ransomware

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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Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
October 16, 2023  |  Security & Fraud

With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example,...

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Visa Says Ransomware Attacks Reach Record-Breaking Numbers
Visa Says Ransomware Attacks Reach Record-Breaking Numbers
September 07, 2023  |  Fraud Attack

Ransomware attacks reached record-breaking numbers in March 2023, with a 91% increase compared to the previous month, according to Visa. Compared to the same period in...

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Visa: AI Helps Combat the ‘Democratization’ of Cybercrime and Ransomware
Visa: AI Helps Combat the ‘Democratization’ of Cybercrime and Ransomware
September 05, 2023  |  Fraud Prevention

Michael Jabbara, vice president and global head of fraud services at Visa, told PYMNTS the fraud game is changing. Up until recently, he said, “you...

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Largest U.S.-Led Operation Takes Down Qakbot Botnet and Malware
Largest U.S.-Led Operation Takes Down Qakbot Botnet and Malware
August 29, 2023  |  Cybersecurity

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,...

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SpyCloud Secures $110 Million Funding to Strengthen Digital Identity Protection
SpyCloud Secures $110 Million Funding to Strengthen Digital Identity Protection
August 23, 2023  |  Investments

SpyCloud has secured $110 million in a growth round of funding to expand globally and enhance its authentication bypass prevention solutions, further fortifying digital identities against...

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Cyberattacks Shutter Prospect Medical Locations 
Cyberattacks Shutter Prospect Medical Locations 
August 06, 2023  |  Cybersecurity

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...

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Hacking Group Clop Adds to Growing List of Victims
Hacking Group Clop Adds to Growing List of Victims
June 16, 2023  |  Security & Fraud

A hacking group known as Clop reportedly continues to steal sensitive data from companies around the world. The group — taking its name from the...

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MOVEit Hack Damage Spreads to British Airways and BBC 
MOVEit Hack Damage Spreads to British Airways and BBC 
June 05, 2023  |  Cybersecurity

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...

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