ransomware

Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

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Cognizant Corporate Cards Targeted In Cyberattack
Cognizant Corporate Cards Targeted In Cyberattack
June 22, 2020  |  B2B Payments

A cyberattack from Maze ransomware against global business and tech firm Cognizant mostly hit the company’s corporate cards that had been issued to employees, the...

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Group Hits 3 Universities, Demands Bitcoin Payments
Group Hits 3 Universities, Demands Bitcoin Payments
June 04, 2020  |  Fraud Attack

Three U.S. universities have been the victims of ransomware attacks in the past week, according to Cointelegraph. Get the Full Story Complete the form to...

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Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
Coronavirus Fraud Is In Full Swing — And Businesses Are A Big Target
May 11, 2020  |  B2B Payments

Fraud warnings continue to grow louder as bad actors uncover new opportunities to take advantage of market volatility and other aspects of the unique circumstances...

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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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Hackers Hit Cybersecurity Insurance Co Chubb
Hackers Hit Cybersecurity Insurance Co Chubb
March 26, 2020  |  Fraud Attack

Cybersecurity insurance company Chubb, which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch....

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How Axos Bank Uses Multilayered Filtering To Keep Bad Bots Out And Good Bots In
How Axos Bank Uses Multilayered Filtering To Keep Bad Bots Out And Good Bots In
March 26, 2020  |  Fraud Prevention

Automated bots can wreak havoc on banks, but building an airtight defense can impede a good user experience. The challenge is separating the good bots,...

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Finastra Hacked, Forced To Shut Down Key Systems
Finastra Hacked, Forced To Shut Down Key Systems
March 20, 2020  |  Security & Fraud

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home,...

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FBI Details Evolving Sophistication Of BEC Scammers
FBI Details Evolving Sophistication Of BEC Scammers
March 09, 2020  |  B2B Payments

The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new...

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