Sections
Cyberattack
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2.2KSecurity & FraudNewegg Victim Of Data Breach That Lasted A Month
Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. According to a news outlet citing...
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2.3KFraud AttackHacker Attack Exploits Security Hole In Token Exchange
A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of...
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3.0KFraud Attack
North Korean Hackers Paid Using A Bitcoin Wallet
The alleged North Korean hacking of Sony, Bangladesh Banks and other targets stand as some of the most infamous cyberattacks yet experienced....
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2.7KSecurity & FraudAnatomy Of A Bank Heist, SWIFT-ly Done By Phishers
In 2016, $81 million disappeared from Bangladesh’s central bank. It could have been a lot worse — hackers tried to get away...
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1.7KSecurity & FraudF-Secure Researchers Find Security Weakness In All Modern PCs
F-Secure, the security firm, announced Thursday (Sept. 13) that consultants for the company have found a weakness in all modern computers that...
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1.4KToday In DataToday In Data: Fighting Fraud Without Frustrating Merchants
For all the time, energy and effort spent fighting fraudsters, they are persistent in looking for ways to fight back. The costs are myriad,...
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2.2KB2B PaymentsBusinesses Urged Not To Pay Ransom To Cyberattackers
Small business owners are making a grave mistake if they assume their firms are not a prime target for cyberattackers. Not only...
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2.2KSecurity & FraudResearcher Says British Airways Hack Due To Skimming Malware
RiskIQ, the security firm, told outlets on Tuesday (Sept. 11) that the data breach at British Airways was due to credit card skimming...
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2.4KSecurity & FraudBank Of Spain Site Disrupted Via DoS Attack
The Bank of Spain’s website has been temporarily disrupted since Sunday (Aug. 26) due to a cyberattack. According to Reuters, the bank...
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2.9KSecurity & FraudBig Banks Plagued By Dark Tequila Malware
Kaspersky Lab announced on Tuesday (Aug. 21) that it discovered a sophisticated cyber-operation named Dark Tequila, which has been targeting Mexicans for the...
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1.9KSecurity & FraudHackers Clone Debit Cards From India Bank
India’s Cosmos Bank was the target of an attack in which hackers were able to transfer more than Rs 94 crore via...
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2.6KSecurity & FraudEven Golfers Aren’t Safe From Ransomware
The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific...
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2.4KSecurity & Fraud
Singapore Minister Says Breach May Have Been State-Linked
Singapore’s Cabinet Minister for Communications and Information S. Iswaran said on Monday (Aug. 6) that the cyberattack that infiltrated 1.5 million health records in the...
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2.5KSecurity & FraudDixons Carphone Says 10 Million Impacted By Data Breach
Dixons Carphone, the U.K. mobile phone and electronics retailer, disclosed on Tuesday (July 31) an update on a data breach in which...
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1.8KB2B PaymentsSimulated Cyberattacks Reveal Corporate Passwords Are Weak, Internal Threats Are Strong
Cybersecurity investments are soaring. Unfortunately, for many corporates, vulnerabilities in their systems — even with the latest technology — won’t be discovered...
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1.6KNewsFive At Five: Twitter Warns Investors On Monthly User Totals
Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage includes a Twitter warning...
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2.6KSecurity & FraudCyberattack Strikes Chinese Shipper Cosco
Cosco Shipping Holdings Co. was the victim of a cyberattack that disabled the Chinese state-run company’s U.S. website and email systems. According...
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2.1KSecurity & FraudKaspersky: Gaming, Crypto Targeted In DDoS Attacks
A new report from Kaspersky Lab shows an increase in botnet-assisted DDoS attacks, including the recurrence of old vulnerabilities and the rise in...
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1.6KGlobal PaymentsShopKeep Teams Up With Gravity Payments; Singapore Requires Banks To Step Up Verification Efforts
Welcome to The Axis, your late look at payments news from around the world. Coverage includes The Monetary Authority of Singapore’s requirement...
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2.7KSecurity & FraudSingapore Cuts Off Internet Access For Public Healthcare Workers
Singapore has moved to disconnect computers from the internet at public centers in an effort to stop cyberattacks that could have the...
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1.7KNewsFive At Five: Amazon’s Grocery Power
Welcome to Five at Five, your late look at the payments and commerce news of the day. Today’s coverage includes a detailed...
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2.1KSecurity & FraudSingapore Health Database Breached In Cyberattack
In what has been described as a serious breach, Singapore experienced a major cyberattack on its health database. The personal information of...
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3.1KB2B PaymentsCiti’s Manish Kohli: The Corporate Appeal Of Citi Payment Insights
The global financial services market’s modernization efforts are in full swing, and at the heart of this effort is to improve the visibility...
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1.6KSizzle/FizzleAt The Grocer, Consumers Sizzle At Self-Checkout
Sizzle Self-checkout: Check yourself, as the song says. And in retail, the checking yourself is literal and increasing. As many as 70 percent of...
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2.8KB2B PaymentsFleets Steer Dangerously Close To Cyberattack Risks
Exploding interest in smart cars and autonomous vehicles isn’t just changing the way the average consumer drives. The fleet management market is...
