Sections
Cyberattack
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1.8KSecurity & FraudPitney Bowes Hit In Ransomware Attacks
Shipping and technology behemoth Pitney Bowes is the latest in a string of high-profile companies to be hit in a cyberattack. TechCrunch...
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1.8KLegalNY AG Sues Dunkin’ Over Data Breaches, Theft
The attorney general of New York has filed a lawsuit against Dunkin’ Brands over a cyberattack that saw the theft of tens...
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6.8KB2B PaymentsSMBs Severely Underestimate Data Breach Costs
It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams:...
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1.4KData DiveData Dive, Sad Days For Security Edition: Apple, Alphabet, Android And AI
One might have thought the low watermark for digital security headlines came the week before last, with the near-continuous revelations that Jack...
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8.1KSecurity & FraudCriminals Use Voice AI To Steal Money
Cybercriminals impersonated the voice of an energy company’s chief executive and demanded an urgent transfer of $243,000 – and it worked, according...
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4.3KSecurity & FraudBluetooth Security Flaw Makes Users’ Device Data Vulnerable To Attack
A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday...
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3.6KSecurity & FraudHacker Prompts Shutdown Of ECB Website
A European Central Bank (ECB) website has been shut down after a malicious hacking attack infected the site. Reuters is reporting that...
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2.0KB2B PaymentsCyberattack Paralyzes India eProcurement Portal
A cyberattack has shut down the governmental eProcurement system of the southwestern Indian state of Karnataka, reports in The New Indian Express...
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3.6KInvestmentsCybersecurity Startup Confluera Announces $9M Investment
Cybersecurity startup Confluera announced that it raised $9 million in Series A led by Lightspeed’s Founder & Managing Partner Ravi Mhatre. There...
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4.4KB2B PaymentsSmall Town Government, Big Time Cybercrime
Last month, the city of Riviera Beach, Florida, was crippled by a ransomware attack that led to it paying a hefty sum...
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4.1KSecurity & FraudFlorida City Pays Hundreds Of Thousands To Hackers
One small Florida city has had to pay cybercriminals thousands of dollars in ransomware. Lake City, a community of about 12,000 people...
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2.4KSecurity & FraudTelegram Messaging App Targeted By China Cyberattack
Messaging app Telegram said on Thursday (June 13) that it was the victim of a DDOS cyberattack from China, according to a...
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6.5KSecurity & FraudFacial Recognition Critics Roil Over Border Control’s Database Hack
United States Customs and Border Protection (CBP) has revealed that photos of travelers coming into and out of the country were stolen...
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3.4KSecurity & FraudMillions Of Health Records Compromised In Quest Hack
Patient records numbering around 11.9 million were compromised and exposed in a data breach of an agency that collects money for Quest...
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4.3KSecurity & FraudData Leak Discovered In Marriott’s Management Company
A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a...
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3.2KLegalFirst American Financial Customers Sue Over Data Breach
First American Financial Corp., the title insurance company that exposed the data on hundreds of millions of mortgages dating as far back...
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5.5KMarketsMoody’s Lowers Equifax Rating After Cyberattack
Moody’s has lowered its rating outlook on Equifax due to cybersecurity issues. Moody’s lowered the credit monitoring company’s outlook from stable to...
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2.8KB2B PaymentsFBI, Banks Go Global With Cybercrime-Fighting Tactics
The U.S. Federal Bureau of Investigation (FBI) last week announced charges against 11 alleged members of a cybercriminal ring targeting small businesses....
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2.5KB2B PaymentsAccountants Sound Off On Wolters Kluwer Cyberattack
A cyberattack at accounting firm Wolters Kluwer that left its accountant clients unable to access a portal necessary to do their jobs...
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2.2KBitcoinBitcoin Daily: JobCoin To Move IEO To BitKing Exchange; Binance Back To Trading After Cyberattack
JobCoin, the digital asset primed for international rebates, revealed to Cryptovest that it is moving to its second stage of its IEO,...
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5.9KSecurity & FraudJapan’s Uniqlo Hacked, 460K Accounts Compromised
Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised...
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2.5KBitcoinBitcoin Daily: EY Reveals QuadrigaCX Owes $150M; Binance To Resume Transactions After Cyberattack
QuadrigaCX’s final report revealed that the defunct exchange still owes around $160 million. The bankruptcy trustee Ernst & Young is now looking...
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4.6KSecurity & FraudBoost Mobile Notifies Customers Of Hacking Attack
Boost Mobile, a network owned by Sprint, has notified customers of a hacker attack that accessed an unknown number of accounts, according...
