Online food delivery marketplace Grubhub said Monday (Feb. 3) that it recently identified an incident involving a third-party contractor in which there was unauthorized access to certain user contact information. “We took immediate action to contain the situation and have worked with leading forensic experts...
Treasury Department workstations were breached by China-backed hackers who then stole unclassified documents, according to multiple media reports posted Monday (Dec. 30). The incident happened this month and was disclosed to lawmakers by the Treasury Department, Reuters reported Monday. The hackers gained access to the...
The cornerstones of modern businesses are under attack. With the news Monday (Dec. 9) that cybercriminals, alleged to be from the ransomware group Termite, are exploiting a security flaw that affects Cleo’s LexiCom, VLTransfer and Harmony enterprise file transfer tools, securing critical business infrastructure that...
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned a China-based cybersecurity company and one of its employees, saying they played a role in an April 2020 compromise of about 81,000 firewalls owned by thousands of businesses worldwide. The sanctioned parties...
April 18, 2024
Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.” Data breaches and mail theft have resulted in a record level of available compromised identity information, payment information, login information and even stolen checks. It has been said that “At […]
April 16, 2024
The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left...
February 25, 2024
Last week’s data breach of United Health Group’s (UHG) prescription provider comes at a critical time in the digital transformation of connected healthcare. Just as evidence shows clinicians are seeing...
August 23, 2023
Generative artificial intelligence (AI) is making everything easier, including scams. Bloomberg reports that the world’s banking industry is “scrambling” to contain the risk of AI-generated criminal attacks. And insiders have repeatedly told PYMNTS...
February 26, 2025
Cryptocurrency exchange Bybit has awarded a collective bounty of $4.2 million to five bounty hunters that have helped trace and freeze funds that were stolen from the exchange in a hack. Bybit is offering a total bounty of $140 million, which is equal to 10% of the $1.4 billion that was taken in the hack, […]
February 04, 2025
Online food delivery marketplace Grubhub said Monday (Feb. 3) that it recently identified an incident involving a third-party contractor in which there was unauthorized access to certain user contact information....
December 30, 2024
Treasury Department workstations were breached by China-backed hackers who then stole unclassified documents, according to multiple media reports posted Monday (Dec. 30). The incident happened this month and was disclosed...
December 10, 2024
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned a China-based cybersecurity company and one of its employees, saying they played a role in an April...
