Malware news and trends

Cybercriminals Are Invading Corporate Inboxes: What Small Businesses Can Do
Cybersecurity // April 09, 2024

Behind every business is a group of individual employees. And, in most cases — and for most firms — those individuals use their work, or even personal, email accounts to conduct business. That one fact alone makes them a prime target for bad actors and...

FBI: China Cyberattacks on US Infrastructure Reach New Level
Cybersecurity // February 18, 2024

The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were happening on “a scale greater than we’d seen before,” calling them a defining threat to...

FTC Raises Red Flags Over QR Codes and Fraud
Security & Fraud // December 07, 2023

Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade Commission (FTC) warned consumers of this threat in a consumer alert posted Wednesday (Dec. 6). “A scammer’s QR code could take you to...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
Cybersecurity // September 15, 2023

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were being sold on underground forums for cybercriminals, the Financial Times (FT) reported Friday (Sept. 15). The data...

Interviews & Exclusives
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

February 07, 2023
The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over a user’s device and cancel the biometric verification pop-up when they attempt to log in to their mobile banking app. When this happens, apps default […]

Why PPP Will Be A Pivot Point For The Future Of Digital Security

April 13, 2020
Small businesses are hurting, which has been reflected in record unemployment numbers, the near-total shutdown of mainstream businesses and in PYMNTS data revealing that as of about two weeks ago,...

From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

December 05, 2019
Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. What would you expect from an outfit...

Visa: Keeping Online Merchants Safe From The Pipka Skimmer

November 20, 2019
A new version of the card skimmer resides on eCommerce checkout pages, where fraudsters steal consumers' data as it is entered. The newest sinister iteration of JavaScript skimming, Pipka, disappears...

Quick Reads
Security Firm iVerify Raises $12 Million Amid Data Breach Epidemic

June 26, 2024
Security firm iVerify has raised $12 million for its endpoint detection and response (EDR) solution. The funding round, announced Wednesday (June 26), was led by Shine Capital and comes amid a wave of recent data breaches. “The mobile security industry has not kept up with the rise of the global and remote workforce or emerging […]

FBI: China Cyberattacks on US Infrastructure Reach New Level

February 18, 2024
The Chinese government’s attempts to virtually attack U.S. infrastructure have reportedly reached new levels. That’s according to FBI Director Christopher Wray, who said Sunday (Feb. 18) that such efforts were...

FTC Raises Red Flags Over QR Codes and Fraud

December 07, 2023
Consumers who scan a QR code for what they think is a legitimate purpose could actually be giving their personal information to scammers. The Federal Trade Commission (FTC) warned consumers of this...

Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials

September 15, 2023
The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of MGM and Caesars employees were...