PYMNTS-MonitorEdge-May-2024

Sodinokibi

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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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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Dozens Of US Firms Had Same Security Flaw As Travelex
Dozens Of US Firms Had Same Security Flaw As Travelex
January 16, 2020  |  Security & Fraud

The vulnerability that allowed Travelex to be attacked by hackers has existed at many other companies and institutions in the U.S., according to a report...

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UK Police Investigate Travelex Ransomware Attack, Ransom Demand
UK Police Investigate Travelex Ransomware Attack, Ransom Demand
January 08, 2020  |  Security & Fraud

The alleged perpetrators of a cyberattack on Travelex, the “world’s largest retail currency dealer,” was Sodinokibi, a cyber gang demanding ransom, according to reports. Sodinokibi...

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New Strain Of Ransomware Striking US, European Firms 
New Strain Of Ransomware Striking US, European Firms 
August 12, 2019  |  Security & Fraud

Cyber insurance claims are spiking as a new type of ransomware targets companies across the U.S. and Europe, the The Financial Times reported on Sunday...

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