Stealing credit card data is a perennial favorite of cybercriminals everywhere, whose aggressive tactics to score sensitive accountholder details result in breach after breach for organizations small and large. In its most recent research on payment card fraud, The Nilson Report found $28.6 billion in losses for 2020 (nearly 36% in the U.S. alone),...

Headlines are screaming with ransomware attacks and the ever-increasing payout demands. In May, Colonial Pipeline fell under a substantial ransomware attack that shut down production along the East coast, affecting oil prices worldwide. Colonial Pipeline disclosed they paid out $4.4 Million in Bitcoin to restore files because they could not recover quickly enough otherwise.Ransomware’s Terrifying...

If you find yourself concerned about your organization’s current cybersecurity efforts, you’re not alone. According to Yahoo.com, nearly four out of five executives lack confidence in their current cybersecurity posture. In response, 91% of these companies are increasing their cybersecurity spending in 2021.If upping your IT budget is not one of your top priorities, it’s crucial to consider the...

At the ripe old age of 30, ransomware could be considered antique in the malware world. This particular type of malicious software has been around since 1989, when the first version was created by the “Father of Ransomware”, Joseph L. Popp. Disseminated via mailed floppy disks, the program demanded a hefty ransom of $189 to free victims’ data.A lot has changed since then and ransomware has matured...