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2.0KB2B PaymentsCanada Finance Department Assesses Cyberattack Risk
Internal analysis at Canada’s federal Department of Finance is warning of the risk of a cyberattack that could have significant effects on...
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3.1KSafety and SecurityMonzo Warned Of Ticketmaster Breach Months Before It Was Announced
One bank says it warned Ticketmaster about a malicious software breach that leaked the personal information of tens of thousands of customers...
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2.4KSecurity & FraudTimehop Discloses Data Breach That Impacts 21M Users
Timehop, the mobile app that gathers photos from social media, disclosed on Monday (July 9) that it was the subject of a...
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2.2KSecurity & FraudAdidas Warns Customers Of Data Breach
Another day, another (possible) data breach: Adidas revealed that it has come under attack from cybercriminals looking to steal personal information. The...
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3.1KSecurity & FraudTicketmaster UK Suffers User Data Breach
Ticketmaster U.K. revealed that over the weekend it identified malicious software on a customer support product hosted by Inbenta Technologies, an external...
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2.3KSecurity & FraudEquifax Agrees To Regulators’ Demand For Stronger Security Practices
Equifax has made a deal to tighten up its security after a massive data breach that compromised the sensitive data of more...
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2.7KSecurity & FraudAmid DDoS, No Smooth Sailing For Travel Firms
Faster payments are smarter payments. Safer payments are smarter payments, too. However, though speed matters, so does safety. In a world where...
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3.5KSecurity & FraudBlack Hat: Cybersecurity Is More Than A Tech Problem
Cybersecurity was once seen as purely a matter of technology, but more and more, security experts are bundling issues such as personal...
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3.0KSecurity & Fraud38 Percent Of Local Governments Vulnerable To Cyberattacks
New research shows that 38 percent of public-sector entities will suffer a ransomware attack this year, up from 31 percent last year...
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3.2KSecurity & FraudFIs Facing $100B A Year In Cyberattack Losses
The impact from a cyberattack on financial institutions (FIs) could reach as high as a few hundred billion dollars annually, chipping away...
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2.5KSafety and SecurityLiberty CEO: Customers Untouched By Recent Cyberattack
Liberty Holdings’ CEO said its customers have not suffered any financial losses so far after the company was hit with a cyberattack...
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2.4KSecurity & FraudWorld Cup Threatened With Possible Cyberattack
Based on a survey of security professionals who attended Infosecurity Europe 2018, the majority expect a cybeattack at this year’s World Cup, which...
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5.8KBitcoinSouth Korean Cryptocurrency Exchange Hack Sends Price Of Bitcoin Lower
Coinrail, a small South Korean cryptocurrency exchange that disclosed over the weekend it was hacked, sent the price of bitcoin lower. The...
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1.4KFraud PreventionThe Importance Of Cyber War Games For Digital Businesses
Sun Tzu might approve. As every general and C-suite pseudo-warrior knows, the ancient Chinese military theorist advised that every battle is won...
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5.2KSecurity & FraudAIG: WannaCry, Data Breaches Made 2017 Worst Year Yet
Following a series of sophisticated cyberattacks, such as WannaCry and NotPetya, AIG received a surge of cyber claims in 2017: The insurer...
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2.6KFraud AttackMexican Banking Exec Still Worried About Cyberattacks
The immediate danger has passed – but the threat is still there. That was the message on Wednesday (May 30) from Alejandro...
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2.7KSecurity & FraudBank of Montreal, CIBC Announce Cyberattacks
Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC) announced Monday (May 28) that hackers stole data on close to 90,000...
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3.7KSecurity & Fraud
FBI Says Russian Hackers Have Compromised Routers
U.S. authorities said Friday (May 25) that Russian hackers had “compromised hundreds of thousands of home and office routers and could collect...
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4.6KSafety and SecurityWas A Massive Cyberattack Just Prevented?
The Federal Bureau of Investigation (FBI) is dismantling a “large network of hacked routers and storage devices” that could have enabled a...
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2.5KB2B PaymentsFor Cyber Insurance Companies, Attacks Can Be Riskier Than A Hurricane
When PricewaterhouseCoopers released a report in 2015 that predicted the cyber insurance industry would see premiums triple in five years and reach...
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3.8KSecurity & Fraud
Five Or More Mexican Banks Suffer Unauthorized Transfers
Lorenza Martinez, head of Banxico’s payment system, said late last week that five or more Mexican financial groups saw “unauthorized transfers” during the...
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6.6KSecurity & FraudCredit Card Data Stolen In Chili’s Malware Attack
Chili’s has suffered a data breach that may have compromised customers’ credit card information. The restaurant chain’s parent company Brinker International made...
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2.3KSafety and SecurityTennessee Election Website Went Offline In Cyberattack
In a distributed denial-of-service (DDoS) attack this week, the website of a county election commission in Tennessee went offline during a mayoral...
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4.1KSecurity & FraudSchool District Pays Hackers $10K In Bitcoin To Recover Data
After hackers stole data from the computer system of a Massachusetts school system, they offered to return the information in return for...
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2.7KSecurity & FraudData Breaches Are Stressing Americans, Canadians Out
Kaspersky Lab, the cybersecurity company, revealed in a new survey on Tuesday (May 1) that 81 percent of Americans and 72 percent...
