Digital Shadows, the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.” According to a press release, these schools — available to...
As FedEx Corp.’s TNT unit is still working to fulfill deliveries and catch up on some transactions by hand, the company said its information systems may never fully recover from a June cyberattack that is also expected to affect its earnings. According to Bloomberg Technology,...
Honda Motor Co. had to stop production at a domestic vehicle plant in Japan for a day after finding the WannaCry ransomware in its computer network. According to Reuters, the automaker shut production on Monday (June 19) at its Sayama plant, northwest of Tokyo, which...
Following the recent worldwide ransomware attack, counterterrorism and cybersecurity expert Richard Clarke says the first thing to do is learn from mistakes. Clarke recently spoke with PYMNTS' Karen Webster about what banks and other companies involved in digital commerce can do to avoid the fallout...
Tax season is a busy time for cybercriminals, with consumers’ personal data being sold online so thieves can file fraudulent tax returns and cash in on refunds. According to Bloomberg News, experts recently found bulk sales of W-2 forms on the dark web after a scammer had...
While retailers of late have worked hard to broaden the range of experiences they offer, there are some things that no reasonable person would expect merchants to do. The general expectation is that retailers will be experts in selling goods — and hopefully experts on...
U.K. police have warned the public about a new fraud threat at the local ATM: tiny cameras drilled into London ATMs. According to The Telegraph, the cameras are so well-hidden that it would be extremely difficult for bank customers to locate them. The tiny pinhole...
Microsoft Malware Protection Center Blog is warning PC users about a new, convincing tech support scam that can cost users money in unnecessary repairs. Tech support scam messages are designed to send PC owners into a panic, notifying them that their computer has been infected...
Being attacked by a ransomware virus can be a terrifying experience for both private citizens and business owners. The threat of losing years’ worth of data and personal info means most victims pay up quickly to once again gain access to their files. And that’s...
