Sections
Cyberattack
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2.2KFraud AttackUS And UK Blame Russia For NotPetya Virus
The United States and Britain have accused Russia of releasing a cyberattack that impacted computers around the world and could be used...
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3.1KB2B PaymentsEmployee Phishing Likely To Blame For Saks, Lord & Taylor Breach
Experts say an employee phishing scam is likely to blame for the data breach affecting millions of Saks Fifth Avenue and Lord...
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5.4KSecurity & FraudSpanish Police Arrest Leader Of Hacking Gang Behind Cobalt, Carbanak Attacks
The leader of a cybercriminal gang responsible for the Carbanak and Cobalt malware attacks was arrested by Spanish police. Citing Europol, Reuters reported...
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2.4KSecurity & FraudFeds Charge Nine Iranians In Hacking Case
In one of the Department of Justice’s (DOJ) largest state-sponsored cyberattack cases, federal prosecutors have unsealed criminal charges involving nine Iranians who...
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3.0KSecurity & FraudOrbitz Hit By Data Breach Exposing Customer Info
Orbitz, a subsidiary of online travel agency Expedia, has announced that it was hit with a data breach in 2016. The company...
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4.0KSecurity & FraudTelecoms In Turkey, Syria, Egypt Installing Mining, Surveillance Malware
Internet providers in Turkey and Syria have reportedly been placing surveillance malware on unsuspecting web users, while internet providers in Egypt are...
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3.4KSecurity & FraudApplebee’s Hit With POS Data Breach
After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is...
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3.4KSecurity & FraudEquifax Reveals 2.4M More Victims Of Breach
Equifax, the credit scoring company embroiled in a 2017 data breach scandal, disclosed news on Thursday (March 1) that has identified 2.4 million...
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3.6KAmazonAmazon’s Self-Publishing Service A Target for Fraudsters
Authors using Amazon’s self-publishing service have more on their minds than selling books: Reports have surfaced that some have become the target...
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3.1KSecurity & FraudCisco Finds 42 Percent Of Companies Hit With DDos ‘Burst Attacks’
So-called “burst attacks” are a rising threat to organizations as they grow in complexity, frequency and duration. In fact, one study found...
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1.6KB2B PaymentsAussie Firms Unaware Of Incoming Data Breach Disclosure Rules
Small businesses across Australia could soon be tripped up by incoming rules addressing data breach disclosures, according to news from the Brisbane Times this...
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2.7KFraud AttackCity Union Bank Says Hackers Transferred $2M
City Union Bank, the Indian bank, disclosed this past weekend that it was hacked — with bad guys transferring close to $2...
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1.6KSecurity & FraudCyberattacks Cost US Economy As Much As $109B In 2016
Cyberattacks cost the U.S. economy upwards of $109 billion in 2016, with activity coming from inside the country as well as outside....
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2.2KB2B PaymentsWidespread Corporate Hacking Lands Two Russians In Prison
Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., Bloomberg...
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3.1KSecurity & Fraud81 Percent Of Senior Execs Lack Confidence In Their Cybersecurity
A new survey shows that cybersecurity is the biggest worry for companies, especially since few of them feel prepared to handle an...
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7.2KSecurity & FraudSenators Raise IP Concerns Over Chinese Access
Telecommunications firms and joint ventures are serving as conduits for China to gain insight and access to intellectual property and sensitive U.S....
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3.2KSecurity & Fraud
Russian Banks Hacked For $17 Million In 2017
Russian banks are reporting that 2017 was a rough year for cyberattacks; rough and expensive, according to news from Reuters. Russian bank officials...
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5.5KSecurity & FraudInvestors Caught In Two Crypto ‘Exit Scams’
Following an announcement from an Italian cryptocurrency exchange that $200 million worth of virtual currency was stolen from its servers, investors and...
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2.1KSecurity & FraudUber Hackers Hailed From Canada And Florida
The hackers behind the 2016 data breach of rideshare startup firm Uber were located in Canada and Florida, according to Reuters reports...
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1.7KSecurity & FraudBusiness Wire Suffered Week-Long Hack
Business Wire has revealed it was the victim of an almost week-long cyberattack. According to Reuters, the corporate news release distributor, which...
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3.0KFraud AttackMalware Attack On National Stores Inc. Exposed Payment Data
Following a malware attack that allowed “unauthorized parties” to access customer credit card information, off-price retailer National Stores is seeking to prevent...
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6.9KSecurity & FraudHackers Turn Selfies Into Spy Cams
Hackers in Lebanon have been able to use smartphones to spy on and steal data from Android phone users in at least...
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3.3KSecurity & FraudOnePlus Users’ Credit Card Info Hacked
Hackers may have infiltrated the consumer website of OnePlus, the Chinese smartphone maker, stealing customers’ credit card information. According to a report...
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4.3KBitcoinKidnappers Get $1M In Bitcoin For Release Of Crypto Exec
A cryptocurrency executive who was kidnapped by an armed gang near his office in Kiev earlier this week was freed on Thursday...
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3.4KSecurity & FraudHackers Targeted Russian Bank Globex’s SWIFT System
Russian bank Globex revealed that hackers attempted to steal 55 million rubles ($940,000) using the SWIFT international payments messaging system, in the...
