ransomware

The Troubling Ripple Effects Of The Travelex FX Hack

The Troubling Ripple Effects Of The Travelex FX Hack
The Troubling Ripple Effects Of The Travelex FX Hack
January 10, 2020  |  Security & Fraud

It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters...

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. Get...

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Travelex Attack Forces UK Banks To Halt Foreign Currency Service
Travelex Attack Forces UK Banks To Halt Foreign Currency Service
January 09, 2020  |  Security & Fraud

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a...

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Travelex Foresees No Financial Impact From Ransomware Attack
Travelex Foresees No Financial Impact From Ransomware Attack
January 08, 2020  |  Security & Fraud

Travelex, a foreign exchange and payments company, was thrown into chaos around New Year’s after a ransomware attack locked up its systems, forcing employees to...

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Holiday Season Brings Corporate Payments Fraud Spike
Holiday Season Brings Corporate Payments Fraud Spike
December 16, 2019  |  B2B Payments

’Tis the season for corporate fraud? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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New Orleans City Services Hit With Cyberattacks
New Orleans City Services Hit With Cyberattacks
December 13, 2019  |  Security & Fraud

Louisiana’s biggest city, New Orleans, home to one of the country’s biggest ports, has been hit with a series of cyberattacks that have been spreading...

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Blank Checks And PO Manipulation Cost Businesses Millions
Blank Checks And PO Manipulation Cost Businesses Millions
November 04, 2019  |  B2B Payments

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation,...

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Johannesburg City Council Hit With Ransomware Attack
Johannesburg City Council Hit With Ransomware Attack
October 25, 2019  |  Security & Fraud

The city council of Johannesburg, the largest city in South Africa, was hit with a ransomware attack on Friday (Oct. 25) that affected its website,...

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Real-Time Data Takes On Magnitude Of Supply Chain Risks
Real-Time Data Takes On Magnitude Of Supply Chain Risks
October 16, 2019  |  B2B Payments

When Pitney Bowes, a major logistics service provider, revealed that it had fallen victim to a ransomware attack, it was only the latest case revealing...

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