Breach, Law Enforcement and Ransomware

Hacker Tracker: U.S. Most Willing To Pay On Ransomware

PYMNTS

APRIL 28, 2017

was the number one target for ransomware last year. To start, ransomware threats escalated globally through 2016 in size, number and kind. Likewise, they registered a 36 percent increase in ransomware attacks globally in the same period. It’s no surprise, then, that the written amount of ransomware has gone up and that the U.S.

Ransomware

Ransomware End User Crime Authentication

AI is a Cause for Celebration But Also a Growing Fear for Firms as They Deal With Data Breaches

The Fintech Times

JULY 30, 2024

The cost of data breaches has been on a steady incline for the past decade. However, evidence from IBM , a multinational tech firm, suggests that in the next 10 years, breaches could cost a lot more as we just experienced the highest year-on-year jump in cyber attacks (10 per cent).

Data Breach

Data Breach Breach AI Law Enforcement

USD $2.2 Billion Stolen Despite Decline In Global Crypto Crime

Fintech News

FEBRUARY 10, 2025

From high-profile ransomware attacks and terrorist financing to scams that wiped out millions in savings, global crypto crime has become an urgent concern. In 2024, law enforcement traced a series of cryptocurrency transactions to local hawala networks, which facilitated money transfers between terrorist cells.

Crime

Crime Ransomware Scams Phishing

Webinars

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

MORE WEBINARS

US Ransomware Incidents Skyrocket Because Businesses Pay

PYMNTS

APRIL 27, 2017

was the number one target for ransomware last year. To start, ransomware threats escalated globally through 2016 in size, number and kind. Likewise, they registered a 36 percent increase in ransomware attacks globally in the same period. It’s no surprise, then, that the written amount of ransomware has gone up and that the U.S.

Ransomware

Ransomware End User Crime Law Enforcement

Even Golfers Aren’t Safe From Ransomware

PYMNTS

AUGUST 10, 2018

The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. The ransomware caused Atlanta’s courthouse documents, and services like payment processing, to become inaccessible. However, not everyone agrees.

Ransomware

Ransomware Law Enforcement Encryption FBI

Cybersecurity Researchers To Corporates: You’re Being Naïve

PYMNTS

DECEMBER 22, 2016

In a data roundup by the publication of the latest analysis of corporate cybersecurity, researchers identified where a security breach is most likely to occur. Meanwhile, 20 percent cited a lost device for the cause of a breach. All of this data has flowed in as IBM Security reports another reason to be concerned about U.S.

Cybersecurity

Cybersecurity Research Phishing Breach

How To Prevent Data Breaches: 15 Best Practices

EBizCharge

OCTOBER 25, 2023

Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report , the global average cost of data breaches was $4.45 What are data breaches?

Data Breach

Data Breach Best Practices Breach Phishing

College Pays Off Hackers With $28K In Bitcoin

PYMNTS

JANUARY 17, 2017

In late December, Los Angeles Valley College found itself to be the latest victim of a ransomware attack — when malicious software is used by to block access to files until demands are met. In consultation with district and college leadership, outside cybersecurity experts and law enforcement, a payment of $28,000 was made by the district.

Bitcoin

Bitcoin Ransomware Law Enforcement Cybersecurity

How Cybercriminals Exploit Human Nature

PYMNTS

APRIL 29, 2016

According to the results of Verizon’s 2016 Data Breach Investigations Report , released on Wednesday (April 27), cybercriminals have become quite adept at using their victims’ human nature against them in order to get what they want.

Phishing

Phishing Data Breach Law Enforcement Ransomware

NEW REPORT: Turning To New Identity Solutions To Protect Against Threats

PYMNTS

MAY 23, 2017

And as law-enforcement tries to stay a step ahead of bad actors, it comes as no surprise that airports around the globe are investing in new biometric technology to authenticate and identify travelers before they board planes or pass through customs — and digital identity providers are looking to cater to this growing demand.

