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?

Security

VISTA InfoSec

OCTOBER 21, 2024

Right now, crypto is considered to be more secure than traditional currencies and payment methods. 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. However, this is going to change once quantum computers become the new norm.

Cybersecurity

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

Ransomware

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.

Small Business

VISTA InfoSec

JULY 31, 2023

The PCI DSS Checklist is a crucial first step in securing your business. It’s a tool that helps businesses ensure they’re meeting all the requirements of the Payment Card Industry Data Security Standard (PCI DSS). The QSA will review the business’s security measures and access controls, and provide a report on their findings.

PCI DSS

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

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

SEPTEMBER 25, 2024

Right now, crypto is considered to be more secure than traditional currencies and payment methods. 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. However, this is going to change once quantum computers become the new norm.

Cybersecurity

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

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. These digital transactions, often structured through stablecoins like USDT, circumvent traditional banking oversight and pose a critical national security risk. billion globally.

Crime

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

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. The company surveyed 250 IT and security professionals across U.K. Data from the U.S. Researchers at U.K.

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

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 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

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

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

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. 17, Krebs on Security reported. The company learned of a malware intrusion on Oct.

Ransomware

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

Payment Savvy

JANUARY 27, 2021

Most surround investing in a secure business backup plan. Offers ransomware recovery. Use Encryption and Tokenization. If you’ve been looking for ways to make your business more secure, you’ve probably have come across these two terms. Tokenization and encryption handle the data they are attempting to replace differently.

Security

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

MAY 1, 2018

The company is introducing added features to protect SMBs against phishing and ransomware. Microsoft also emphasized the volume of sensitive information that small businesses managed, with most firms surveyed noting they stored Social Security numbers, and 29 percent storing bank account information.

Ransomware

VISTA InfoSec

NOVEMBER 7, 2023

Put simply, cybersecurity is any security system that protects our digital assets. They can include physical security to protect sensitive data on-premises, AI-powered analytics, and biometrics. This is why additional security features like MFA are so critically important. What is Cybersecurity?

Authentication

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

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

The Finance Weekly

DECEMBER 30, 2021

Business intelligence, data security, and and has proved particularly effective for finance departments, given the recent powerful innovations in finance technologies. Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist?

Technology

PYMNTS

JULY 27, 2017

Security in the digital age is a goal for most retailers and consumers — and nearly everyone else in the business world. When it comes to personal information, especially data linked to payment accounts, the level of privacy and accuracy of security are key in keeping the retail world spinning. In other U.S.

Bitcoin

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

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.

Cybersecurity

PYMNTS

JANUARY 20, 2017

The biggest challenge in combating cyber ransom, Radware’s Global Application & Network Security Report 2016-2017 report noted, is that ransom is not only easy, but also every attack has its own vector, technique or angle. Gmail Users Get Fooled.

Phishing

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

CB Insights

MARCH 27, 2019

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves. The Controversies.

Cybersecurity

PYMNTS

MAY 15, 2019

Microsoft has warned that a patched computer bug affecting some of the older versions of Windows could be used as a weapon in the vein of the WannaCry worm, which infected countless computers with ransomware, according to a report by The Wall Street Journal. . Computers at Nissan, FedEx and England’s National Health Service were all affected.

Ransomware

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

PYMNTS

DECEMBER 4, 2018

In addition, UniCredit customers in Italy can now use the Google Pay digital wallet, and cybercriminals are reportedly using malware to encrypt files and asking for a ransom to be paid through WeChat Pay. The company noted that the service keeps payment details secure by using a virtual account number.

Encryption