Cybersecurity

Cybersecurity
Report: China-Connected Hackers Breach US Broadband Networks
September 25, 2024

Hackers with ties to China’s government have reportedly gotten into some American internet service providers. The hacking campaign, dubbed Salt Typhoon by investigators, was targeting sensitive information, the Wall Street Journal (WSJ) reported Wednesday (Sept. 25), citing sources familiar with the matter. As the report...

Cybersecurity
Trending: Lawmakers Grill CrowdStrike on IT Outage and Cybersecurity Gaps
September 24, 2024

When your company is responsible for one the largest IT outages in history, the U.S. government is going to want to hear more about it. And that’s what took place Tuesday (Sept. 24), when the U.S. House Committee on Homeland Security Subcommittee on Cybersecurity and...

Cybersecurity
MoneyGram Works to Restore Systems After ‘Cybersecurity Issue’
September 24, 2024

MoneyGram said Tuesday (Sept. 24) that it is working “around the clock” to bring its systems back online and resume normal business operations after finding a “cybersecurity issue.” “We continue to make progress in successfully restoring some of our key transactional systems,” the money transfer...

Cybersecurity
Craigslist Founder Craig Newmark Says US ‘Under Attack’ From Hackers
September 18, 2024

Saying the United States is “under attack,” Craigslist founder Craig Newmark reportedly made a $100 million cybersecurity pledge. Newmark said the country is at risk for hacking by foreign governments, The Wall Street Journal reported Wednesday (Sept. 18). As such, Newmark is donating $50 million...

Cybersecurity
CrowdStrike Subsidiary to Finance Cybersecurity Platform Solutions
September 17, 2024

CrowdStrike has launched a wholly owned subsidiary that will provide tailored financing solutions for its CrowdStrike Falcon cybersecurity platform. The new CrowdStrike Financial Services aims to facilitate customers’ access to the cybersecurity solution, the company said in a Tuesday (Sept. 17) press release. “On our...

Cybersecurity
Seattle Port Still on ‘High Alert’ Following ‘Fast-Moving’ Cyberattack 
September 15, 2024

The Port of Seattle has provided new details about a ransomware cyberattack last month.  The “fast-moving” incident on August 24 was carried out by a criminal organization known as Rhysida, the port, which also operates Seattle-Tacoma Airport, said in a news release Friday (Sept. 13)....

Cybersecurity
23andMe Paying $30 Million to Settle Data Breach Suit
September 15, 2024

23andMe will pay $30 million to settle a lawsuit tied to a data breach. “We have executed a settlement agreement for an aggregate cash payment of $30 million to settle all U.S. claims regarding the 2023 credential stuffing security incident,” the genetics testing company told...

Cybersecurity
Behind the Screens: How Threat Intelligence Keeps Digital Payments Secure
September 13, 2024

It is, by this point in human history, an undoubtedly digital world. And in the contemporary age, where commerce increasingly happens online and payment systems have become more intertwined with complex technologies, the importance of cybersecurity — and beyond just that, widening the aperture on...

Cybersecurity
Aligning Payments and Data Operations With Compliance and Cyber Risks
September 12, 2024

As businesses move online and data becomes a critical asset, organizations must navigate a minefield of potential threats. And with the news Thursday (Sept. 12) that Lehigh Valley Health Network (LVHN), one of the largest primary care groups in Pennsylvania, has paid a $65 million...