VISTA InfoSec

JUNE 19, 2024

Despite these benefits, video communication has security risks, including the following: Phishing Attacks These attacks often manifest as seemingly legitimate emails, messages, or links, leading unsuspecting users to fraudulent websites. Choose platforms that provide regular security updates and patches to address emerging vulnerabilities.

Risk 277

Risk Ransomware Phishing MFA 277

PYMNTS

MARCH 20, 2020

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home, according to a report by KrebsonSecurity. We wish to inform our valued customers that we are investigating a potential security breach. At 3:00 a.m.

Ransomware 110

Ransomware FinTech Breach Cybersecurity 110

TechCrunch Fintech

JULY 9, 2024

million people was accessed during LockBit's ransomware attack. Evolve has confirmed that the personal data of at least 7.6 © 2024 TechCrunch. All rights reserved. For personal use only.

Ransomware 139

Ransomware Data Breach Breach Cybersecurity 139

Fintech News

JUNE 10, 2024

The Cyber Security Agency of Singapore (CSA), the Singapore Police Force (SPF) , and the Personal Data Protection Commission (PDPC) have issued a warning to organisations about the Akira ransomware variant, which has been targeting businesses across various sectors. Employee education plays a critical role in cybersecurity.

Ransomware 107

Ransomware Authorization Phishing Cybersecurity 107

VISTA InfoSec

SEPTEMBER 5, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

Security 130

Security Phishing Ransomware Risk Assessment 130

VISTA InfoSec

OCTOBER 21, 2024

Small and medium enterprises (SMEs) are especially vulnerable to these attacks due to limited resources and a lack of cyber security expertise. Understanding the significance of cyber security is crucial for protecting sensitive data and ensuring business continuity. What are the most common cyber security threats for SMEs?

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

DECEMBER 26, 2018

According to one security expert, the answer is, unfortunately, yes. companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” Ackerman also warned that another wave of ransomware is expected to hit in 2019.

Ransomware 77

Ransomware Cybersecurity Breach Data Breach 77

Payments Source

JUNE 1, 2018

Many of these attacks have been server side ransomware and other sophisticated hacks, leading companies to examine the immature security processes and technology of application security and the insufficient expertise of development, writes Jeannie Warner, the security manager at WhiteHat Security.

Ransomware 76

Ransomware Security Breach Process 76

PYMNTS

AUGUST 12, 2019

Cyber insurance claims are spiking as a new type of ransomware targets companies across the U.S. Cyber insurance security responder Tom Bennett of CFC Underwriting told the FT that claims surged in June and July. Cyber insurance security responder Tom Bennett of CFC Underwriting told the FT that claims surged in June and July.

Ransomware 72

Ransomware Data Breach On-Demand Service Provider 72

PYMNTS

JULY 19, 2020

France-based telecom company Orange reported that a ransomware attack had compromised the data of 20 enterprise customers on one of its servers, according to news site teiss. On July 4, hackers announced they’d used Nefilim Ransomware to access the Orange server, gaining data on the company’s Orange Business Solutions division.

Ransomware 60

Ransomware Phishing Encryption Data Breach 60

Fintech News

DECEMBER 14, 2023

Or what are the biggest threats or security gaps causing IT and security teams to lose sleep at night? Triple extortion ransomware? Or a new security flaw in some omnipresent software? Cyber security hygiene is no different. Even more so if you’re in a high strung IT/security job. Trust but verify. #3

Security 113

Security Breach Rules Ransomware 113

VISTA InfoSec

JULY 31, 2023

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). The QSA will review the business’s security measures and access controls, and provide a report on their findings.

PCI DSS 130

PCI DSS Security Encryption Risk Assessment 130

VISTA InfoSec

AUGUST 8, 2023

Your business is at high risk if you have no security measures. Cyberattacks can result in lasting adverse repercussions on the reputation of your network security, as clients and customers can lose faith in your business if their personal data gets leaked. They can include computer viruses and ransomware kinds of attacks.

