Cyberthieves news and trends

Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines
Security & Fraud // September 05, 2017

In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

South Korean Company Surrenders $1 Million To Ransomware
Security & Fraud // June 21, 2017

A South Korea-based web hosting firm has fallen victim to ransomware. That’s not unusual in today’s cybersecurity climate, but what is unusual is how much the company is paying to regain control of its systems: $1 million. Get the Full Story Complete the form to...

ATMs Attempt To Halt Cyberattacks
Security & Fraud // October 17, 2016

Fraudsters are finding ATMs to be among the newest lures for bilking victims out of money. 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...

Cyber Expert Goes Missing Post-Bank Heist Remarks
Security & Fraud // March 21, 2016

Reuters has reported that a cybercrime maven has gone missing in Bangladesh just after talking to police and media outlets about a brazen $951 million would-be theft from the country’s central bank. The disappearance of Tanveer Hassan Zoha was reported by his wife, said the...

Quick Reads
Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection

February 23, 2020
Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ) reported on Sunday (Feb. 23).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]

Bangladesh Central Bank Continues Heist Recovery Efforts In Philippines

September 05, 2017
In continued efforts tied to an investigation of $81 million stolen from Bangladesh’s central bank, the entity is sending officials to the Philippines to try to recover additional funds. Get...

ATMs Attempt To Halt Cyberattacks

October 17, 2016
Fraudsters are finding ATMs to be among the newest lures for bilking victims out of money. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cyber Expert Goes Missing Post-Bank Heist Remarks

March 21, 2016
Reuters has reported that a cybercrime maven has gone missing in Bangladesh just after talking to police and media outlets about a brazen $951 million would-be theft from the country’s...