cyber attack

Give SMBs A Break On Cyber Penalties, Researchers Argue

Give SMBs A Break On Cyber Penalties, Researchers Argue
Give SMBs A Break On Cyber Penalties, Researchers Argue
November 27, 2018  |  B2B Payments

Two researchers from Bloomsberg University of Pennsylvania are arguing that small businesses should not be held accountable to the same level as large corporations when...

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Bitcoin Daily: Bitcoin-Stealing Malware Attacks 700K Websites; Blockchain Tackles Renewable Energy Trading
Bitcoin Daily: Bitcoin-Stealing Malware Attacks 700K Websites; Blockchain Tackles Renewable Energy Trading
November 07, 2018  |  Bitcoin

Canada’s St. Francis Xavier University of Nova Scotia (StFX) had to temporarily shut down its entire network due to a crypto-jacking attack. Get the Full...

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Ransomware Attack Cost City Of Atlanta Over $2M
Ransomware Attack Cost City Of Atlanta Over $2M
April 24, 2018  |  Fraud Prevention

Last month, Atlanta’s city government was the victim of a ransomware attack that wound up costing it more than $2 million. Get the Full Story...

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Olympic Officials Mum On Cyberattack
Olympic Officials Mum On Cyberattack
February 12, 2018  |  Cybersecurity

Winter Olympic Games organizers have confirmed that while there was a cyber attack during the opening ceremony on Friday, it didn’t affect any critical elements...

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Trump Administration To Hold North Korea Responsible For WannaCry
Trump Administration To Hold North Korea Responsible For WannaCry
December 19, 2017  |  Cybersecurity

The U.S. government has finally publicly acknowledged that North Korea was behind the WannaCry computer virus, which inflicted more than 230,000 computers in over 150...

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Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist
Philippine DOJ Wants Former Bank Manager Charged In Bangladesh Heist
September 08, 2017  |  Cross-border Payments

The Department of Justice in the Philippines has recommended that charges be lodged against a former bank manager who allegedly helped launder millions of dollars...

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Financial Firms Turn To Insurance For Operational Risks
Financial Firms Turn To Insurance For Operational Risks
August 31, 2017  |  Cybersecurity

Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter...

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New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
August 25, 2017  |  Cross-border Payments

Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives...

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