Small Business 130

Small Business Encryption Ransomware Cybersecurity 130

Payments Dive

JULY 1, 2019

Download this infographic from TNS which looks at the results of a series of recent industry studies which highlight the latest data breach trends. It uncovers the top 5 types of breach incidents, which assets and data criminals are targeting and the number of organizations who have been affected.

Data Breach 68

Data Breach Breach Phishing Ransomware 68

VISTA InfoSec

JUNE 7, 2024

As flexible working arrangements become increasingly common across every industry, companies need secure, dependable ways to grant remote employees online access to company data, services, and applications. As businesses become more digital, their vulnerability to cybersecurity threats like data breaches and ransomware attacks also rises.

Micro-Entry 162

Micro-Entry Data Breach Breach Cybersecurity 162

Fintech News

MAY 1, 2025

Data from Verizon Businesss 2025 Data Breach Investigations Report reveal that system intrusion has risen considerably over the past four years, escalating to become the dominant threat pattern across APAC. In 2024, these attacks accounted for 20% of breaches in APAC, marking a 49-point decline from 69% back in 2020.

APACS 78

APACS Data Breach Breach Ransomware 78

The Fintech Times

DECEMBER 18, 2023

They predict that social engineering attacks will surpass ransomware in 2024 due to increased sophistication, AI tools and emerging techniques, leading organisations to bolster cybersecurity defences with AI, scenario testing and multi-factor authentication. Governments worldwide have stepped up pursuit and punishment of ransomware gangs.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

The Fintech Times

FEBRUARY 5, 2024

Despite many organisations putting forward a defensive stance that they will never pay out a ransomware attack, research from Cohesity , the AI-powered data and security firm, has revealed that over 97 per cent of UK firms have paid a ransom in the last two years.

Ransomware 115

Ransomware Data Security Data Breach Breach 115

PYMNTS

OCTOBER 29, 2020

A ransomware attack has infiltrated the healthcare system and affected five hospitals, the Associated Press (AP) reported. According to the alert, “malicious cyber actors” are targeting the sector with Trickbot malware, which is typically a precursor to ransomware attacks and data theft. hospitals and healthcare providers.”.

Ransomware 56

Ransomware FBI Cybersecurity Credential 56

Payments Source

JULY 7, 2016

It seems we cannot go a week without news of a malware attack of some kind, be it ransomware, stolen credit card information or other security breaches. The increasing trend is that not only are organizations and enterprises affected, but also regular consumers.

Breach 61

Breach Ransomware Authentication Credit Cards 61

PYMNTS

APRIL 28, 2017

was the number one target for ransomware last year. This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. To start, ransomware threats escalated globally through 2016 in size, number and kind. In the U.S.,

Ransomware 62

Ransomware End User Crime Authentication 62

PYMNTS

MARCH 9, 2017

A new report from CyberEdge Group, a research and marketing firm serving the cybersecurity industry’s top vendors, has found that ransomware incidents are at an all-time high, with one-third of victims paying the ransom associated with an attack. So all in all, it’s the best of times and the worst of times for security folks.”.

Ransomware 60

Ransomware Cybersecurity Compromise Breach 60

PYMNTS

JULY 30, 2019

Earlier this month researchers at Symantec warned of a security flaw in WhatsApp and Telegram that allows hackers to manipulate a file when sent from one user to another. Most recently, a string of ransomware attacks hit local government entities that ultimately decided to pay off the attackers to regain access to computers.

Data Breach 64

Data Breach Small Business Breach Ransomware 64

PYMNTS

NOVEMBER 25, 2019

As data breaches and ransomware hacks escalate, cyber protection is becoming one of the fastest-growing insurance industry sectors, a Financial Times special report indicated. A 2014 breach at Marriott, for example, cost the chain over $100 million before fines were levied under EU rules.

