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

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

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...

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AT&T to Pay $13 Million and Add Safeguards After 2023 Data Breach
AT&T to Pay $13 Million and Add Safeguards After 2023 Data Breach
September 17, 2024  |  Regulation

The Federal Communications Commission (FCC) has reached a settlement with AT&T that resolves the agency’s investigation into a January 2023 hack in which AT&T customer...

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

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...

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OCC’s Hsu: Agility and Teamwork Critical as Banks Confront New Risks
OCC’s Hsu: Agility and Teamwork Critical as Banks Confront New Risks
September 04, 2024  |  Security & Fraud

Banks are confronting new, digital risks, and guarding against them demands a more agile, teamwork-focused approach. Michael Hsu, acting Comptroller of the Currency, said in...

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Decoding Cybersecurity: Understanding FedRAMP and ISO 27001 Standards
Decoding Cybersecurity: Understanding FedRAMP and ISO 27001 Standards
August 30, 2024  |  News

Contemporary businesses operate in an era marked by surging cyberthreats and data breaches. That’s according to a Thursday (Aug. 29) joint cybersecurity advisory by the...

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Guarding the Gate: Cyberattacks Won’t Stop, But Their Fallout Can Be Prevented
Guarding the Gate: Cyberattacks Won’t Stop, But Their Fallout Can Be Prevented
August 29, 2024  |  Cybersecurity

Most businesses have a target on their back. And for good reason — their data and credentials are incredibly valuable to fraudsters, especially when it...

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Dick’s Sporting Goods Uncovers Cybersecurity Breach
Dick’s Sporting Goods Uncovers Cybersecurity Breach
August 28, 2024  |  Cybersecurity

Dick’s Sporting Goods is the latest high-profile organization dealing with an information systems breach. The retailer revealed the incident in a filing with the Securities...

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Lumen: Chinese Hacking Group Breached 4 US Companies
Lumen: Chinese Hacking Group Breached 4 US Companies
August 27, 2024  |  Security & Fraud

Hackers tied to China breached four U.S. companies, according to cybersecurity researchers. Lumen’s Black Lotus Labs said in a Tuesday (Aug. 27) blog post that...

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Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
Cybercrime Goes Corporate as Ransomware Gangs Seek Bigger Payouts
August 20, 2024  |  Security & Fraud

In periods of softening consumer spend, businesses are increasingly turning to the vast B2B marketplace to boost their bottom-line. They aren’t alone. Criminals have taken...

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