In the wake of a situation last weekend in which a group of hackers shut down a U.S. oil pipeline, the White House is thinking about whether there’s merit to making ransom payments to cyberattackers, the Financial Times (FT) reported. Get the Full Story Complete...
The FBI said it has identified the hackers who shut down the East Coast’s main gas and diesel pipeline last week as a group from Eastern Europe. DarkSide, a relatively new group of hackers, created the malicious computer code that led to the shutdown of...
With concerns over such data as personal information and intellectual property on the rise, Microsoft is linking up with cybersecurity company Darktrace to offer an artificial intelligence (AI) defense across the cloud. Get the Full Story Complete the form to unlock this article and enjoy...
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...
