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Cybersecurity Researchers To Corporates: You’re Being Naïve

PYMNTS

Corporates large and small are “naïve” about their cybersecurity risks, according to a new report. According to researchers, 80 percent of respondents fell into that category and are considered “ripe” targets for cyberattacks. That’s despite 80 percent of CEOs expressing confidence in existing cybersecurity strategies.

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FBI Probing Hack Of US Electricity Providers

PYMNTS

The FBI is investigating a hacking campaign that targeted more than a dozen U.S. According to The Wall Street Journal , researchers at a Silicon Valley cybersecurity company discovered the cyberattack attempts. Of the 11 utilities named, none said that they were breached, but about half said they had been warned by the FBI.

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Google, FBI, Cybersecurity Firms Shut Down Online Ad Fraud Scam

PYMNTS

Google, the FBI and White Ops, along with a handful of cybersecurity companies, recently collaborated to shut down a digital ad fraud scam that used 1.7 The report noted that Google and several cybersecurity firms said the ad fraud scheme was named 3ve because it relies on three sub-operations.

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FBI, BBB Sound Another Business Email Compromise Alarm

PYMNTS

Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the matter after accounts payable department professionals for Fairfax County, Virginia received an email claiming to be from Dell Computers, requesting that the county reroute pending payments to a different, Ohio-based account.

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FBI To Companies: Don’t Pay Cyberattack Ransoms

PYMNTS

FBI Cyber Division Assistant Director James Trainor is telling businesses that, though ransomware attacks are on the rise, it’s best not to pay hackers when the situation arises. Last year, the FBI received roughly 2,453 complaints related to ransomware malware attacks, which amounted to $24.1 million in losses for victims.

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Cybercrime Research Centre Led by Flutterwave to Launch in Nigeria to Combat Internet Crime

The Fintech Times

The new partnership will establish a Cybercrime Research Centre which will be led by Flutterwave. The Cybercrime Research Centre will significantly enhance our capabilities to prevent, detect, and prosecute financial crimes.” Its purpose is to protect youths and enhance the security of business transactions.

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Organizations' Fraud Threats Rise This Holiday Season

PYMNTS

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. Finding The Culprit.

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