Growing instances of bitcoin being used to demand ransom payments suggest that the best-known cryptocurrency is gaining popularity among cyber criminals. From pipelines to meat processors, reports of bad actors seeking to disrupt supply chains and transportation hubs are on the rise, along with demand...
The Massachusetts Steamship Authority, which operates ferries serving the summer hot spots Martha’s Vineyard, Nantucket and Cape Cod, announced on Twitter Wednesday (June 2) that it was the target of ransomware that, among other effects, limited the authority’s ability to process electronic payments. Get the...
Ransomware attacks threatening in recent weeks to interfere with the way Americans heat their homes, drive their cars and eat are among factors prompting business leaders to call for a vigorous government response against the attackers, The Wall Street Journal (WSJ) reported. Get the Full...
With a never-ending parade of bad news about data breaches, cybercrimes, ransomware schemes and a purported army of digital criminals ready to unleash their next nefarious plan, merchants could easily feel as though they were under constant assault. Get the Full Story Complete the form...
JBS USA, the world’s largest meat processor, was the victim of a cyberattack that the Greeley, Colorado company called “organized,” which affected its IT systems in North America and Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of dollars in COVID relief money to small businesses. Get the Full Story Complete the form to unlock this article and...
Microsoft said this week that the group behind the cyberattacks on SolarWinds customers last year has turned its focus on government agencies, think tanks and NGOs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Transportation Security Administration (TSA) will release a new security directive, the first of two, to require pipeline operators to reveal when they’ve been the target of an attack, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...
Cyberattacks are the greatest threat to the world’s financial system, the head of the Federal Reserve Board said last month. Investors and cybersecurity industry experts seem to agree with that theory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