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4.8KB2B PaymentsWolters Kluwer Cyberattack Spreads ‘Quiet Panic’ Through Industry
A malware attack at accounting software company Wolters Kluwer wreaked havoc on the firm this week, as reports stated the cyber event...
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5.7KSecurity & FraudAmazon Merchants Affected By Cyberattack
Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own,...
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4.6KSecurity & FraudDOE: Cyberattack Interrupted US Electrical Services
The Department of Energy (DOE) has confirmed that a distributed denial-of-service attack (DDoS) perpetrated against an energy company caused “interruptions of electrical...
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3.0KSecurity & FraudHackers Had Six-Month Access To Citrix Networks
Citrix has confirmed that hackers had access to its networks for six months before the breach was discovered, according to reports. In...
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5.4KSecurity & FraudP2P Security Issues Plague Millions Of IoT Devices
A P2P (peer-to-peer) technology ingrained in millions of IoT (Internet of Things) devices, including security cameras, smart doorbells, baby monitors and video...
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6.1KB2B PaymentsThanks To Ransomware, Bitcoin Leaves A Bad Taste In Corporates’ Mouths
The last several years have seen a surge in efforts among the cryptocurrency community to legitimize the technology. Once seen as a...
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5.7KSecurity & FraudInsurance Brokerage Launches Cybersecurity Assessment Service
An insurance brokerage has launched an initiative to bring together some of the world’s biggest insurers for a collaboration on a cybersecurity...
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4.5KSecurity & FraudReport: BEC Fraud Increasingly Goes Mobile
The wiles and ways of scammers to part businesses from their money continue to proliferate, and continue to use technology as a...
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5.9KSecurity & FraudMicrosoft: State-Sponsored Hackers Siphoned Money From Several FIs
Microsoft’s lastest cybersecurity report has revealed that state-sponsored hackers have attacked several financial services firms, managing to steal “large sums of cash.”...
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7.0KSecurity & FraudSymantec: Formjacking Is Cybercriminals’ Newest Scam
With cybercriminals not making as much from ransomware and cryptojacking, they have been focusing more on a strategy called “formjacking” to raise...
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4.2KB2B PaymentsBusinesses Fail To Manage Risk Despite Preparing For ‘Major Crisis’
Corporates aren’t prepared to tackle the headwinds of market risks, according to two separate reports released last week. FTI Consulting released its...
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5.9KCryptocurrencyCrypto’s $2.5 Million Daily Fraud Problem
The big bitcoin and crypto breach events are well-known news items. There was the Mt. Gox hack that saw $473 million in bitcoin...
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2.9KAmazon ProfileFive At Five: Amazon’s New Cashback Idea
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by...
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5.1KSecurity & FraudHackers Make $3.7M In Ryuk Ransomware Attack
Ryuk, a ransomware threat that has been spreading online, has earned the hackers more than 705 bitcoin in five months, which has...
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4.8KSecurity & FraudHospital Cyberattacker Receives 10-Year Prison Sentence
A Massachusetts man has been sentenced to more than 10 years in prison for a cyberattack that disrupted Boston Children’s Hospital‘s network...
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6.2KSecurity & FraudComcast Launches AI-Powered Cybersecurity Service
Comcast is releasing an artificial intelligence-powered service that will monitor, block and tell customers about online threats to devices connected to home...
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5.2KFraud PreventionWhat Lies Beneath: FIs’ Biggest Cyberthreat
Well, let’s start with the bad news first, even at the risk of robbing some of the joy and optimism that comes...
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11.4KSecurity & FraudWarby Parker Cyberattack Affects 198K Accounts
Online glasses retailer Warby Parker was hit by a cybersecurity attack that affected about 198,000 of its customers from late September to...
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6.4KSecurity & FraudExperts Say China’s Cyberattacks To Intensify
China will not stop its cyberespionage campaign against America any time soon, an expert told CNBC. Michael Fuchs, a senior fellow at...
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6.5KSecurity & FraudMicrosoft Issues Emergency Internet Explorer Security Update
Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the...
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5.3KSecurity & FraudUS 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...
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7.0KB2B PaymentsHarry 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...
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4.7KSecurity & FraudMicrosoft: 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,...
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7.7KSecurity & FraudMarriott 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...
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7.5KB2B PaymentsThe 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....
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12.8KSecurity & FraudWhy 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...
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6.5KSecurity & FraudHackers 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...
