VISTA InfoSec

OCTOBER 21, 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, there’s 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

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

Ransomware

VISTA InfoSec

AUGUST 8, 2023

Encrypting your most critical data in return for a huge payment before restoring access. They can include computer viruses and ransomware kinds of attacks. Ransomware Ransomware is a malicious software attack targeted at your system to restrict you from accessing critical data for regular business operations.

Small Business

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.

Ransomware

VISTA InfoSec

SEPTEMBER 5, 2024

SMEs face numerous cyber security threats that can jeopardize their operations and financial stability, with phishing attacks, malware, and ransomware being among the most common. In contrast, ransomware specifically targets the availability of data by encrypting files and demanding payment for their release.

Security

VISTA InfoSec

OCTOBER 21, 2024

SMEs face numerous cyber security threats that can jeopardize their operations and financial stability, with phishing attacks, malware, and ransomware being among the most common. In contrast, ransomware specifically targets the availability of data by encrypting files and demanding payment for their release.

Security

PYMNTS

JANUARY 8, 2020

Travelex , a foreign exchange and payments company, was thrown into chaos around New Year’s after a ransomware attack locked up its systems, forcing employees to use pen and paper to take care of thousands of customers, according to a report by Reuters. Ransomware attacks against large corporations are becoming more and more common.

Ransomware

PYMNTS

JANUARY 13, 2017

A new ransomware variant dubbed Spora was recently spotted and, because of its advanced features, can cause problems for the solutions that are designed to protect against the ransomware. I expect other ransomware suites to follow suit, as this is a big step forward for the attackers,” said Intel. Governments are also victims.

Ransomware

PYMNTS

AUGUST 4, 2016

When it comes to ransomware, the bad guys don’t discriminate, which means companies of all shapes and sizes could fall victim to the scam that holds their data hostage. Aiming to help companies in their fight against ransomware attacks, WatchPoint , a provider of advanced cybersecurity products, announced the launch of CryptoStopper.io.

Ransomware

PYMNTS

MARCH 29, 2016

As the FBI works to combat a specific type of ransomware virus, it is calling on businesses and software security experts for emergency assistance in its investigation. ” The particular strain of ransomware the FBI is fighting is known as MSIL/Samas.A and is being used by hackers for extortion.

FBI

PYMNTS

OCTOBER 14, 2019

TechCrunch reported that the company was hit with a ransomware attack. Pitney Bowes was affected by a malware attack that encrypted information on some systems and disrupted customer access to our services,” the company said on Monday (Oct. The FBI recently warned that “high impact” attacks would be hitting large companies.

Ransomware

PYMNTS

MARCH 23, 2016

Another case of bitcoin ransomware has left one Kentucky hospital in an “internal state of emergency,” according to a report from Krebs On Security. Just yesterday (March 21) PYMNTS reported about a town that was being held hostage via a bitcoin ransomware attack. And last month?

Ransomware

PYMNTS

AUGUST 19, 2016

As the instances and threat of ransomware continues to wreak havoc on both businesses, governments and individuals around the world, it seems as though bitcoin has found itself closely intertwined with the malicious software. Cybersecurity experts say data backups can be an effective deterrent against ransomware attacks.

Ransomware

PYMNTS

JUNE 21, 2017

A South Korea-based web hosting firm has fallen victim to ransomware. Reports Tuesday (June 20) said Nayana was hit by a ransomware attack on June 10. The attack held 153 of the company’s servers under control, with the ransomware encrypting the servers and attackers refusing to release them unless the ransom was paid.

Ransomware

PYMNTS

MAY 20, 2016

Not only are ransomware creators TeslaCrypt closing up shop, the group is also reportedly sorry for all the damage they inflicted during their run. The now-defunct ransomware Trojan was designed to find and encrypt video games on PCs. Last month, the FBI stated that the use of ransomware has reached an all-time high.

Ransomware

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

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

PYMNTS

JUNE 26, 2017

SamSam ransomware attacks are up — and the attackers are getting more demanding. The actors then use PsExec.exe to distribute the malware to each host on the network and encrypt most of the files on the system,” the FBI added. But the folks behind SamSam have decided to think bigger and are asking for far more.

