Tipalti investigating ransomware attack
Payments Dive
DECEMBER 5, 2023
The AlphV ransomware group claimed responsibility for the attack on Saturday and threatened to extort the business payments company's customers with allegedly stolen data.
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Payments Dive
DECEMBER 5, 2023
The AlphV ransomware group claimed responsibility for the attack on Saturday and threatened to extort the business payments company's customers with allegedly stolen data.
Finextra
JUNE 26, 2024
Days after claiming that it had hacked the US Federal Reserve, the Russia-linked LockBit ransomware gang has posted stolen customer data from Evolve Bank & Trust on the dark web.
TechCrunch Fintech
JULY 9, 2024
million people was accessed during LockBit's ransomware attack. Evolve has confirmed that the personal data of at least 7.6 © 2024 TechCrunch. All rights reserved. For personal use only.
Payments Dive
APRIL 19, 2023
The payments processor hasn’t disclosed how many customers were potentially impacted by a ransomware attack that began affecting systems last week. NCR says more than 100,000 restaurant locations currently use its platform.
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.
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.
Finextra
AUGUST 4, 2024
More than 200 cooperative and regional rural banks were briefly cut off from India's retail payments system last week by the National Payments Corporation of India (NPCI) amid concerns that C-Edge Technologies had been hit by a ransomware attack.
Finextra
MAY 28, 2024
ABN Amro is warning customers that their personal details may be at risk after a ransomware attack at one its supplier.
Finextra
MAY 9, 2024
There’s no hiding from it; ransomware is once again on the rise and today’s attackers do not discrim.
Finextra
JANUARY 25, 2024
Sweden's Riksbank has filed a police report after a ransomware attack on software firm Tietoevry knocked out some of the central bank's IT systems.
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. The growth of ransomware revenue suggests that ransomware attackers are adjusting to the new cybersecurity improvements that organizations have made.
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
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.
The Nilson Report
MARCH 26, 2024
The post Visa Report Shows Top Scams Globally Include Ransomware and Pig Butchering appeared first on Nilson Report.
Finextra
JANUARY 24, 2024
Artificial intelligence (AI) is expected to increase the global ransomware threat over the next two years cyber chiefs have warned in a new report published today (Wednesday).
Finextra
DECEMBER 5, 2023
Dozens of US credit unions have been hit by outages following a ransomware attack on a cloud computing vendor.
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.
Payments Source
JANUARY 15, 2020
The ransomware attack chain uses a number of methods to infect an organization's systems, which can easily bypass an entire organizational security framework in seconds, according to Exabeam's Richard Cassidy.
PYMNTS
FEBRUARY 9, 2020
Ransomware cyber-attacks are up 41 percent over last year, with 205,280 enterprises having lost access to hacked files, according to data from the ransomware security firm Emsisoft. Europol, the European Union’s law enforcement agency, considers ransomware the “most widespread and financially damaging form of cyberattack.”.
VISTA InfoSec
JUNE 19, 2024
Malware and Ransomware Malware and ransomware are significant threats in the realm of video communication, with attackers leveraging these tools to compromise devices and networks. Ransomware, a type of malware, is particularly destructive as it encrypts the victim’s data and demands a ransom for its release.
PYMNTS
MARCH 20, 2020
Although the company’s statement doesn’t mention the type of attack specifically, Krebs believes it is likely a ransomware attack based on the reaction. Two sources forwarded internal notices about the outage. “We We wish to inform our valued customers that we are investigating a potential security breach.
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.”.
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 5), Toll identified the ransomware as an offshoot of a popular Mailto iteration. “We On Wednesday (Feb.
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.
PYMNTS
AUGUST 19, 2019
Aided by technology – and emboldened by the rise of cryptocurrencies – fraudsters are stepping up ransomware campaigns. As reported earlier this week, a new strain of ransomware has been hitting US firms and firms based overseas. They tend not to target poorer countries,” he said. Payment terms have been higher, too.
