Ransomware professionals are starting to operate more like legitimate businesses, selling ransomware-as-a-service (RaaS) to non-technical would-be cyber thieves — a subscription-based or pay-for-use malware. There are also consultants for hire to gather intel on potential victims, determine realistic demands and act as negotiators between victims...
Ransomware activity related to cryptocurrency is most often associated with the release of malware that encrypts a victim’s information — usually a major corporation — demanding money in exchange for the release of the proprietary data. Get the Full Story Complete the form to unlock...
The security of backed-up and stored data is among the chief concerns of financial firms around the country, according to a recent survey of 200 financial organizations in 45 countries conducted by data storage firm Continuity. Get the Full Story Complete the form to unlock...
As tension on the ground between Russia and the Ukraine intensifies, the European Central Bank (ECB) has warned financial institutions (FIs) of a possible Soviet cyberattack, sources told Reuters Wednesday (Feb. 9) Get the Full Story Complete the form to unlock this article and enjoy...
Microsoft is in talks to buy Mandiant, a cybersecurity research and incident response firm, which would boost its efforts to protect users from hacks, Bloomberg reported Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
CipherTrace, a crypto sleuthing firm, has reportedly been using “honeypots,” a term meaning decoy targets collecting intelligence on unknowing targets, a report from CoinDesk says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
White House officials, including deputy national security advisor for cyber and emerging technology Anne Neuberger, are meeting with executives from Big Tech firms on Thursday (Jan. 13) to talk about major cyberattacks on the country last year that involved open-source software Log4j and other software,...
London FinTech Starling Bank has put Meta on notice and said it was boycotting advertising on Facebook and Instagram due to the number of scammers infiltrating its social media platforms, Starling CEO Anne Boden said in her annual letter. Get the Full Story Complete the...
The Log4Shell vulnerability has affected workforce management and human resources (HR) cloud provider Kronos, the company warned users in a blog post last updated Monday (Dec. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
