A data breach doesn’t necessarily have to be fatal to a business but there are entities that seem to shoot themselves in the foot when it comes to breach response. Did Global Payments suffer self-inflicted public relations injury this past week when they didn’t get ahead of the story? And how will their failure to…
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Global Payments confirms data breach (Update 2)
After being named by the Wall Street Journal earlier today, Global Payments Inc. has issued a press release about the breach reported earlier today by Brian Krebs: Global Payments Inc, a leader in payment processing services, announced it identified and self-reported unauthorized access into a portion of its processing system. In early March 2012, the…
Sources: Global Payments breached – Wall Street Journal
Robin Sidel and Andrew R. Johnson report: Global Payments Inc., which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation. Read more on the Wall Street Journal. Global Payments has not…
CISA Alert (AA22-040A): 2021 Trends Show Increased Globalized Threat of Ransomware
Summary In 2021, cybersecurity authorities in the United States,[1][2][3] Australia,[4] and the United Kingdom[5] observed an increase in sophisticated, high-impact ransomware incidents against critical infrastructure organizations globally. The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the National Security Agency (NSA) observed incidents involving ransomware against 14 of the 16 U.S….
After going up, up, up, will ransom payments in healthcare and education sectors start dropping?
Key points: More than half of ransomware victims reportedly pay ransom, but there is an absence of quality data and reporting that would enable better analyses. As payouts have increased, the number of customers electing to have cyberinsurance coverage (the take-up rate) has increased, although SMBs lag behind mid- to large-sized entities. As payouts have…
Hackers exploit stolen U.S. spy agency tool to launch global cyberattack
Costas Pitas and Carlos Ruano report: A global cyberattack leveraging hacking tools widely believed by researchers to have been developed by the U.S. National Security Agency hit international shipper FedEx, disrupted Britain’s health system and infected computers in nearly 100 countries on Friday. Cyber extortionists tricked victims into opening malicious malware attachments to spam emails…