The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the Financial Times reported Saturday (July 27), citing research by the Netherlands’ NHL Stenden University of Applied Sciences. That study found...
Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their B2B payments processes up to date with the latest technology. Given the economic volatility over the past few years and...
Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA) framework is now live, and Web3 companies are already complying, a fact which industry observers believe could represent the start...
It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly probing modern, multifaceted attack surfaces for vulnerabilities. But with the news Tuesday (July 2) that auto dealership software provider CDK...
July 04, 2024
It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly probing modern, multifaceted attack surfaces for vulnerabilities. But with the news Tuesday (July 2) that auto dealership software provider CDK Global has “substantially all” of its car dealership customers back […]
October 26, 2022
October hasn’t been kind to crypto, with $730 million lost to 18 hacks this month alone, driving the 2022 total loss to $3 billion. With decentralized finance, or DeFi, as...
October 10, 2024
The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the world’s third-largest economy,” Bank of America said in a Thursday investor note, Seeking Alpha reported Thursday (Oct. 10). The financial institution’s note added that 60% of organizations were hit by ransomware in […]
July 28, 2024
The shipping sector is reportedly facing a spike in cyberattacks tied to state-sponsored hackers. The industry saw at least 64 cyber incidents last year, the Financial Times reported Saturday (July...
April 29, 2024
UnitedHealth Group CEO Andrew Witty will testify before two Congressional committees Wednesday (May 1), addressing the cyberattack that hit the company’s Change Healthcare unit. The Senate hearing is titled “Hacking America’s Health Care: Assessing the...
December 17, 2023
Hackers have apparently stolen millions of dollars worth of non-fungible tokens (NFTs) in a recent security breach. Peer-to-peer trading platform NFT Trader confirmed the breach on X Saturday (Dec. 16), saying it...
