As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the incident, prompting challenge maintaining investor confidence. Automotive services and technology company Cox Automotive highlighted the impact of the hack, which...
What do Rite Aid, Disney, and Squarespace all have in common? The fact that, in just the past few days, they each reported cyber breaches resulting in the theft of sensitive information. Rite Aid announced Monday (July 15) that in June, an unknown third party...
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 as far as 2019 and includes material ranging from discussions about ad campaigns to assessments...
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 had said Monday (July 1) that some of its systems could be down as late...
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...
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 leaving no stone unturned to locate and recover the funds,” the company said in a preliminary report posted on its website. “We have already blocked […]
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...
June 27, 2024
Neiman Marcus reported a data breach that affected 64,472 customers. The incident occurred on April 14 and was discovered on May 24, the retailer said in a data breach notification filed...