PYMNTS
DECEMBER 26, 2018
Ackerman also warned that another wave of ransomware is expected to hit in 2019. “Ransomware exploded onto the scene in 2017, following the WannaCry outbreak and a series of successful follow-up ransomware attacks targeting high-profile victims,” he wrote. Ransomware attacks come in waves, and the next one is due.”
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.
PYMNTS
AUGUST 12, 2019
Cyber insurance claims are spiking as a new type of ransomware targets companies across the U.S. Ransomware groups tend to target people in the Anglosphere, who are seen as able to pay and deserving of what they get. and Europe, the The Financial Times reported on Sunday (Aug.
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.
Payments Source
AUGUST 9, 2017
The ransomware threat is likely to get a lot worse before it gets better — if it ever does. And small merchants and ATMs may be the most at risk.
Payments Source
MAY 30, 2017
Attacks like the WannaCry ransomware require issuers to educate staff and shore up technology defenses, writes Bob Antia, cheif security officer of Unitrends.
The Fintech Times
AUGUST 28, 2024
In the last year, over 80 per cent of organisations have experienced at least one ransomware attack according to research from Onapsis , the application security firm. Ransomware has become so prevalent and problematic, that 96 per cent of organisations realised they’ve needed to make changes to their security strategy.
PYMNTS
DECEMBER 11, 2019
Cybersecurity company Kaspersky is reporting there has been an uptick in ransomware attacks this year, with many specifically targeting municipalities and their subset organizations. However, those numbers don’t show the accurate number of damage, and the longer-term consequences of the ransomware actions are more devastating. .
PYMNTS
JANUARY 11, 2020
Some employees of Travelex , a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see if their machines were infected and whether they can be fixed, according to a report by the Financial Times. Samsung said there was no evidence of Samsung Pay users being affected.
PYMNTS
JANUARY 11, 2020
Some employees of Travelex , a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see if their machines were infected and whether they can be fixed, according to a report by the Financial Times. Samsung said there was no evidence of Samsung Pay users being affected.
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. Between 2018’s fourth quarter and 2019’s first, the average cost of a ransomware attack spiked by a whopping 89 percent to $12,762.
PYMNTS
OCTOBER 14, 2019
TechCrunch reported that the company was hit with a ransomware attack. Ransomware attacks are becoming more targeted, sophisticated, and costly, even as the overall frequency of attacks remains consistent,” the FBI said in the warning. The FBI recently warned that “high impact” attacks would be hitting large companies.
PYMNTS
APRIL 28, 2017
In terms of the country most willing to pay ransomware money, the United States came out on top. According to software company and security product provider Symantec’s Internet Security Threat Report , ransomware attacks intensified in size, number and type. 36 percent | Global increase in ransomware attacks.
PYMNTS
OCTOBER 5, 2020
Microsoft said that the most typical reason for its “incident response engagements” from October of last year to July of this year was ransomware. 140 is the minimum number of victim entities that the Sodinokibi variety of ransomware has claimed as of the time it came to the surface in April of last year, ZDNet reported.
PYMNTS
JUNE 27, 2017
Following a slight reprieve, 2017’s Q1 saw 218,625 mobile Trojan-Ransomware installation packages – 3.5 Total worldwide mobile ransomware encounters increased by 11.4 Ransomware as a Service opens up the cybercrime playing field to criminals who lack the skills or resources to develop their own malware.
PYMNTS
MAY 21, 2018
New research from the NTT Security 2018 Global Threat Intelligence Report, released last week by Dimension Data , found a sharp increase in ransomware attacks aimed at supply chains last year. But according to the report, the trade secrets and intellectual property that fill supply chains have emerged as key targets for ransomware attackers.
FICO
DECEMBER 23, 2020
There Will Be More Ransomware Attacks and Potential Sanctions Risk Implications. We predict a rise in ransomware attacks, a method that has become a particularly popular weapon in the hands of criminals with malicious intent in trying to harm governments, businesses, and individuals alike.
PYMNTS
OCTOBER 18, 2016
17) that, three months after launching the No More Ransom project, law enforcement agencies from 13 more countries have signed up to fight ransomware together with the private sector. The aim of the online portal ( www.nomoreransom.org ) is to provide a helpful resource for victims of 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.
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