PYMNTS-MonitorEdge-May-2024

Hackers

A computer hacker is any skilled computer expert that uses their technical knowledge to overcome a problem. While "hacker" can refer to any skilled computer programmer, the term has become associated in popular culture with a "security hacker", someone who, with their technical knowledge, uses bugs or exploits to break into computer systems.

Source: en.wikipedia.org

McLaren Health Care Reports Data Breach Affecting 2.2 Million Patients
McLaren Health Care Reports Data Breach Affecting 2.2 Million Patients
November 13, 2023  |  Security & Fraud

McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million...

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Hackers Claim ICBC Paid to End Ransomware Attack
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023  |  Security & Fraud

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest...

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Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023  |  Security & Fraud

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other...

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Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
Report: ICBC Subsidiary Disconnects From Electronic Settlement Platform Amid Cyberattack
November 10, 2023  |  Fraud Attack

The U.S. subsidiary of Industrial and Commercial Bank of China (ICBC) reportedly disconnected itself from an electronic settlement platform for U.S. Treasury securities operated by...

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Hackers: OpenAI’s Ties to Israel Led to ChatGPT Attack
Hackers: OpenAI’s Ties to Israel Led to ChatGPT Attack
November 09, 2023  |  Cybersecurity

A hacking group with reported ties to Russia has claimed credit for attacking ChatGPT. The reason? The generative artificial intelligence (AI) tool’s parent company’s support for...

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Report: Ace Hardware Unable to Accept Online Orders Amid Cyberattack
Report: Ace Hardware Unable to Accept Online Orders Amid Cyberattack
November 03, 2023  |  Security & Fraud

Ace Hardware is reportedly recovering from a cyberattack that has left it unable to accept online orders. The news was first reported Sunday (Oct. 29)...

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Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
Anti-Ransomware Coalition Tells Hackers: We Won’t Pay
October 31, 2023  |  Security & Fraud

A 40-nation alliance reportedly plans to pledge to not to pay ransoms to cybercriminals. The U.S.-led International Counter Ransomware Initiative is making this promise amid a growing...

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Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
October 25, 2023  |  Cybersecurity

Ransomware attacks have surged this year, despite efforts to curb them. As a result, experts are now reconsidering the idea of banning ransom payments altogether,...

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US Government Urges Global Effort to Combat Ransomware Attacks
US Government Urges Global Effort to Combat Ransomware Attacks
October 16, 2023  |  Cybersecurity

The U.S. government is taking a stand against the growing threat of ransomware attacks by urging other countries to commit to not making ransom payments...

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