Cyberattack

US Charges Loom Against Chinese Hackers

Criminal charges against a number of alleged hackers linked to China may come next week, levied by U.S. prosecutors, as reported by...

Harry Potter and the Credit Card Fraud Scam?

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B2B Payments

Harry Potter And The Credit Card Scam?

Expense card scams can impact even beloved authors if a recent court case is any indication -- and in this case, JK...

1.9K

Security & Fraud

Microsoft: India Cos Lose $10.3M From Cyberattacks Annually

A new study has revealed that a large-sized company in India loses an average of $10.3 million each year due to cyberattacks,...

Marriott CFO Talks Cost of Massive Data Breach

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Security & Fraud

Marriott CFO On Data Breach Cost: Too Soon To Say

After one of the largest data breaches in history, affecting an estimated 500 million guests, Marriott International Chief Financial Officer Leeny Oberg...

3.4K

B2B Payments

The Security Threat Of Bank-FinTech Collaboration

When the data of 15 million T-Mobile customers was stolen in 2015, the mobile firm’s CEO immediately went into damage control mode....

Why Consumers Won’t Bail on Marriott Post-Breach

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Security & Fraud

Why Consumers Will Shrug Off The Marriott Breach

In 1954, mathematician L.J. Savage published research about how consumers process information when making decisions. Dubbed the sure-thing principle, Savage’s work showed...

2.7K

Security & Fraud

Hackers Use Crypto Mining Software To Attack Cos

Hackers might have another way to steal data from corporations: cryptomining software. Troy Kent, a threat researcher at Awake Security, presented his...

Cyber-Insurance-cyberattacks-data-breaches

2.8K

Security & Fraud

Cyber Insurance Disputes Rise With Attacks

With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done...

3.9K

Security & Fraud

Glitch Exposes Amazon Customer Emails

In what it described as a “technical error,” Amazon confirmed Wednesday (Nov. 21) that some of its customer names and emails have...

2.7K

Security & Fraud

Italian Certified Email Accounts Targeted In Cyberattack

The government of Italy was hit with a major cyberattack, violating data privacy by exposing thousands of Italian certified email accounts, including around...

Third-Party Data Breaches Rising in U.S.

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Security & Fraud

Third-Party Data Breaches Rise To 61 Pct In US

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. 15) the results of the third annual Ponemon Institute’s...

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Business

Top Biz Risks: Cyberattacks, Governance, Changes In Oil Prices

The World Economic Forum (WEF) revealed that cybersecurity, changing energy prices and the ability for countries to provide proper governance were among...

3.2K

B2B Payments

Recent Bout Of SMB Cyberattacks Only The Beginning, Warns Zeguro

Recent years have forced many business owners to wake up to not only the threat of cyberattacks, but the massive repercussions if...

3.3K

Security & Fraud

Nearly All Pakistan Banks Suffered Hack

In what is being viewed as a huge security breach, The Economic Times of India reported on Tuesday (Nov. 6) that nearly all...

Two Alleged Hackers Indicted for Lynda Breach

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Security & Fraud

Two Alleged Hackers Indicted In Florida For Lynda Breach

Following a data breach at learning platform Lynda in 2016, two hackers were indicted in Florida this month on charges of extortion...

North Korean Hacking Group Lazarus Steals $571M

4.4K

Cryptocurrency

North Korean Hacking Group Lazarus Takes In $571M

Internet hackers have pilfered $882 million of digital currency from crypto exchanges since last year, but one group in particular has netted...

4.4K

Security & Fraud

Hackers Target IoT-Enabled Appliances To Spark Blackouts

A new study has found that hackers can use appliances that are connected via the Internet of Things (IoT) to set off...

2.2K

Fraud Prevention

NATO Cybersecurity Push Promises Lessons For Payments And Commerce

The business of payments and commerce is not war — despite all that tough motivational talk that insists otherwise, almost always from...

4.0K

Safety and Security

Anthem Data Breach Garners $16M Fine

The nation’s second-largest health insurer will pay the government a record $16 million due to a data breach and cyberattack that exposed...

1.7K

Safety and Security

WhatsApp: Bug That Enabled Hackers To Take Over Has Been Fixed

WhatsApp, the messaging app owned by Facebook, said on Wednesday (Oct. 10) that the bug that enabled hackers to take over apps...

2.1K

News

Five At Five: eBay Calls Out Amazon

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes tension between two big...

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B2B Payments

N. Korea Cyber Group Using SWIFT To Steal From Banks: Report

A new report from cybersecurity experts at FireEye claims a North Korea-led cyber campaign has swindled banks of hundreds of millions of...

3.9K

Facebook

EU Regulator Opens Facebook Cyberattack Investigation

Facebook’s lead EU regulator has started an investigation into the recent cyberattack on the social networking site. According to Reuters, the Irish Data...

2.3K

Security & Fraud

Tesco Bank Fined £16.4M For 2016 Cyberattack

Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack...

5.4K

Security & Fraud

Big Banks See Uptick In Cyberattack Attempts

Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. According to The Wall...

2.2K

Facebook

Facebook Breach Exposes Data Of Nearly 50M Users

After coming across a breach earlier in the week, Facebook said on Friday (Sept. 28) that roughly 50 million of its users...

3.4K

Security & Fraud

Deep Dive: How Retailers Guard Against Cyberattacks

PYMNTS explores the forces threatening consumer trust in this month’s Digital Identity Tracker™ Deep Dive, including how companies protect themselves while boosting...

4.1K

Security & Fraud

Newegg 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...

4.1K

Fraud Attack

Hacker 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...

5.6K

Fraud 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....

4.7K

Security & Fraud

Anatomy 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...

2.5K

Security & Fraud

F-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...

1.8K

Today In Data

Today 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,...

3.2K

B2B Payments

Businesses 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...

3.5K

Security & Fraud

Researcher 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...

3.0K

Security & Fraud

Bank 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...

3.5K

Security & Fraud

Big 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...

2.4K

Security & Fraud

Hackers 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...

3.0K

Security & Fraud

Even 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...

3.3K

Security & 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...

2.9K

Security & Fraud

Dixons 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...

2.3K

B2B Payments

Simulated 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...

1.9K

News

Five 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...

2.9K

Security & Fraud

Cyberattack 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...