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3.1KInternational
North Korea’s Fingerprints On Youbit Bitcoin Heist
South Korean investigators are looking into whether North Korea was involved in a cyberattack that brought down a bitcoin exchange, Youbit, in...
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6.2KSecurity & FraudUber Says Hackers Never Got Credit Card, SSN Info
Uber said there is no evidence that hackers accessed user credit card, bank account or Social Security numbers during a data breach that occurred...
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4.0KSecurity & FraudHackers Behind Mirai Botnet Plead Guilty
Three computer hackers behind the Mirai botnet, which kicked websites offline last year in cyberattacks, have pleaded guilty to cybercrime. Citing court...
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4.4KSecurity & Fraud
New AIG Cybersecurity Model Scores, Benchmarks Company Risk
American International Group (AIG) announced on Tuesday (Dec. 12) a new cyber benchmarking model that quantifies and scores the cyber risk of...
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3.9KData DiveData Dive Christmas Carol Edition: Bills, Bitcoin And Banks
Everyone knows the Charles Dickens classic, “A Christmas Carol.” Scrooge the miser is visited by the three Ghosts of Christmas – Past, Present...
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3.1KSecurity & FraudNY Fed Ponders Legal Action Over $81M Bangladeshi Heist
In what may be a legal salvo over a monumental bank heist perpetrated by cyber thieves, the central bank of Bangladesh has...
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4.3KSecurity & Fraud
NiceHash Hack Exceeds $64M In Bitcoin
A cryptocurrency mining market in Slovenia, which lost millions in bitcoin in a Wednesday (Dec. 6) cyberattack, is now claiming the hack...
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3.3KSecurity & FraudSuspected Botnet Crime Ring Boss Arrested
A cybercriminal described as the administrator of the Andromeda network has been arrested in a joint operation involving Belarus, Germany and the United...
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2.6KB2B PaymentsRussian Hacker Hit With Nine-Year Jail Sentence For Targeting UK Companies
A Russian hacker who was able to steal more than $2.7 million from businesses in the U.K. has been sentenced to nine...
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4.6KB2B PaymentsIgnorance Of Cyber Threat Creates Conundrum For Small Business Data Security
McAfee Labs recently published its 2018 Threats Predictions report, and after a year of high-profile cyberattacks and data breaches, analysts say the...
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6.2KBankingBanks Prepare For Apocalyptic Cyberattack
In a world where attacks on computers are nearly de rigueur at this point, it isn’t much of a surprise that U.S....
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2.0KSecurity & FraudGlobal Shipper Hacked, Data On Shipments Likely Exposed
Clarksons, the U.K. shipping service provider, disclosed news on Wednesday (Nov. 29) that its computer systems were hit by a data breach. In...
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6.2KBankingEU Tightens Online, Offline Shopping Security Standards
The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and...
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2.8KSecurity & FraudChinese Hackers Behind Moody’s Cyberattack
Three individuals connected to a Chinese cybersecurity company have reportedly hacked automation company Siemens, software processing firm Trimble and bond credit rating...
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2.7KRidesharingRegulators Want Answers From Uber Over Hidden Hack
Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers,...
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2.9KSecurity & FraudThe Life And Times Of A Most-Wanted Fraudster
Account takeover fraud, card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are...
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3.5KSecurity & FraudUber Hacked A Year Ago, 57M People Compromised
Uber has been hit with another scandal: This time, it’s the revelation that hackers stole the personal data of 57 million customers...
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5.1KToday In DataToday In Data: B2B VC, Eavesdropper And Amazon Theft Prevention
Technology advancements mean two things: innovative solutions that aim to make consumers’ lives easier and a handful of cybercriminals who want to...
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3.1KSecurity & FraudLatest Victim Of The SWIFT Attacks? A Nepalese Bank
Another bank has been hit in the string of cyberattacks that have been targeting the global SWIFT bank messaging system. The latest...
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4.2KB2B PaymentsIT Security Professionals Less Confident In Addressing Targeted Cyberattacks
With the cybersecurity threat constantly looming and, in many instances, growing for corporations, a new report from Kaspersky Lab suggests businesses shouldn’t...
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6.2KFraud PreventionBusiness, Customers Not On Same Page With Securing Personal Data
Centrify, an identity and assessment management (IAM) solution company, revealed on Monday (Nov. 6) the results of a survey that show businesses...
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5.6KFaster PaymentsPutting FIs Through Cybersecurity Drills To Prepare For The Next Big One
Recent cyberattacks and breaches raise an important question for U.S. companies and FIs: How to prepare for the inevitable next one? In...
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5.2KFaster PaymentsTRENDING: Putting IT Professionals Through Cyberattack Boot Camp
The recent Equifax data breach and a string of ransomware attacks in Europe have raised several questions around cybersecurity. And, arguably, one...
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3.9KSecurity & FraudWhat We Can Learn From The KRACK WiFi Loophole
Only you can prevent forest fires. And, as the KRACK WiFi vulnerability perhaps demonstrated, only you can prevent hackers from worming their...
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4.9KRetailThings That Go Bump In The Payments Night
Halloween is now just three days away. The prepared have already purchased the best costumes and the candy favorites coveted by trick or treaters. Americans have spent...
