Cybercrime in Europe doubled in the past year as hackers took advantage of the pandemic, CNN reported, citing figures from the European Union. The European Union Agency for Cybersecurity (ENISA), told CNN that 2020 had more than double the number of attacks over the previous...
The world’s largest quick-service restaurant (QSR) chain just had its cyber defenses breached. McDonald’s revealed Friday (June 11) that its databases have been hacked in the United States, South Korea and Taiwan, reports The Wall Street Journal. The breach was discovered when external consultants looked into...
The landscape has been changing for payments fraud thus far in 2021, and that change will continue. Payoneer General Manager of Enterprise Adam Cohen told PYMNTS that advanced technologies and payments orchestration can help battle the bad actors, especially as they find new attack vectors...
MoneyGram has had its anti-money laundering charges dismissed, according to a Wall Street Journal (WSJ) report on Thursday (June 10). Prosecutors said the money transfer company had complied with the terms of the long-running settlement agreement. Judge Christopher Conner passed down the judgment, bringing an...
FBI Director Christopher Wray said companies and organizations that are the victims of ransomware attacks should contact law enforcement quickly instead of paying to unlock their systems, Bloomberg reported. Recent ransomware attacks have gone after bold targets, including critical services like gasoline and healthcare. A...
JBS, the world’s biggest meat processing company, said it paid the equivalent of $11 million in ransom after its company was hacked by cyber thieves in order to prevent disruptions, the company said in a blog post. When the ransom payment was paid, most of...
The “what” is this: A significant portion of the bitcoin-denominated ransomware demanded of – and received from – the Colonial Pipeline operator has been recovered. The “how” shows that bitcoin and other digital offerings, lauded by some (including some criminals and, presumably, by DarkSide) as...
Dozens of news and government websites went offline early Tuesday (June 8) due to a glitch at a cloud services provider. According to The Wall Street Journal, the affected sites included the British government’s main public services portal and high-profile news outlets in America and...
Will 2021 be remembered as the year of the cyberattack? Two more high-profile breaches occurred over the last few days, with hackers breaking into the New York City Law Department’s computer system this weekend, and the company that provides email newsletter service to the House...
