In the fast-paced world of digital finance, security is a pressing concern. With a deep understanding of the risks at hand, organizations and individuals alike are demanding greater assurance that their funds are safe and secure — especially from the most modern attacks and attackers. “Security...
An international operation has disrupted a major botnet and malware that had caused millions of dollars in damage. Law enforcement agencies from the United States, France, Germany, the Netherlands, the United Kingdom, Romania and Latvia have disrupted the botnet and malware known as Qakbot, the...
Resilience has completed a $100 million Series D equity financing round to expand its enterprise-level cyber-risk platform. This latest fundraise will be used to help accelerate the adoption of the platform and further its global expansion, Resilience said in a Monday (Aug. 7) press release. “The...
Amazon is offering $20 million to help fund cybersecurity programs at U.S. schools. The tech giant’s pledge was announced Monday (Aug. 7) as part of a larger effort by the White House to bolster electronic defenses at K-12 schools, following an uptick in cyberattacks. A White House news...
A ransomware attack on California’s Prospect Medical impacted hospitals and clinics around the country. As The New York Times reported Saturday (Aug. 5), the attacks closed some Prospect locations while forcing others to switch to paper records. The company has 16 hospitals and more than 165...
The Securities and Exchange Commission (SEC) has adopted new rules requiring public and foreign private companies to disclose all material cybersecurity incidents. The new rules will also require the companies to detail their risk management, strategy and governance on a yearly basis, the SEC said in a...
Cyberattacks on American hospitals are reportedly growing in number and sophistication. The uptick in cybercrimes — as reported Friday (June 23) by Bloomberg News — comes amid increased health spending among U.S. consumers and a rise in use of digital health platforms. The Bloomberg report...
Pharmacy chain Boots, Nova Scotia’s government and at least two airlines are reportedly victims of an ongoing cyberattack. According to published reports Monday (June 5), Boots, British Airways and the BBC have all informed employees that their information may have been compromised during a hack of payroll provider Zellis. Nova...
Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. As companies take crucial steps to update their prevention toolkits against increasingly digital and modern threats, cybercriminals are already collaborating on new ways to exploit organizational vulnerabilities across the...
