Cybersecurity

Cybersecurity
Federal Judge Orders 2012 Charge Against MoneyGram To Be Tossed
June 10, 2021

MoneyGram has had its anti-money laundering charges dismissed, according to a Wall Street Journal (WSJ) report on Thursday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
Wray: Companies Should Not Pay Ransoms In Cyberattacks
June 10, 2021

FBI Director Christopher Wray said companies and organizations that are the victims of ransomware attacks should contact law enforcement quickly instead of paying to unlock their systems, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
JBS Meat Supplier Paid Cybercriminals $11 Million Ransom
June 10, 2021

JBS, the world’s biggest meat processing company, said it paid the equivalent of $11 million in ransom after its company was hacked by cyber thieves in order to prevent disruptions, the company said in a blog post. Get the Full Story Complete the form to...

Cybersecurity
PYMNTS Data Brief: 84 Pct Of Consumers Expect New SMB Merchants To Guard Data
June 10, 2021

The connected economy is being shadowed by a despicable construct: the fraud economy, where people aren’t the legit customers they pretend to be. The damage these fraudsters inflict erodes the very foundation of enduring consumer-merchant relationships: trust. Get the Full Story Complete the form to...

Cybersecurity
Fastly Implements Fix For Software Bug That Caused Outage
June 09, 2021

Fastly Inc., which operates a content delivery network, announced that it quickly detected a software bug that caused an outage on Tuesday (June 8), and that most of its network was back to running normally within 49 minutes, according to a blog post. Get the...

Cybersecurity
FBI Recovers Ransomware And Follows Great (Bitcoin) Wallet Hop 
June 08, 2021

The “what” is this: A significant portion of the bitcoin-denominated ransomware demanded of – and received from – the Colonial Pipeline operator has been recovered. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cybersecurity
Tech Glitch Shuts Down Government, News Websites In Europe And US
June 08, 2021

Dozens of news and government websites went offline early Tuesday (June 8) due to a glitch at a cloud services provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cybersecurity
Hackers Hit US House, NYC Law Department
June 08, 2021

Will 2021 be remembered as the year of the cyberattack? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Cybersecurity
To Win The War On Fraud, FIs Must Become FPs (Financial Protectors)
June 08, 2021

We’re all using apps more than ever before – especially to bank, make payments and get money into the hands of friends and family with the tap of a screen. In 2020, there were more than 1.3 billion global mobile payment users. Get the Full...