Security News

1.7M potentially pwned after payment services provider takes a year to notice break-in
2024-09-09 16:00

Criminals with plenty of time on their hands may now have credit card details Around 1.7 million people will receive a letter from Florida-based Slim CD, if they haven't already, after the company...

Payment gateway data breach affects 1.7 million credit card owners
2024-09-09 14:34

Payment gateway provider Slim CD has disclosed a data breach that compromised credit card and personal data belonging to almost 1.7 million individuals. [...]

New Android Malware NGate Steals NFC Data to Clone Contactless Payment Cards
2024-08-26 04:46

Cybersecurity researchers have uncovered new Android malware that can relay victims' contactless payment data from physical credit and debit cards to an attacker-controlled device with the goal of...

American Radio Relay League confirms $1 million ransom payment
2024-08-23 19:40

The American Radio Relay League (ARRL) paid a $1 million ransom for a decryptor that helped restore systems encrypted in a May ransomware attack [...]

Stolen, locked payment cards can be used with digital wallet apps
2024-08-19 18:22

Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims' report the card stolen and the bank blocks it, computer engineers with University of Massachusetts Amherst and Pennsylvania State University have discovered. Adding the card to a different wallet and making fraudulent purchases is made possible by the trust banks have in the digital wallet apps' security mechanisms.

Google deactivates Russian AdSense accounts, sends final payments
2024-08-12 15:14

Google is notifying Russian YouTubers, bloggers, and publishers that their Adsense accounts are being deactivated and can no longer be used for advertising. [...]

Cryptonator seized for laundering ransom payments, stolen crypto
2024-08-02 17:27

U.S. and German law enforcement seized the domain of the crypto wallet platform Cryptonator, used by ransomware gangs, darknet marketplaces, and other illicit services, and indicted its operator. [...]

India contemplates compulsory dynamic 2FA for digital payments
2024-08-02 03:30

India's central bank on Wednesday proposed a requirement for dynamically generated second authentication factors for most digital payments. "Reserve Bank of India had mandated additional factor of authentication for all transactions undertaken using cards, prepaid instruments and mobile banking channels," explained the central bank.

Cyber insurance isn’t the answer for ransom payments
2024-06-07 04:30

"Our report delivers a clear message: ransomware attacks will continue, be more severe than predicted, and the overall impact will cost organizations more than they expect. Organizations must take action to ensure cyber resiliency and acknowledge that rapid, clean recovery matters most," added Russell. Despite increased focus on cyber-preparedness, organizations still face a misalignment between their backup and cyber teams.

Ransomware negotiator weighs in on the extortion payment debate with El Reg
2024-05-12 20:03

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