ransomware

Increasing Ransomware Incidents Highlight Critical Role of Advanced Tech in Fighting Fraud

Increasing Ransomware Incidents Highlight Critical Role of Advanced Tech in Fighting Fraud
Increasing Ransomware Incidents Highlight Critical Role of Advanced Tech in Fighting Fraud
February 08, 2024  |  Security & Fraud

Ransomware payments surpassed $1 billion in 2023, marking a record peak following a decrease in 2022, according to the latest chapter of Chainalysis’ 2024 Crypto...

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Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024  |  Security & Fraud

The fraudsters grow ever-wilier, the attacks more brazen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Simple Hacking Techniques Prove Successful in 2023 Cyberattacks
Simple Hacking Techniques Prove Successful in 2023 Cyberattacks
December 27, 2023  |  Cybersecurity

Cybercriminals have shown over the past year that sophisticated technology is not always necessary to carry out successful cyberattacks. Get the Full Story Complete the...

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Hackers Claim ICBC Paid to End Ransomware Attack
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023  |  Security & Fraud

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. Get the Full Story Complete the...

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Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
November 10, 2023  |  Fraud Attack

The U.S. subsidiary of Industrial and Commercial Bank of China (ICBC) reportedly disconnected itself from an electronic settlement platform for U.S. Treasury securities operated by...

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Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023  |  Security & Fraud

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. Get the Full Story Complete the form to unlock this article...

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Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
October 25, 2023  |  Cybersecurity

Ransomware attacks have surged this year, despite efforts to curb them. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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FTC: Cross-Border Fraud Cost Consumers $5.2 Billion 
FTC: Cross-Border Fraud Cost Consumers $5.2 Billion 
October 20, 2023  |  Fraud Attack

A new report by the Federal Trade Commission (FTC) shows the extent of the problem of cross-border fraud. Get the Full Story Complete the form...

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US Government Urges Global Effort to Combat Ransomware Attacks
US Government Urges Global Effort to Combat Ransomware Attacks
October 16, 2023  |  Cybersecurity

The U.S. government is taking a stand against the growing threat of ransomware attacks by urging other countries to commit to not making ransom payments...

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