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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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. Get the Full Story Complete the form to...
The “what” is this: A significant portion of the bitcoin-denominated ransomware demanded of – and received from – the Colonial Pipeline operator has been recovered. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Dozens of news and government websites went offline early Tuesday (June 8) due to a glitch at a cloud services provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Will 2021 be remembered as the year of the cyberattack? 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...
We’re all using apps more than ever before – especially to bank, make payments and get money into the hands of friends and family with the tap of a screen. In 2020, there were more than 1.3 billion global mobile payment users. Get the Full...
The operators of MoviePass have agreed to settle with the Federal Trade Commission (FTC) over allegations that they blocked subscribers from using the service while also not securing users’ personal data, according to a press release. Get the Full Story Complete the form to unlock...
The Federal Bureau of Investigation (FBI) is investigating roughly 100 varieties of ransomware, The Wall Street Journal reported on Friday (June 4). These challenges, many of which originated in Russia, are similar to the 9/11 attacks, agency Director Christopher Wray told WSJ. Get the Full Story Complete the...
The good news is we may finally be witnessing the end of credit card fraud. The bad news, however, is that the online fraudsters and cybercriminals have moved on from poaching plastic to something even bigger: identity theft. Get the Full Story Complete the form...
