Russia

Widespread Corporate Hacking Lands Two Russians In Prison
Widespread Corporate Hacking Lands Two Russians In Prison
February 16, 2018  |  B2B Payments

Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., Bloomberg reported this week....

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Russian Banks Hacked For $17 Million In 2017
Russian Banks Hacked For $17 Million In 2017
February 13, 2018  |  Security & Fraud

Russian banks are reporting that 2017 was a rough year for cyberattacks; rough and expensive, according to news from Reuters. Russian bank officials revealed hackers lifted...

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Huawei Pay Launches In Russia With Union Pay
Huawei Pay Launches In Russia With Union Pay
January 29, 2018  |  Mobile Payments

China’s UnionPay and Huawei are teaming up to bring Huawei Pay to Russia. According to PocketNow, the companies’ partnership will bring the mobile payment platform...

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All Economies Around The Globe Growing At Same Time
All Economies Around The Globe Growing At Same Time
January 29, 2018  |  Economy

Ten years after the world was embroiled in a widespread economic crisis, every one of the world’s major economies are growing at the same time....

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Russia And Venezuela Hope To Use Digital Currency To Defang Sanctions
Russia And Venezuela Hope To Use Digital Currency To Defang Sanctions
January 04, 2018  |  Blockchain / Distributed Ledger

Where there is a will — and some digital currency — it seems there is a way. Or at least, that is the hope of...

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Corporates Begin Pulling Cash From Bailed-Out Russian Banks
Corporates Begin Pulling Cash From Bailed-Out Russian Banks
December 29, 2017  |  B2B Payments

Five major banks in Russia saw capital outflows from corporate accounts last month, according to data compiled by Reuters from the nation’s central bank. That news...

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Hackers Targeted Russian Bank Globex’s SWIFT System
Hackers Targeted Russian Bank Globex’s SWIFT System
December 22, 2017  |  Security & Fraud

Russian bank Globex revealed that hackers attempted to steal 55 million rubles ($940,000) using the SWIFT international payments messaging system, in the latest attempted cyber...

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Cash Registers Crater At Russian Retailers
Cash Registers Crater At Russian Retailers
December 21, 2017  |  Retail

A failure of some internet-connected cash registers in Russia has resulted in billions of rubles in lost sales during the holiday season, according to a...

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Kaspersky Lab Sues Trump Administration Over Agency Ban
Kaspersky Lab Sues Trump Administration Over Agency Ban
December 19, 2017  |  Legal

Kaspersky Lab, the security company that saw the U.S. Department of Homeland Security ban the use of its products within the confines of federal agencies,...

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