After years of forecasts of such an event, cybercriminals finally grabbed a vital piece of in infrastructure that they are refusing to unhand until someone pays them. The cybercrime gang known as DarkSide has reportedly shut down a vital U.S. pipeline, now in its fourth day...
Data, data everywhere – accumulating exponentially, as we have gone increasingly digital. 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...
The Biden administration is looking to crack down on ransomware, especially as a series of major cyberattacks has recently occurred, Bloomberg reported. In the span of a few days, attacks were leveled at the police station in Washington, D.C., with hackers threatening to release information...
Consumers can drift along in a happy sort of haze, extending trust to brands that appeal, and enjoying a loose but very real connection — until a company lets data get stolen. New PYMNTS research indicates that merchants are more on the hook for data...
Glovo, a Spanish startup, was the victim of a hack, although it didn’t specify what information was accessed, Reuters reported Tuesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
For every small merchant that found a way to rewrite itself digitally over the last year or so, it seems there is a cybercriminal waiting in the wings. To date, global cybercrime is doing some $5.2 trillion a year in financial damage, more if one...
The pandemic has been an undeniable boon for eTailers. More consumers than ever are going online to buy all manner of products, from household goods to health and wellness products to clothing and beyond. Get the Full Story Complete the form to unlock this article...
Business email compromise (BEC) is an ever-evolving beast that threatens organizations of all types and sizes around the globe. But companies are not entirely defenseless against the scam, as Jeff Taylor, senior vice president of Commercial Fraud Forensics at Regions Bank, told PYMNTS in the...
Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. 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...