Ransomware

PYMNTS

AUGUST 10, 2018

The Professional Golfers Association (PGA) of America has been hit with ransomware, with cybercriminals demanding a payment in bitcoin to a specific wallet address. All files on each host in the network have been encrypted with a strong algorithm.” According to Cryptovest , the message read, “Your network has been penetrated.

Ransomware

PYMNTS

OCTOBER 23, 2019

As it recovers from a ransomware attack that started last week, business-to-business payments provider Billtrust is in its last stages of putting all of its systems online from backups. The company learned of a malware intrusion on Oct. 17, Krebs on Security reported.

Ransomware

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

The Paypers

MARCH 30, 2016

(The Paypers) Malware expert Lawrence Abrams has brought into attention that Germany-based companies are targeted by ransomware using disk-level encryption.

Ransomware

VISTA InfoSec

JULY 31, 2023

Protect Stored Cardholder Data: PCI DSS Requirement 3 reduces risks of storing sensitive data by using encryption, truncation, masking and hashing to protect cardholder data from hackers; thereby ensuring compliance with regulations. Hackers target data in transit, making it important to implement safeguards and encryption measures.

PCI DSS

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

PYMNTS

SEPTEMBER 19, 2016

Attacks can range from simple attacks through third-party applications, to malware with viruses or spyware placed on devices, to even ransomware that locks the device entirely and demands money from the user. Health care companies are indeed concerned, but some may feel paralyzed as to what to do about it, including how to encrypt data.

Data Breach

PYMNTS

OCTOBER 14, 2019

TechCrunch reported that the company was hit with a ransomware attack. Pitney Bowes was affected by a malware attack that encrypted information on some systems and disrupted customer access to our services,” the company said on Monday (Oct. The FBI recently warned that “high impact” attacks would be hitting large companies.

Ransomware

PYMNTS

JANUARY 9, 2020

Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports on Thursday (Jan. The hacker gang Sodinokibi , also known as REvil, reportedly demanded $6 million in return for encrypted customer data.

Ransomware

The Paypers

JUNE 2, 2016

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

Ransomware

The Paypers

MARCH 1, 2017

(The Paypers) US companies are opening Bitcoin wallets and purchasing Bitcoin in case company servers or computers are compromised with ransomware encryption.

Ransomware

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

PYMNTS

DECEMBER 13, 2019

Those were ransomware attacks , which demand money in exchange for giving users control of their systems. The previous attacks cobbled phones and encrypted data at the governor’s office, schools, the Medicare system and the Department of Motor Vehicles. The new attacks were not confirmed as ransomware, but they affected city services.

Ransomware

PYMNTS

JANUARY 20, 2017

With hundreds of encrypting malware types available to cybercriminals today, the individuals perpetrating these malicious attacks are able to leverage various networks and applications to demonstrate their power and capabilities. Gmail Users Get Fooled.

Phishing

PYMNTS

JANUARY 13, 2020

The ransomware gang Sodinokibi was blamed for demanding $6m (£4.6m) in exchange for customer data. Officials at the Albany International Airport paid a ransom to cybercriminals after the facility’s systems were hit with the Sodiniokibi ransomware strain on Christmas, the Albany Times Union reported.

Ransomware

PYMNTS

JANUARY 10, 2020

Ransomware , to be exact. The bad actors demanded $6 million in order to return encrypted customer data. The fact that the system has shifted to manual tasks speaks to the impact ransomware attacks can have. Travelex has also said that it does not yet have “a complete picture” of all the data that has been encrypted.

Ransomware

PYMNTS

JUNE 4, 2018

Furthermore, AIG found that more than a quarter – 26 percent – of cyber claims in 2017 cited ransomware as the primary cause of loss, compared to only 16 percent between 2013 and 2016. The news comes about a year after a major ransomware attack affected more than 200,000 computers in 150 countries across the globe.

Data Breach

PYMNTS

MAY 5, 2016

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. Though WSJ said Trainor expressed his sympathies to those companies that do become victims of ransomware attacks, paying the ransom only serves as an incentive.

FBI

PYMNTS

JULY 28, 2019

The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. As a result, Gov.

Law Enforcement