Authentication

Authentication Ransomware Credential Law Enforcement

Uncovering The Cyberattacker, Not Just The Cyberattack

PYMNTS

AUGUST 9, 2018

billion a year and ransomware results in $1 billion in criminal earnings. One data breach is remedied, another is discovered. That is, not only identify cyberattacks and data breaches, but uncover the attackers behind those crimes, too. Knowing your enemy is not just an asset to law enforcement, however.

Law Enforcement

Law Enforcement Data Breach Cybersecurity Breach

Blank Checks And PO Manipulation Cost Businesses Millions

PYMNTS

NOVEMBER 4, 2019

70 percent of data breaches in Canada involve a small business , the latest research from the Electronic Transactions Association (ETA) recently revealed. 41,000: the average payout of a ransomware attack , new data from Coverware revealed. 777 million was stolen from U.K.

Checks

Checks Scams Law Enforcement Ransomware

WannaCry Hero Says He Didn’t Hack People’s Bank Data

PYMNTS

AUGUST 15, 2017

This is a dramatic turn of events for the young hacker, who was briefly a hero after discovering the kill switch for the global ransomware attack “WannaCry” in May. Relationships between cyber researchers (“ethical hackers”) and law enforcement are already tense, they say, and this cybercrime news can only make it worse.

Law Enforcement

Law Enforcement Cybersecurity FBI Ransomware

It’s Only ‘Hacking’ When Bad Guys Do It

PYMNTS

JULY 28, 2017

BKK apparently pays about $1 million per year for T-Systems to maintain its IT infrastructure, which was so easily compromised by a data breach. Neither the BKK nor T-Systems took any responsibility for the bugs, claiming that there was nothing wrong with the system and that all holes in the software had been patched. In other news….

Cybersecurity

Cybersecurity Data Breach Law Enforcement Breach

Kaspersky Warns of Rising Threat from Crypto-Draining Malware

Fintech News

DECEMBER 19, 2024

The report also highlights a 40% increase in corporate database advertisements on a prominent dark web forum, signaling a rising cybercriminal focus on data breaches. Ransomware groups may fragment into smaller, more agile units, making them harder to track and counter. The number of dark web posts selling and buying databases.

Ransomware

Ransomware Data Breach Database Law Enforcement

Amid Corporate Fraud Risks, Execs Blunting Email, Supply Chain Attacks

PYMNTS

JULY 13, 2018

Amid all the headlines detailing the successful data breaches, and vulnerabilities of companies across any number of verticals, we don’t hear much about the successful efforts … to blunt those attacks. As pertains to supply chain risk, 49 percent said they’d prevented attacks there. million over the last 12 months.

Risk

Risk Phishing Federal Trade Commission Debit Card

Payments Space

Hacker Tracker: U.S. Most Willing To Pay On Ransomware

AI is a Cause for Celebration But Also a Growing Fear for Firms as They Deal With Data Breaches

USD $2.2 Billion Stolen Despite Decline In Global Crypto Crime

Webinars

US Ransomware Incidents Skyrocket Because Businesses Pay

Even Golfers Aren’t Safe From Ransomware

Cybersecurity Researchers To Corporates: You’re Being Naïve

How To Prevent Data Breaches: 15 Best Practices

College Pays Off Hackers With $28K In Bitcoin

How Cybercriminals Exploit Human Nature

NEW REPORT: Turning To New Identity Solutions To Protect Against Threats

Uncovering The Cyberattacker, Not Just The Cyberattack

Blank Checks And PO Manipulation Cost Businesses Millions

WannaCry Hero Says He Didn’t Hack People’s Bank Data

It’s Only ‘Hacking’ When Bad Guys Do It

Kaspersky Warns of Rising Threat from Crypto-Draining Malware

Amid Corporate Fraud Risks, Execs Blunting Email, Supply Chain Attacks

Stay Connected