Fintech Review

APRIL 20, 2025

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. The risks range from phishing and account takeovers to ransomware and insider threats. More than just firewalls and antivirus software, modern cybertech is proactive and adaptive.

Finance 59

Finance Security Fraud Detection Encryption 59

VISTA InfoSec

SEPTEMBER 25, 2024

This is chiefly due to the fact that quantum computers will be able to hack through current common encryption algorithms like RSA, ECDSA, and ECDH. As it stands, theres already a potential fix in the form of cloud-based quantum-proof encryption, which is expected to be a larger focus in the coming years.

Cybersecurity 130

Cybersecurity Encryption Scams Cryptocurrency 130

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. Ransomware Hits an All-Time High 2024 also witnessed an unprecedented surge in ransomware attacks globally, with over 5,600 publicly reported cases. billion globally.

Crime 92

Crime Ransomware Scams Phishing 92

PYMNTS

JANUARY 20, 2017

In this week’s Hacker Tracker , Radware shares its global cybersecurity research on what’s really motivating cybercriminals, a Gmail phishing attack targets savvy users and the U.S.’s In many cases, experienced or tech savvy users can spot a phishing email scam from a mile away. Money On The (Cybercriminal) Brain.

Phishing 45

Phishing Ransomware EMV CHIPS 45

PYMNTS

APRIL 4, 2019

The latest research in small business cybersecurity has revealed the relentless nature of the threat, with new strategies emerging and new strains of ransomware rearing their ugly heads. As a result, 71 percent of ransomware attacks are now targeting small businesses, according to a report released by Beazley Breach Response (BBR).

Ransomware 63

Ransomware Phishing Direct Deposit Business Email Compromise 63

The Paypers

JUNE 2, 2016

(The Paypers) According to a report released today by PhishMe , 93% of phishing emails have contained encryption ransomware.

Ransomware 28

Ransomware Phishing Encryption 28

The Paypers

JANUARY 15, 2019

(The Paypers) MalwareHunterTeam have discovered a new ransomware that not only encrypts users’ files, but also tries to steal their PayPal credentials with an included phishing page.

Ransomware 28

Ransomware Credential Phishing PayPal 28

PYMNTS

MAY 1, 2018

The company is introducing added features to protect SMBs against phishing and ransomware. Enterprise software suite Microsoft 365 Business is adding enhanced cybersecurity solutions for small business (SMB) users, Microsoft announced ON Monday (April 30).

Ransomware 40

Ransomware Phishing Small Business Social Security 40

PYMNTS

SEPTEMBER 17, 2018

global ransomware attack and the 2014 attack on Sony Pictures Entertainment. Writ large, the attack and entré into the Bangladesh Bank two years ago took place by sending phishing emails to employees of the bank and — upon snaring some unwitting victims — gaining access to SWIFT. The Methods.

SWIFT 75

SWIFT Phishing Ransomware Central Bank 75

PYMNTS

JUNE 7, 2018

A phishing scam purporting to come from Apple is the most popular that we’ve seen,” Security Boulevard said. “It And not all criminal threats related to GDPR — or the PSD2 , another major European regulation for digital activity — will involve phishing attempts. All that back-and-forth results in all those notices. “A

Phishing 43

Phishing Scams Regulations Rules 43

VISTA InfoSec

NOVEMBER 7, 2023

This reduction of the “single-factor” risk is critical in an era when cyber threats are growing daily, including: Phishing attacks : Cybercriminals trick users into revealing sensitive information, often by posing as trustworthy entities. In both instances, the lack of a second authentication method leaves an exposed vulnerability.

Authentication 130

Authentication MFA Cybersecurity Credential 130

PYMNTS

MAY 12, 2016

It looks as though even the House of Representatives isn’t safe from the threat of ransomware attacks. Hackers recently attempted to access congressional computer systems, encrypt the data and hold it for ransom, various media outlets reported on Tuesday (May 10). “In The recent attacks have focused on using.js

Ransomware 41

Ransomware Encryption Phishing Cybersecurity 41

PYMNTS

JULY 20, 2016

What used to be a constant stream of messages touting fake Rolex watches, male enhancement pills and pornography has now become a 24/7 deluge of ransomware, spyware, phishing, and other malware,” AppRiver said in its second quarter security report. “While spam email traffic is leveling off, email traffic has never been more dangerous.

