PYMNTS

OCTOBER 19, 2020

Disguising itself as a commonly used video conferencing tool, Vizom spreads through phishing campaigns. Ransomware attacks jumped 37 percent last year, with losses up 46 percent, according to FBI statistics. Once it hits a Windows PC, the malware hijacks the AppData directory to force the loading of malicious DLLs.

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Ransomware FBI Phishing Treasury 123

PYMNTS

MARCH 16, 2017

During a follow-up briefing on Wednesday (March 15), the FBI shared its insight on how Yahoo’s user data and technology was compromised so significantly over a two-year period. From there, hackers gained access to Yahoo’s internal networks, and the rest has gone down in cybersecurity history.

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FBI Breach Identity Theft Data Breach 46

PYMNTS

FEBRUARY 13, 2020

million after it was the victim of an email phishing scam, according to the AP. Manuel Laboy, executive director of the agency, said the mishap was reported to the FBI as soon as it was discovered. Laboy did not share how the phishing scam was discovered, or if anyone was fired. The government of Puerto Rico lost $2.6

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Phishing Scams FBI Governance 52

Innovative Payments Association

MAY 20, 2024

When companies think about cybersecurity, their first instinct is to think about what technology they have in place to stop hackers. I have been attending the FBI Citizens Academy at the Bureau’s Cleveland Field Office. It is a program the FBI runs every year to explain its mission to the public.

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Cybersecurity FBI Law Enforcement Crime 52

PYMNTS

JULY 21, 2020

The Wall Street Journal recently reported a 35 percent jump in year-over-year credit card fraud in April, with fraudsters harnessing phishing schemes and brute-force hacking attacks, among others, to swindle data and funds. The increase in credit card fraud is part of a larger trend over the past several years, with such losses totaling $16.9

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Crime Financial Crimes FBI Cybersecurity 66

PYMNTS

DECEMBER 8, 2020

As NETSCOUT Area Vice President of Engineering, Threat and Mitigation Products Hardik Modi told PYMNTS, cybersecurity is now top of mind for many of these firms. According to cybersecurity experts, email scams rise during the holidays, with business email compromise (BEC) an especially concerning scam.

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FBI Business Email Compromise Scams Mitigation 71

PYMNTS

FEBRUARY 24, 2020

In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). 75,000 is the average loss of a BEC scam , new data from the FBI has revealed. Tax season is upon U.S.

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Business Email Compromise Scams Email Compromise Phishing 65

PYMNTS

MAY 12, 2017

businesses lose an estimated $50 billion each year due to identity fraud incidents. …………… Here are other top cybersecurity stories that made headlines this past week: One Million Gmail Users Affected By Google Docs Phishing Scam. percent of total users) were affected by an email phishing scam.

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Business Email Compromise ATM Phishing FBI 51

PYMNTS

NOVEMBER 6, 2017

To mark this annual occasion, DHS holds a campaign to raise awareness of cybersecurity issues and to help companies and financial institutions take steps against the type of threats with consequences significantly more serious than perpetrating a Halloween prank. At the time, they were seeing about 80 cases a week,” Nelson said. “It

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FS-ISAC Cybersecurity Account Takeovers NACHA 47

PYMNTS

SEPTEMBER 24, 2018

billion in 300,000-plus reported cyberattacks last year, according to the Federal Bureau of Investigation (FBI). Usually following a data breach, these attacks rely on phishing or other schemes to steal a business’ or individual’s account information — including address, name and payment details — to make a purchase. All told, U.S.

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AI Account Takeovers Data Breach Wire 78

PYMNTS

SEPTEMBER 16, 2020

Fraudsters’ attacks on universities’ systems have become more frequent in recent years, revealing just how critical it is for universities to bolster their cybersecurity amid the push to remote learning. Digital onboarding has also created various issues for universities, prompting them to reexamine their cybersecurity protocols.

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Cybersecurity Enrollments Phishing Identity Theft 56

PYMNTS

AUGUST 8, 2018

Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. Compare that to ransomware, which made up just 11 percent.

Ransomware 44

Ransomware Phishing Email Compromise Online and Mobile Banking 44

Clearly Payments

MARCH 4, 2024

Operation Phish Phry (2009) Operation Phish Phry stands as a testament to the cunning and audacity of cyber criminals orchestrating large-scale payment processing fraud. Elevated awareness of phishing scams and cybersecurity threats. Heightened scrutiny of data protection measures in payment processing.

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Phishing Data Breach Law Enforcement Money Laundering 59

Center for Payments

NOVEMBER 21, 2023

The FBI works to raise awareness of the types of scams that are common around the holidays and how you can protect yourself and your customers or members. The FBI reports, “Charity scam solicitations may come through cold calls, email campaigns, crowdfunding platforms, or fake social media accounts and websites.

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Holiday Scams Scams FBI Federal Trade Commission 40

PYMNTS

DECEMBER 4, 2018

The Financial Times noted that in July the FBI warned hackers were targeting CFOs, getting them to transfer money to unknown accounts. The cybersecurity firm said it first discovered the group when it tried to trick the CFO at the company with an email spoof that pretended to be from the CEO.

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Law Enforcement Email Compromise FBI Scams 46

PYMNTS

FEBRUARY 3, 2017

Although the details have yet to be released, it’s believed that an employee’s computer was exposed to the ransomware through a phishing scam or by accidentally downloading it. The servers have now been locked up, and the FBI and Bureau of Criminal Investigation have been notified.

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Governance Government Law Enforcement Ransomware 40

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.”

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Payroll API Payment APIs and Integration Data Breach 64

CB Insights

JULY 23, 2020

To stay ahead of the curve, companies will need to consider key investments across wellness, remote collaboration tools, mobile cybersecurity tech, accessible HR tools, and workforce training programs for professional development and upskilling. Beyond the office: cybersecurity and at-home network security. TABLE OF CONTENTS.

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Posting Cybersecurity Returns Online and Mobile Banking 101

The Fintech Times

DECEMBER 5, 2024

However, while the average age of someone arrested for a crime is 37, the Experian report reveals that according to the FBI, cyber hacking is now committed by those with an average age of 19. Typically, fraudsters are associated with middle-aged criminals.

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Data Breach Breach Ransomware Deepfake 59

PYMNTS

DECEMBER 14, 2020

The FBI is currently investigating the attacks, and the federal Cybersecurity and Infrastructure Security Agency (CISA) issued a warning Sunday about an “active exploitation” that involved SolarWinds ’ Orion Platform software. “We Two Major Attacks In One Week.

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Governance Government Security Cybersecurity 85