Cyberattacks can have a long impact, as UnitedHealth’s Tuesday (Oct. 15) earnings call revealed. In February 2024, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Nearly eight months later, and the healthcare giant’s executives on Tuesday shared that the company is still being forced to...
U.S. cybersecurity agents have stopped more than 500 ransomware attacks since 2021. That’s according to a report Friday (Oct. 4) by Bloomberg News, citing comments from Mike Prado, deputy assistant director of the Homeland Security Investigations’ (HSI) Cyber Crimes Center, who also noted that those efforts...
Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. HP Wolf Security researchers have uncovered one of the first known instances where attackers used generative AI to write malicious code for distributing a...
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)....
July 04, 2024
It’s the summer of steals, not the summer of deals, for businesses suffering cyber breaches. That’s because, as the world goes digital, fraudsters are constantly probing modern, multifaceted attack surfaces for vulnerabilities. But with the news Tuesday (July 2) that auto dealership software provider CDK Global has “substantially all” of its car dealership customers back […]
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...
March 01, 2024
Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats,...
September 05, 2023
Michael Jabbara, vice president and global head of fraud services at Visa, told PYMNTS the fraud game is changing. Up until recently, he said, “you needed to have a certain...
October 06, 2024
U.S. cybersecurity agents have stopped more than 500 ransomware attacks since 2021. That’s according to a report Friday (Oct. 4) by Bloomberg News, citing comments from Mike Prado, deputy assistant director of the Homeland Security Investigations’ (HSI) Cyber Crimes Center, who also noted that those efforts have seized billions of dollars in cryptocurrency. The effort to […]
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,...
August 15, 2024
The value of funds taken in hacking activities and ransomware attacks rose during the first seven months of the year. These increases were driven by the higher value of bitcoin...
August 06, 2024
French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the latest such incident tied to...
