PYMNTS

OCTOBER 19, 2020

To make sure that the malicious code is executed from Cmmlib.dll, the malware's author copied the real export list of that legitimate DLL but made sure to modify it and have all the functions direct to the same address — the malicious code's address space," IBM security researchers Chen Nahman, Ofir Ozer, and Limor Kessem told ZDNet. "At

Ransomware

PYMNTS

FEBRUARY 12, 2020

And in that top three, the FBI noted, BEC (sometimes called EAC, or email account compromise) was the absolute leader in generating losses, representing about $1.77 BEC is commonly referred to as CEO fraud, because it relies on the exploitation of authority figures and the sense of urgency that loyal subordinates have for the boss.

Business Email Compromise

PYMNTS

JUNE 22, 2020

A cyberattack from Maze ransomware against global business and tech firm Cognizant mostly hit the company’s corporate cards that had been issued to employees, the company told authorities, according to The Times of India. Also, the FBI has been called to assist with finding out the perpetrator.

Identity Theft

Fintech Finance

OCTOBER 24, 2024

Government impersonation scams: Consumers are falling victim to scams where fraudsters pose as representatives from the government, including agencies like the USPS, the FBI and the IRS. Ransomware: More sophisticated ransomware attacks are affecting more companies and individuals.

Scams

PYMNTS

AUGUST 18, 2016

IT security company Check Point released its in-depth research on the growing threat of Ransomware-as-a-Service (RaaS). It’s estimated that ransomware authors earn $946,000 annually. The remaining money was split amongst other affiliates. In the “2015 Internet Crime Report,” Randall C.

Ransomware

PYMNTS

OCTOBER 9, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. FBI Director Christopher Wray added that his agents have observed the dangers of cryptocurrency’s criminal usage firsthand, noting that a promising technology has sometimes been used to conduct illicit activities. “We

Cryptocurrency

PYMNTS

JANUARY 13, 2020

The ransomware gang Sodinokibi was blamed for demanding $6m (£4.6m) in exchange for customer data. Travelex said it will continue to communicate with partners about restarting services and “provide a roadmap” for authorities. The incident is being investigated by the FBI and the New York State Cyber Command. .

Ransomware