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.

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Risk Ransomware Phishing MFA 277

VISTA InfoSec

SEPTEMBER 25, 2024

For those wondering how to approach this, make sure to keep reading as well be covering everything you need to know about cybersecurity. This means that cybersecurity is an area that all of us should understand thoroughly to avoid any threats or issues. However, this is going to change once quantum computers become the new norm.

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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.

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Ransomware Authorization Phishing Cybersecurity 101

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.

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Fintech Review

JANUARY 21, 2025

Cybersecurity has become a critical challenge, and artificial intelligence (AI) is emerging as a transformative solution. We explore the role of AI in enhancing cybersecurity within fintech, highlighting its capabilities, limitations, and potential future applications. The future of AI in fintech cybersecurity is promising.

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Fintech News

FEBRUARY 15, 2024

Despite the notable drop and improvements, the prominence of sanction-related transactions and the growth of ransomware attacks remain key challenges for the industry to tackle. This decrease could signal the start of a reversal of a long-term trend, and may imply that DeFi protocols are improving their security practices.

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PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. We experienced a ransomware attack involving systems that support certain corporate back office functions of a legacy TSYS merchant business," TSYS said in a statement to PYMNTS.

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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?

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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?

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Security Phishing Ransomware Risk Assessment 130

The Fintech Times

FEBRUARY 26, 2025

Small and mid-sized businesses (SMBs) are suffering from a continuing onslaught of cyberattacks as threat actors adopt more efficient targeting and AI-driven attacks, according to a new report from cybersecurity firm SonicWall. From ransomware surges to the rapid rise in IoT and encrypted threats, businesses are increasingly at risk.

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Automation AI Ransomware Email Compromise 59

PYMNTS

DECEMBER 26, 2018

According to one security expert, the answer is, unfortunately, yes. founder and managing director of cybersecurity venture firm AllegisCyber , and co-founder of DataTribe , a cybersecurity startup in Washington, D.C., Ackerman also warned that another wave of ransomware is expected to hit in 2019.

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PYMNTS

MAY 3, 2020

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus -related attacks and other peripherally-related cases because of complexities with shifting to remote work for many people, according to a Coveware blog post. Sodinokibi was the top type of ransomware on the market with 26.7

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The Fintech Times

JUNE 30, 2025

It details how bad actors are increasingly leveraging AI and automation tools to enhance reconnaissance and execution capabilities, while double extortion ransomware and supply chain attacks emerging as key threats. The DFSA says that, in the face of these threats, regulators and financial institutions must prioritise cyber resilience.

AI 72

AI Cross-Border Ransomware Risk 72

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.”.

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PYMNTS

NOVEMBER 28, 2018

They also lack the finances to train staff, adopt cybersecurity technology, and implement sophisticated expertise to protect data. While small and mid-sized businesses (SMBs) must be diligent about data protection and cybersecurity, the professors suggest regulators design legislation proportionate to the size of the business.

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PYMNTS

JUNE 27, 2017

Wealthy countries with developed financial and payment infrastructures are most likely to have their data encrypted and held for ransom by cybercriminals, according to a recent report by global cybersecurity company Kaspersky Lab. Following a slight reprieve, 2017’s Q1 saw 218,625 mobile Trojan-Ransomware installation packages – 3.5

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PYMNTS

OCTOBER 12, 2020

With over 5,000 cybersecurity vendors in the U.S. But that problem could be a thing of the past thanks to the launch of the world’s first B2B cybersecurity marketplace that enables buyers to easily search, compare pricing and purchase the right IT solution in one place. Compliance Is Key. COVID-Era Changes.

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Cybersecurity B2B Email Compromise Business Email Compromise 83

PYMNTS

NOVEMBER 7, 2016

Chain Store Age just released its predictions for the near future of cybersecurity. Regardless of source and motive, it is essential that security specialists work to improve safety measures in place and create plans for if and when an attack on infrastructure occurs. The urgency is real.

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Cybersecurity Ransomware Law Enforcement Security 81

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.

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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.

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PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

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The Fintech Times

AUGUST 6, 2024

After Ransomware surpassed a record $1billion in payouts last year, ExtraHop , a cloud-native network detection and response (NDR) firm, has released its global ransomware trends report, a data-driven analysis of ransomware impacts across geographies, industries, and organisations of different sizes.

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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.”.

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Ransomware FBI Cybersecurity Credential 56

PYMNTS

MARCH 4, 2019

Comcast announced Monday (March 4) that it has acquired BluVector, a company that uses advanced artificial intelligence and machine learning to provide cybersecurity protection to companies and government agencies. Together, Comcast and BluVector will work to expand BluVector’s current customer base and create new cybersecurity technologies.

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Cybersecurity AI Ransomware Blocks 69

The Fintech Times

APRIL 23, 2025

By partnering with trusted cybersecurity experts and implementing effective solutions like the ones offered by Mastercard, SMEs can focus on what they do best running their business. As a result, 80 per cent of the respondents have expressed that effective cybersecurity is critical to their operations.

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Visa Cybersecurity Small Business Phishing 49

PYMNTS

SEPTEMBER 13, 2018

Ransomware attacks are often a small business owner’s worst nightmare. Unfortunately, experts don’t believe ransomware attacks will let up anytime soon, with recent research from Datto finding that these attacks cost small businesses $301 million worth of ransomware money in 2016.

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Ransomware Small Business Research Returns 67

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

DECEMBER 22, 2016

Corporates large and small are “naïve” about their cybersecurity risks, according to a new report. That’s despite 80 percent of CEOs expressing confidence in existing cybersecurity strategies. All of this data has flowed in as IBM Security reports another reason to be concerned about U.S.

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PYMNTS

OCTOBER 9, 2020

Leigh Reichel , new chief financial officer of cybersecurity firm INKY Technology Corp. Ransomware And Malware. Department of the Treasury’s Office of Terrorism and Financial Intelligence last week issued a pair of ransomware alerts. told PYMNTS that the FBI has found email fraud already costs businesses and individuals $3.5

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PYMNTS

OCTOBER 13, 2020

In other news, the G7 warned of the utilization of nefarious cyber-attacks – and ransomware, in particular — according to a Tuesday (Oct. The group said that ransomware incidents against banks, medical centers, educational institutions and other “critical infrastructure” in G7 nations has been increasing in scope, complexity and commonness.

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PYMNTS

APRIL 12, 2019

The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. Such a scenario would leave the door wide open for data-controlling companies to send customer information to that criminal under the false pretense of regulatory compliance and data security.

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PYMNTS

FEBRUARY 5, 2020

Australian logistics company Toll has been forced to disable its systems and use non-digital processes after a ransomware attack on Friday (Jan 31) caused delays throughout the country, according to a report by ZDNet. “We We’ll continue to provide updates as we securely bring our systems back online.”. On Wednesday (Feb.

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Ransomware Law Enforcement Cybersecurity Compromise 52

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.

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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.

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PYMNTS

APRIL 18, 2019

For many, however, the technology still conjures up images of cybercrime and illicit activity, and new data revealing the rising threat of ransomware is likely to fuel that negative reputation. A new report from cybersecurity company Coveware put some numbers behind this trend. The average span of system downtime increased, too, to 7.3

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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.,

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Fintech News

JUNE 3, 2024

Despite its rapid growth, the APAC region remains the second smallest cyber insurance market globally, S&P Global says, a statement that aligns with findings of a Moody’s survey which revealed strong cybersecurity oversight among APAC players compared to global counterparts. trillion annually by 2025.

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