worldwide were hit by a ransomware attack on Kaseya, a U.S.-based information technology firm, a report from Reuters reported Monday (July 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A cyberattack on German data service provider that works with government groups wasn’t a part of a larger, more comprehensive attack, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...