Malware news and trends

OpenAI Says China-Backed Phishing Attempt Targeted Employees
Cybersecurity // October 09, 2024

OpenAI says hackers connected to the Chinese government attempted a phishing attack on its employees. The artificial intelligence (AI) company revealed the attempt Wednesday (Oct. 9) in a report on its attempts to prevent “the disruptive uses” of its technology. Earlier this year, the report said, OpenAI disrupted...

AI Chatbots Could Become Cybercriminals’ Latest Weapon
artificial intelligence // September 26, 2024

Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. HP Wolf Security researchers have uncovered one of the first known instances where attackers used generative AI to write malicious code for distributing a...

Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic
Cybersecurity // June 26, 2024

Security firm iVerify has raised $12 million for its endpoint detection and response (EDR) solution. The funding round, announced Wednesday (June 26), was led by Shine Capital and comes amid a wave of recent data breaches. “The mobile security industry has not kept up with...

Cybercriminals Are Invading Corporate Inboxes: What Small Businesses Can Do
Cybersecurity // April 09, 2024

Behind every business is a group of individual employees. And, in most cases — and for most firms — those individuals use their work, or even personal, email accounts to conduct business. That one fact alone makes them a prime target for bad actors and...

Interviews & Exclusives
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

February 07, 2023
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in to their mobile banking app. When this happens, apps default […]

Why PPP Will Be A Pivot Point For The Future Of Digital Security

April 13, 2020
Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as of about two weeks ago,...

From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

December 05, 2019
Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. What would you expect from an outfit...

Visa: Keeping Online Merchants Safe From The Pipka Skimmer

November 20, 2019
A new version of the card skimmer resides on eCommerce checkout pages, where fraudsters steal consumers' data as it is entered. The newest sinister iteration of JavaScript skimming, Pipka, disappears...

Quick Reads
OpenAI Says China-Backed Phishing Attempt Targeted Employees

October 09, 2024
OpenAI says hackers connected to the Chinese government attempted a phishing attack on its employees. The artificial intelligence (AI) company revealed the attempt Wednesday (Oct. 9) in a report on its attempts to prevent “the disruptive uses” of its technology. Earlier this year, the report said, OpenAI disrupted a “suspected China-based threat actor” known as “SweetSpecter” as it […]

Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic

June 26, 2024
Security firm iVerify has raised $12 million for its endpoint detection and response (EDR) solution. The funding round, announced Wednesday (June 26), was led by Shine Capital and comes amid...

FBI: China Cyberattacks on US Infrastructure Reach New Level

February 18, 2024
The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were...

FTC Raises Red Flags Over QR Codes and Fraud

December 07, 2023
Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade Commission (FTC) warned consumers of this...