Cybersecurity

Computer security, cybersecurity or information technology security is the protection of computer systems from the theft of or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Source: en.wikipedia.org

Ransomware Reaches Beyond Money With More Sinister Goals
Ransomware Reaches Beyond Money With More Sinister Goals
February 11, 2022  |  Cybersecurity

Ransomware activity related to cryptocurrency is most often associated with the release of malware that encrypts a victim’s information — usually a major corporation —...

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Voting Power Struggles Plague DeFi’s Efforts to Gain Broader Acceptance
Voting Power Struggles Plague DeFi’s Efforts to Gain Broader Acceptance
February 10, 2022  |  Blockchain

Last Thursday, the billionaire founder of the Tron DApp platform borrowed $13 million worth of COMP, the governance token that gives owners a vote on...

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Study: 50% of Financial Firms Unsure About Data Security
Study: 50% of Financial Firms Unsure About Data Security
February 09, 2022  |  Cybersecurity

The security of backed-up and stored data is among the chief concerns of financial firms around the country, according to a recent survey of 200...

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Catfish Casanovas Prey on More Romance Scam Victims
Catfish Casanovas Prey on More Romance Scam Victims
February 09, 2022  |  Fraud Attack

Online romance scams happen all year round, but with Valentine’s Day less than a week away, even the smartest people looking for love could get...

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PYMNTS Crypto Crime Series: Bitfinex Using $3.6B Seized in Hacking Arrests to Cover Shadow Banking Losses
PYMNTS Crypto Crime Series: Bitfinex Using $3.6B Seized in Hacking Arrests to Cover Shadow Banking...
February 09, 2022  |  Cryptocurrency

The timing of the arrests of Ilya Lichtenstein and Heather Morgan on charges that they stole $4.5 billion in bitcoin from cryptocurrency exchange Bitfinex in...

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Regulators Warn Banks to Prepare for a Russian Cyberattack 
Regulators Warn Banks to Prepare for a Russian Cyberattack 
February 09, 2022  |  Cybersecurity

As tension on the ground between Russia and the Ukraine intensifies, the European Central Bank (ECB) has warned financial institutions (FIs) of a possible Soviet...

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Remote Finance Teams Expose B2B Payments Fraud Vulnerabilities
Remote Finance Teams Expose B2B Payments Fraud Vulnerabilities
February 09, 2022  |  B2B Payments

It may seem that the pandemic has spurred new waves of fraudulent activity and more creative ways to lure unwitting victims into parting with sensitive...

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Microsoft in Talks With Cybersecurity Firm Mandiant
Microsoft in Talks With Cybersecurity Firm Mandiant
February 08, 2022  |  Cybersecurity

Microsoft is in talks to buy Mandiant, a cybersecurity research and incident response firm, which would boost its efforts to protect users from hacks, Bloomberg...

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Meta Files Lawsuit Over Financial Services Phishing Scam
Meta Files Lawsuit Over Financial Services Phishing Scam
February 08, 2022  |  Meta

Meta has teamed with a financial services company to file a joint lawsuit against two Nigerian individuals for engaging in fraudulent activity, according to a...

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