ransomware

Corporate Ransomware Payments Up In Remote Working Environment
Corporate Ransomware Payments Up In Remote Working Environment
May 03, 2020  |  B2B Payments

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of...

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Hackers Hit Cybersecurity Insurance Co Chubb
Hackers Hit Cybersecurity Insurance Co Chubb
March 26, 2020  |  Fraud Attack

Cybersecurity insurance company Chubb, which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch....

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How Axos Bank Uses Multilayered Filtering To Keep Bad Bots Out And Good Bots In
How Axos Bank Uses Multilayered Filtering To Keep Bad Bots Out And Good Bots In
March 26, 2020  |  Fraud Prevention

Automated bots can wreak havoc on banks, but building an airtight defense can impede a good user experience. The challenge is separating the good bots,...

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Finastra Hacked, Forced To Shut Down Key Systems
Finastra Hacked, Forced To Shut Down Key Systems
March 20, 2020  |  Security & Fraud

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home,...

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FBI Details Evolving Sophistication Of BEC Scammers
FBI Details Evolving Sophistication Of BEC Scammers
March 09, 2020  |  B2B Payments

The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new...

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Tax Season Adds Extra Fraud Weight For SMBs
Tax Season Adds Extra Fraud Weight For SMBs
February 24, 2020  |  B2B Payments

Tax season is upon U.S. small businesses, and fraudsters are taking advantage. In a new report from Proofpoint, researchers warned that any businesses with the...

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FBI: 50 Pct Of Cybercrime Targets B2B Payments
FBI: 50 Pct Of Cybercrime Targets B2B Payments
February 12, 2020  |  B2B Payments

Business email compromise (BEC) scams are squeezing more money than ever out of victims, and accounted for more than half of all losses from cyberattacks...

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Data Shows 41 Pct Hike In Ransomware Attacks In 2019
Data Shows 41 Pct Hike In Ransomware Attacks In 2019
February 10, 2020  |  Security & Fraud

Ransomware hackers are striking more frequently, taking down computer networks across businesses, hospital and governments, the New York Times reported on Sunday (Feb. 9). Ransomware...

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Australia’s Toll Suffers Ransomware Attack
Australia’s Toll Suffers Ransomware Attack
February 05, 2020  |  Security & Fraud

Australian logistics company Toll has been forced to disable its systems and use non-digital processes after a ransomware attack on Friday (Jan 31) caused delays...

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