Tag: cyberattacks
Navigating cybersecurity and AML: Strategies for financial firms
Money laundering and financial crimes pose large risks to financial firms, both from a reputational and regulatory perspective. These criminal activities can manifest in...
Navigating the storm: How supply chain risks are shaping board agendas
Once relegated to the background, supply chain management has now made its way into the heart of corporate board discussions. So what exactly are the supply chain concerns that can command board-level attention and how can these be effectively addressed? RegTech giant Moody's Analytics has undertaken the challenge to answer this.
JBS Foods pays multimillion ransom to end global ransomware cyberattack
Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.
US Department of Justice recovers most of Colonial Pipeline ransom payment
The US Department of Justice (D.O.J) has revealed it has recovered the majority of the $4.4m ransom payment paid by Colonial Pipeline to the DarkSide ransomware variant.
How can we remain cybersecure in the age of mass online...
As the number of people using services online has ballooned over the last year due to the onset of the Covid-19 pandemic, the threat posed by cybercriminals around the world has grown even stronger. How can companies and governments alike deal with this coming storm?
Cybercriminal forum offers $100k prize for stealing cryptocurrency assets
A Russian-speaking cybercriminal forum has hosted a contest for cybercriminals to provide methods for targeting cryptocurrency-related technology.
Sweden temporarily closes infectious diseases database due to hack attempts
The Swedish Public Health Agency temporarily closed down the country’s infectious diseases database SmiNet following several hacking attempts.
US confirms JBS Foods ransomware cyberattack likely Russia-linked
The US has confirmed that the cyberattack on food processing company JBS Foods was a ransomware attack likely coordinated by a Russian group.
Interpol diverts $83m of online fraud from cybercriminals
Interpol claims it has intercepted $83m belonging to victims of online financial crime from being transferred into the accounts of their hackers.
JBS Foods halts production following multinational cyberattack
Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.