Cyber attacks began to climb last year, but big ransomware strikes over the past two months have convulsed the insurance market. Ireland’s healthcare system, a key US fuel pipeline and,... read more
The post Important: As ransomware demands explode cyber insurance companies rethink premiums appeared first on Payments Cards & Mobile.
The latest Internet Security Report reveals that fileless malware and cryptominer attack rates grew by nearly 900% and 25% respectively, while unique ransomware payloads plummeted by 48% in 2020 compared... read more
The post Fileless malware attacks surge by 900% – Ransomware attacks decline appeared first on Payments Cards & Mobile.
When hackers silently forced their way into the computer network Finastra in mid-March, the company was focused on developing emergency plans for operating amid the emerging COVID-19 coronavirus pandemic. Moving... more
The post How Finastra survived a ransomware attack without paying ransom appeared first on Payments Cards & Mobile.
The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning that financial services firms need to step up their security, according to... more
The post Firms warned over rise of ‘ransomware gangs’ after Travelex attack appeared first on Payments Cards & Mobile.
Cyber attack — the words alone can be enough to incite panic. Between a lack of understanding and media sensationalism, any mention of cyber attacks brings to mind catastrophic levels... more