PYMNTS

AUGUST 16, 2019

According to a report in The Wall Street Journal , sources said that employees sent a warning to Capital One about high turnover in its cybersecurity unit as well as the failure to install some software to help spot and defend against hacks. We’ve invested heavily in cybersecurity and will continue to do so,” said a bank spokeswoman.

Caps

The Fintech Times

FEBRUARY 9, 2024

AI-enhanced attacks are on the rise, leaving many organisations’ cybersecurity unprepared for the volume of new challenges; reveals cyber protection firm, Acronis , in its latest cyber threats report. It explains that there is a lack of strong security solutions which would help detect the exploitation of zero-day vulnerabilities.

Phishing

PYMNTS

OCTOBER 14, 2016

According to a report from cybersecurity firm Symantec, the attack mirrors tactics used by the unidentified group that orchestrated an $81 million hack of Bangladesh’s central bank earlier this year. 15 by the FBI that a “potential data security issue” was discovered in its retail network, spokeswoman Julia Bentley told Reuters.

SWIFT

PYMNTS

JUNE 23, 2016

For some, like small suppliers, a compromise of sensitive data and credentials can lead to a few hundred or thousand dollars fraudulently obtained from a business client, often via the Business Email Compromise scam. Supplier email scams , the FBI said, are rising at massive rates. 2013, resulting in $3.1

Cybersecurity

PYMNTS

OCTOBER 23, 2017

According to a news report in Reuters , in a rare move, the Department of Homeland Security and the Federal Bureau of Investigation (FBI) warned that sophisticated hackers are targeting nuclear, energy, aviation, water and critical manufacturing industries, as well as government entities. The FBI declined to comment.

Security

PYMNTS

MAY 24, 2018

The Federal Bureau of Investigation (FBI) is dismantling a “large network of hacked routers and storage devices” that could have enabled a “massive cyberattack ,” according to a report in The Wall Street Journal. The FBI move came after Cisco Systems Inc. The FBI move came after Cisco Systems Inc.

FBI

PYMNTS

AUGUST 15, 2017

Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015. On Monday (Aug. 14), the U.K.

Law Enforcement

PYMNTS

JANUARY 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. According to the FBI, more than $26 billion in losses linked to BEC were reported between July 2016 and September 2019.

Business Email Compromise

PYMNTS

JUNE 23, 2016

Hackers broke into Bangladesh’s Central Bank and employed malware/spyware to spy on the SWIFT money transfer system, obtained credentials needed for payment transfers from Federal Reserve Bank of New York, and then transferred large sums to fraudulent accounts based in the Philippines and Sri Lanka. ” .

Cybersecurity

PYMNTS

AUGUST 8, 2018

Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. The malicious link may bring a user to a seemingly legitimate online banking login page that steals credentials and other sensitive data.

Ransomware

PYMNTS

NOVEMBER 7, 2019

At least 12 Capital One cybersecurity employees have exited since the breach due to security issues left hanging by Johnson and other executives, sources told the WSJ. Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

Data Breach

PYMNTS

OCTOBER 31, 2019

Glover and Mereacre were able to access the confidential corporate databases on AWS using stolen credentials. We’re dealing with the most sophisticated cyber actors in the world,” FBI Special Agent in Charge John F. Bennett said in a statement. “In

Data Breach

PYMNTS

MARCH 18, 2019

Last September, the Federal Bureau of Investigation (FBI) issued a warning about cybercriminals’ tactic of targeting digital payroll accounts, using phishing scams to obtain employee credentials and redirect payroll deposits to their own accounts. “Education is the number-one way employers can protect their payroll data.”

Payroll

PYMNTS

OCTOBER 27, 2017

That was before Equifax flooded the dark web with the personal credentials of every adult in the United States. The goal of the hackers was to use malicious emails and websites to obtain credentials in order to access the computer networks. The FBI declined to comment.

AI

PYMNTS

MARCH 22, 2016

This case has also involved the FBI, as that $101 million was stolen from the central bank’s account with the New York Federal Reserve, which was eventually funneled into accounts in the Philippines and Sri Lanka. As a result, the Philippines’ Department of Justice has filed money laundering complaints against the individuals.

Fed

PYMNTS

JULY 31, 2020

The San Francisco-based social networking service and the FBI are investigating the worst cyberattack in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts. By obtaining employee credentials, they were able to target specific employees who had access to our account support tools.”.

Breach

PYMNTS

JULY 19, 2020

Twitter said the cyberattackers managed to manipulate a “small” number of employees’ accounts and used their credentials to access Twitter’s internal systems to divulge confidential information. The FBI has launched an investigation.

Accounts

PYMNTS

JULY 24, 2020

In order to do cybersecurity right, you can’t forget the boring stuff.”. Last week, the FBI launched an investigation into what turned out to be the worst security breach in Twitter’s 14-year history. The former workers, who are familiar with Twitter security practices, said that many people had access, including Cognizant Corp.,

Accounts

PYMNTS

AUGUST 5, 2020

The San Francisco-based social networking service and the FBI have been investigating since the cyberattack was reported. The company followed up with: “By obtaining employee credentials, they were able to target specific employees who had access to our account support tools.”.

Breach