The Port of Seattle has provided new details about a ransomware cyberattack last month. The “fast-moving” incident on August 24 was carried out by a criminal organization known as Rhysida, the port, which also operates Seattle-Tacoma Airport, said in a news release Friday (Sept. 13)....
Most businesses have a target on their back. And for good reason — their data and credentials are incredibly valuable to fraudsters, especially when it comes to large enterprises. Against this backdrop, credential theft has become the emerging initial attack vector of choice for many...
Email remains a cornerstone of communication, especially within business-to-business (B2B) relationships. This reliance on email, however, has also made it a prime target for savvy cybercriminals. And with the news that Luxembourg-based chemicals and manufacturing giant Orion SA lost around $60 million after being targeted...
Indian cryptocurrency exchange WazirX said Thursday (July 18) that it lost more than $230 million in a cyberattack. “This is a force majeure event beyond our control, but we are leaving no stone unturned to locate and recover the funds,” the company said in a...
April 18, 2024
Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.” Data breaches and mail theft have resulted in a record level of available compromised identity information, payment information, login information and even stolen checks. It has been said that “At […]
April 16, 2024
The internet looks very small to an attacker, but massive to a defender. And a persistent reality of the 21st century’s connected economy is that many digital doors are left...
February 25, 2024
Last week’s data breach of United Health Group’s (UHG) prescription provider comes at a critical time in the digital transformation of connected healthcare. Just as evidence shows clinicians are seeing...
August 23, 2023
Generative artificial intelligence (AI) is making everything easier, including scams. Bloomberg reports that the world’s banking industry is “scrambling” to contain the risk of AI-generated criminal attacks. And insiders have repeatedly told PYMNTS...
September 15, 2024
The Port of Seattle has provided new details about a ransomware cyberattack last month. The “fast-moving” incident on August 24 was carried out by a criminal organization known as Rhysida, the port, which also operates Seattle-Tacoma Airport, said in a news release Friday (Sept. 13). “Our investigation has determined that the unauthorized actor was able […]
July 18, 2024
Indian cryptocurrency exchange WazirX said Thursday (July 18) that it lost more than $230 million in a cyberattack. “This is a force majeure event beyond our control, but we are...
July 15, 2024
Disney has reportedly suffered a hack of its Slack system, with data from thousands of the channels of the company’s workplace collaboration system being leaked online. The data goes back...
July 02, 2024
CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken down by hackers. The company...
