Financial firms operating in New York are facing tighter security standards. A high percentage of them are facing challenges in the scramble towards compliance, per Richard Hudson, vice president of cybersecurity at Cordium, with significant implications for enterprises and business-related payments.
October 25, 2023
Ransomware attacks have surged this year, despite efforts to curb them. As a result, experts are now reconsidering the idea of banning ransom payments altogether, Bloomberg reported Wednesday (Oct. 25). Ransomware payments have reached nearly $500 million through September, marking a 50% increase compared to the same period last year, according to the report, which cited data […]
