Sections
DDoS
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3.1KSecurity & 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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4.2KSecurity & 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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5.7KRegulationWePay’s Aberman On Why Compliance Capability Is Better Bought Than Built
Sending a payment looks easy from the front end — so easy, in fact, that it can be hard to believe how complicated...
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4.2KSecurity & FraudDeep 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...
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3.0KSecurity & 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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4.2KSecurity & 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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3.1KSmarter PaymentsDeep Dive: The Growing Threat Of DDoS Attacks
DDoS attacks are among the most serious cyberthreats. During these events, multiple compromised computer systems launch attacks on one or several parts...
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7.0KSmarter PaymentsTRENDING: The Long-Tail Of Account Takeovers
In the quest to make payments smarter, speeding up transaction times isn’t always enough. Payments must also be made safe from fraud...
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4.2KSafety 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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3.6KSecurity & FraudKaspersky Lab Sees Rise In Botnet Activity
Kaspersky Lab saw an increase in activity by both old and new botnets as well an increase in popularity of amplification distributed-denial-of-service (DDoS)...
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5.1KSecurity & FraudCyberattacker Shut Down In Global Police Action
Authorities shuttered one of the largest cyberattack organizations in the world yesterday, making arrests in four countries and seizing assets and infrastructure...
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7.2KSecurity & FraudDDoS Attacks With Cryptocurrency Demands Increasing
Distributed denial of service attacks, otherwise known as DDoS, have now added a cryptocurrency mining twist to the scam, requiring victims to...
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5.4KSecurity & 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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3.0KPartnerships / AcquisitionsOracle Boosts Firewall Security With Zenedge Acquisition
Oracle announced that it is in the process of acquiring Zenedge, a leader in cloud-based DDoS mitigation, WAF, API protection and bot...
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2.6KSecurity & 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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4.7KSecurity & FraudAlleged UK Bank Hacker Extradited From Germany
U.K. officials have extradited the man who allegedly masterminded a cyberattack earlier this year that impacted two of England’s biggest banks. They...
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3.8KSecurity & FraudTech, Security Firms Join Forces To Take Down WireX
A group of technology and security companies joined forces despite being competitors to take down WireX, a new cybercrime machine that was...
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7.0KSecurity & FraudBotnets For Breakfast, Election Hacks For Snacks
Conspiracy theorists who think someone tampered with the 2016 U.S. election may actually have a case. The level of security on U.S....
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7.8KSecurity & FraudIn A Ransom DDoS Attack, It Doesn’t Pay To Pay
Cyberattacks have become so common that criminals don’t even have to launch one in order to get victims to pay up; all...
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4.2KSecurity & FraudA Spam Botnet Is Being Used To Promote Adult Dating Sites
A spam botnet that has been used for promoting adult dating sites is being researched by cybersecurity website KrebsOnSecurity.com but has hit...
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3.7KSecurity & FraudRansomware, Cyberespionage On The Rise Finds Verizon
Ransomware incidents have risen 50 percent over the last year according to Verizon, who just recently released the 2017 edition of their...
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1.9KSecurity & FraudHacker Is Able To Create Worm To Sniff Out, Infect IoT Devices
A hacker that goes by the name The Janitor has reportedly created several versions of BrickerBot, a program that seeks out and...
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6.4KSecurity & FraudHacker Tracker: New Threats And Old Classics
Cybercriminals certainly had a habit of churning out headline-worthy attacks in 2016 — from the Mirai botnet’s infamous distributed-denial-of-service attacks on domain directory...
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5.4KSecurity & FraudHacker Tracker: Kaspersky Labs Runs The DDoS Attack Numbers
One of the main drivers in the popularity of distributed denial-of-service (DDoS) attacks among cybercriminals is the favorable cost-profit ratio. Companies that...
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3.9KSecurity & FraudGamified Hacking Site Promises Prizes And Points For DDoS Attacks
Well, one has to hand it to the world’s cybercriminals — they never fail to impress with their inventiveness. Reports are emerging about...
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2.9KSecurity & FraudNon-State Actors May Have Caused Massive Cyberattack
The investigations into last week’s massive distributed denial-of-service (DDoS) attack — which took down major sites, like Spotify, Amazon, Netflix, Twitter and GitHub...
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Security & Fraud
DDoS Hackers, Why They Do It
On Friday (Oct. 21), many of us were faced with frustration and then concern when we were unable to access or utilize...
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Bitcoin
Banks Banking Bitcoin To Ward Off Hackers
After the recent DDoS attack, London’s largest banks say they’re planning to build up an inventory of bitcoin to negotiate and pay...
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3.1KSecurity & FraudAre Hacked Cameras Key To Massive Cyberattacks?
Record-breaking digital attacks from the same unnamed individual or group have recently taken down a host of online sites. According to Forbes,...
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5.7KSecurity & Fraud
Bitcoin Wallet Hit With DDoS Attack
BitGo, the online platform that has said it is among the most secure bitcoin wallets, was hit Saturday (June 4) with a...
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6.8KSecurity & Fraud
Anonymous Hacks Greek Central Bank, Eyes Other Victims
Not only did hacktivist group Anonymous take credit for launching a cyberattack against Greece’s central bank, but they also warned that more...
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Security & Fraud
Iran Denies US Cyberattack Accusations
After the Department of Justice brought charges against seven Iranians for allegedly launching nation state-sponsored cyberattacks on U.S. entities, Iran is coming...
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9.3KSecurity & FraudDOJ Indicts Iranians For Cyberattacks On Banks
Seven Iranians who were employed by Islamic Revolutionary Guard Corps-affiliated entities were indicted on charges of computer hacking related to numerous coordinated...
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6.3KSecurity & FraudHSBC Hit By Cyberattack
HSBC customers are experiencing yet another outage, but this time it’s due to a cyberattack. The bank, which has experienced recent outages...
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2.0KNewsProtonMail Crowdfunds Cyber Defense Against DDoS Attack
Swiss encrypted email provider ProtonMail has been held hostage by continued distributed denial of service attacks (DDoS) since last week, but the...
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International
Hackers Knock Swedish Bank Offline
In what could be the result of a distributed denial-of-service (DDoS) attack, the Swedish website of Swedbank was brought down early Friday...
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2.6KNewsFinancial Watchdogs Warn Of Hacker Extortion
After noticing an increased “frequency and severity” in the number of hackers attempting to extort financial institutions, U.S. financial regulators have put...
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News
Banking Industry Gets Blackmailed For Bitcoin
The concept of bitcoin ransom —a criminal trend described as the “modern day version of a mob shakedown” — is hardly new, but an...
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2.1KControversial
Big Bank Shakedowns On The Rise
Hackers are now resorting to extortion and threats of cyberattacks in order to get financial companies to pay up, and in some...