Ransomware 41

Ransomware Phishing Credential Encryption 41

PYMNTS

MAY 19, 2017

Last weekend, a major ransomware attack affected more than 200,000 computers in 150 countries across the globe. Targeting computers running the Microsoft Windows operating system, the malware encrypted users’ files and demanded payment in bitcoin equivalent to about $300 within 72 hours to regain access.

Ransomware 46

Ransomware Cybersecurity Bitcoin On-Demand 46

PYMNTS

MARCH 6, 2017

While the types of data breaches now vary – from ransomware, to phishing emails, to insider attacks – malware continues to be a major culprit, with the AT&T Market Pulse: The Global State of Cybersecurity survey finding that 90% of U.S.

Data Breach 47

Data Breach Third Party Vendors Encryption Identity Theft 47

EBizCharge

OCTOBER 25, 2023

Malware attacks, such as ransomware and viruses, infect systems through malicious software or email attachments. Phishing attacks trick individuals into disclosing their login credentials or other sensitive information through deceptive emails or websites. Threat actors employ various methods and techniques to execute data breaches.

Data Breach 52

Data Breach Best Practices Breach Phishing 52

PYMNTS

SEPTEMBER 30, 2019

Hackers also gain entrance into smaller FIs through a number of internal conduits, where there are voluntary bad actors ­— employees who can be swayed to sell their credentials for monetary rewards, or the unwitting insider who clicks on a phishing email.

Cybersecurity 65

Cybersecurity Credential Encryption Phishing 65

PYMNTS

JULY 7, 2017

In a press release, Symantec said the company’s agentless isolation solution eliminates ransomware, malware and phishing threats in real time by preventing potentially harmful content from ever reaching user endpoints or the corporate network via cyberattacks. Terms of the acquisition were not disclosed.

Security 40

Security Ransomware Cybersecurity Gateways 40

Segpay

JUNE 13, 2024

The same is true for cyber criminals who are always looking for new strategies to exploit our system vulnerabilities through: Phishing attacks Malware Distributed denial-of-service (DDoS) attacks A cyber attack on financial institutions is usually catastrophic, with the IMF quoting that companies lose over $100 billion a year. million ransom.

Best Practices 40

Best Practices Processors Transactions Security 40

PYMNTS

FEBRUARY 3, 2020

But cybercriminals — as the January 2020 edition of the PYMNTS Digital Fraud Tracker points out — have found municipalities, and have been enthusiastically moving through them as they’ve discovered municipal employees, unused to being targeted, make an excellent target for phishing attacks.

Security 94

Security Ransomware Phishing Cybersecurity 94

The Fintech Times

DECEMBER 5, 2024

The next line of defence Normal 256 Bit Encryption is becoming obsolete, and AI-driven fraud is increasing in sophistication so quickly that fraudsters will soon be able to create virtually undiscernible proof-of-life documents that will fool even the most discriminating eye or identification system.

Data Breach 59

Data Breach Breach Ransomware Deepfake 59

Fintech News

APRIL 7, 2025

A ransomware attack on printing vendor Toppan Next Tech (TNT) has led to the potential exposure of customer data from DBS Bank and Bank of Chinas Singapore branch. The agencies noted the growing frequency of ransomware threats and urged organisations to refer to CSAs advisory on preventive measures. We are sorry for the anxiety caused.

Ransomware 96

Ransomware Compromise Credential Risk Mitigation 96

VISTA InfoSec

MAY 5, 2025

Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Focus on core security measures like multi-factor authentication (MFA), encryption, and access management. The Solution: Tackle the challenge step by step.

SWIFT 130

SWIFT Security Compliance MFA 130

The Payments Association

MARCH 20, 2025

Phishing attacks, ransomware, and data breaches have become constant threats. Advances in quantum computing may revolutionise cybersecurity, offering next-generation encryption that protects against sophisticated cyber threats.

Compliance 88

Compliance Disaster Recovery Regulatory Compliance Risk 88