Toyota said it will suspend production at its Japanese factories after a cyberattack directed at a supplier of plastic and electronic components, triggering a loss of about 13,000 cars, according to a on Monday (Feb. 28) Reuters report. Japanese Prime Minister Fumio Kishida told reporters...
A federal grand jury in San Diego indicted the founder of the BitConnect crypto investment platform on a variety of fraud, unlicensed money transmitting and money laundering charges on Friday, almost four years after HBO’s “Last Week Tonight” host John Oliver highlighted it on a...
The Polish government and the nation’s payment clearinghouse have experienced more cyberattacks recently, the federal chief of cybersecurity said Friday (Feb. 25), Reuters reported. In a broadcast on Polskie Radio, the country’s public service radio broadcasting organization, Janusz Cieszynski said law enforcement had not identified...
Open a newspaper, turn on the TV or click on a link, and you’ll see any number of headlines — seemingly every day — that shine a spotlight on just how vulnerable our data can be, and how hackers are leveraging business email compromises and...
Scams targeting users of mobile payment apps such as Cash App, QuickPay, Venmo and Zelle are surging, the Better Business Bureau and Illinois utility Commonwealth Edison warned Thursday (Feb. 24). ComEd customers alone reported being scammed out of at least $27,000 in January 2022, the...
Online verification service ID.me, which counts the IRS among its clients and recently endured criticism over certain practices, Thursday (Feb. 24) announced a decidedly low-tech way to blunt critics. The company added people to the mix, in part to override automated processes that critics said...
The mobile phone, increasingly, is becoming the means through which criminals are impersonating unwitting victims, and stealing from them. The FBI said earlier this month in an official warning that Subscriber Identity Module – or SIM – swapping scams are gaining popularity. The schemes target fiat and...
As digital commerce and payments grow, fraud grows with it. That’s going to get worse before it gets better as merchants and their payments partners decipher the many-faced fraud beast. Immense expansion of digital commerce and digital payments over the past two years is benefitting...
OpenSea is looking into a phishing attack for non-fungible tokens (NFTs), according to Co-founder Devin Finzer, Bloomberg reported Sunday (Feb. 20). Finzer said the attack no longer seems to be active and wasn’t connected to the OpenSea website. “We don’t believe it’s connected to the...