Breach 67

Breach Data Breach Ransomware Rules 67

PYMNTS

OCTOBER 5, 2020

The financial institution (FI) has rolled out Fraud Protection Services, which is a new digital center with bolstered fraud protection offerings that assist small and mid-sized customers in safeguarding their companies and securely supervising money. NordVPN Teams researchers looked at worldwide breach activity and examined more than 1.7

Ransomware 54

Ransomware AFP Breach Payments 54

PYMNTS

APRIL 28, 2017

Ransomware incidents have risen 50 percent over the last year according to Verizon, who just recently released the 2017 edition of their Data Breach Investigations Report detailing the latest trends and information on cybersecurity threats. Retail and accommodation combined to account for 15 percent of breaches.

Ransomware 46

Ransomware Data Breach Breach Cybersecurity 46

PYMNTS

DECEMBER 13, 2020

12) emergency meeting of the National Security Council at the White House, Reuters reported. National Security Council spokesman John Ullyot reportedly told Reuters: "The United States government is aware of these reports and we are taking all necessary steps to identify and remedy any possible issues related to this situation.".

Treasury 108

Treasury Request for Comment FBI Government 108

Payments Source

SEPTEMBER 29, 2017

Diminished returns from basic card breaches will turn crooks' attention to much larger and more dangerous attacks on entire payment systems, writes John Christly, global chief information security officer for Netsurion.

Breach 76

Breach Returns Security Payments 76

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 59

Data Breach Breach AI Law Enforcement 59

PYMNTS

APRIL 27, 2017

was the number one target for ransomware last year. This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. To start, ransomware threats escalated globally through 2016 in size, number and kind. In the U.S.,

Ransomware 49

Ransomware End User Crime Law Enforcement 49

PYMNTS

MARCH 26, 2020

Cybersecurity insurance company Chubb , which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch. The company said it was looking into a “security incident” that involved unauthorized access with a third-party company. Zack did not say anything beyond that.

Cybersecurity 68

Cybersecurity Data Breach Ransomware FBI 68

Payments Dive

SEPTEMBER 12, 2018

Research puts the top three industries targeted by malware as accommodation and food services, public administration and retail. This infographic gives key insights into how malware is being used by criminals to target the point-of-sale and how this phenomenon shows no signs of waning.

Data Breach 60

Data Breach Ransomware Breach Security 60

PYMNTS

SEPTEMBER 13, 2018

Consumers prefer speed, convenience and ease of use over security — even when it comes to accessing financial services online. In comparison, only 45 percent said they would prefer an authentication method due to its tight data security. At the same time, though, the risk of identity theft and fraud is at an all-time high.

Security 59

Security Identity Theft Authentication Breach 59

Fintech Review

JANUARY 21, 2025

Phishing attacks, ransomware, and data breaches are increasing in both frequency and sophistication. For example, an AI system might detect a series of unauthorised login attempts and block them before a breach occurs. Securing Digital Identities Digital identity verification is a cornerstone of fintech services.

Cybersecurity 103

Cybersecurity FinTech Identity Theft AI 103

Fintech News

JUNE 3, 2024

Cyber insurance, also called cyber liability insurance or cybersecurity insurance, covers financial losses that companies have as a result of ransomware attacks, data breaches and other cyber incidents. Ransomware is a type of malicious software attack designed to block access to a computer system until a ransom is paid.

Ransomware 109

Ransomware APACS Cybersecurity AI 109

PYMNTS

JULY 28, 2017

With ransomware cyberattacks raging, companies and individuals have paid out more than $25 million during the course of the last two years in an effort to get their data back from hackers. To assess the costs of the cybersecurity breaches, the researchers used reports from victims, among other analysis, the report noted.

Ransomware 40

Ransomware Cybersecurity Breach Research 40

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. These digital transactions, often structured through stablecoins like USDT, circumvent traditional banking oversight and pose a critical national security risk.

Crime 83

Crime Ransomware Scams Phishing 83