Brian Krebs today reported that payment card processing giant TSYS suffered a ransomware attack earlier this month. The data stolen from the company have been posted online and attackers plan to publish more data in the coming days.
ISBuzz Team
The cyberattack targeting the European Medicines Agency earlier this week confirmed what many had previously suggested: that healthcare institutions involved in vaccine research and distribution will be consistently targeted in the coming months by malicious actors. In this instance, data on the vaccine was stolen. Moving forward, the next attack might offset distribution or delay production, potentially putting lives on the line.
The adoption of mass remote working and rapid infrastructural change has made 2020 a very disruptive year for most SMEs. And while many of the legacy security challenges remain, COVID-19 has brought about some new issues. As we get ready to close the door on 2020, here are the six key security challenges facing SMEs in the year ahead. Increase In Business Email Compromise Attacks It has been a profitable year for criminals engaged in Business Email Compromise (BEC) fraud. BEC invoice and payment fraud involves using email to masquerade as a trusted entity and coercing a business into sending…
France’s data privacy watchdog has handed out its biggest ever fine of 100 million euros ($121 million) to Alphabet’s Google for breaching the country’s rules on online cookies. Additionally, Amazon was fined 35 million euros for breaching the country’s rules on advertising trackers.
Quick Response (QR) codes have quickly become part of our everyday lives – they provide quick, contactless check-in procedures. But with that simplicity, comes a certain risk. Cybercriminals can exploit these seemingly harmless tools by placing their own tainted QR codes over legitimate ones which, when scanned, could take users to phishing websites, illicit materials, or even redirect you to a URL with a malicious file.
On Tuesday, Facebook has announced that the introduction of carts to WhatsApp. With the new feature, users will be able to browse a catalog, select multiple products and send the order as one message to the business. This will make it simpler for businesses to keep track of order inquiries, manage requests from customers and close sales.
NetGain hosting provider has been forced to take some of its data centers offline following ransomware attack in late November. Cybersecurity expert providie an insight on this ransomware attack below.
One of the unique successes in China’s sharing economy has been power bank rentals, but police in China have recently warned that the mobile battery packs keeping users’ smartphones charged up could also spread malware. The online security department of the Ministry of Public Security warned on its official WeChat account on Sunday that power banks could potentially be used to transmit Trojan horses and other types of malware, especially power banks of unknown origin. Once a smartphone is infected, the malware could steal personal information, including contacts, photos and videos, according to a police video. For now, the threat…
McAfee released a new global report titled “The Hidden Costs of Cybercrime,” which focuses on the significant financial and unseen impacts that cybercrime has worldwide. The report, conducted in partnership with the Center for Strategic and International Studies (CSIS), concludes that cybercrime costs the world economy more than $1 trillion, or just more than one percent of global GDP, which is up more than 50 percent from a 2018 study that put global losses at close to $600 billion.
The dawn of 5G technology is upon us and this new wireless power promises to be a faster and better successor to 4G networks. With more devices connecting to more data, both enterprises and the general consumer will greatly benefit from 5G’s arrival. But how ready are businesses for this new era in connectivity and how secure is 5G? To evaluate 5G preparedness and the awareness around its security is AT&T Cybersecurity, which has just released its tenth Cybersecurity Insights Report: 5G and the Journey to the Edge, in partnership with IDC. This report highlights the many scenarios that will…