25 Aug 22 @ 10:57

Ransomware detections in Q1 of this year doubled the total reported volume for 2021, according to the latest quarterly Internet Security Report from the WatchGuard Threat Lab. Researchers also found... read more

24 Aug 21 @ 08:59

Cyber criminals carrying out ransomware attacks are now a bigger risk to UK national security than online espionage by hostile states, Britain’s cyber defence chief has warned. Lindy Cameron, chief... read more

13 Feb 20 @ 07:06

The cyber attack on foreign exchange provider Travelex demonstrates the growing threat of ransomware and is a warning to financial services firms to step up their security. Tim Thurlings of... read more

01 Jun 18 @ 10:15

Ransomware attacks have doubled since last year and become a key cybersecurity threat for organisations globally, warns Verizon’s 2018 Data Breach Investigations Report. Ransomware locks computers or encrypts files and... read more

13 Oct 25 @ 12:41

Cyber attacks are increasingly exploiting the weakest points in corporate supply chains, making third-party vendors a prime route into some of the world’s largest organisations. Once a marginal concern, these... read more

05 Apr 23 @ 09:56

Recent weeks have seen a slew of bad news about the ongoing scandal of rising payments fraud – especially in the online environment. According to LexisNexis Risk Solutions and Oxford... read more

16 Feb 23 @ 16:40

As the year turns and the dust settles on the crypto crash, it might be tempting to think crypto’s over. But think again: as of January 3, 2023, more than... read more

26 May 22 @ 06:47

The Modern Bank Heists report, which takes the pulse of the financial industry’s top CISOs and security with on-the-ground truth regarding leaders to provide executives with a ground truth on... read more

21 Apr 22 @ 09:43

In the context of huge global rises in online fraud attempts and straight-out thefts via digital scams, crypto has been hailed as a safe, secure and fast means of transferring... read more

17 Feb 22 @ 14:25

The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster security for banks in the cloud. Data storage is a systemic vulnerability just like... read more

09 Jun 21 @ 04:09

Business is booming on the dark side of the internet, with everything from illegal drugs to fake ID and credit card details for sale. PCM Managing Editor James Wood dons... read more

01 Apr 21 @ 12:59

According to data analysed by the Atlas VPN team from the 2020 Year End Data Breach QuickView Report by Risk Based Security, the number of leaked data records worldwide hit... read more

06 Apr 20 @ 12:53

Despite the best efforts of both crypto asset exchanges, banks and regulators, a major new study from CipherTrace has found that engaging with virtual asset exchanges is exposing banks to... read more

09 Aug 18 @ 15:05

Cybercrime is booming. Banks and financial services companies are targets for criminals following the money and for nation-state actors and others looking to destabilise financial infrastructure. Ethical hackers, sometimes known... read more

24 Nov 17 @ 14:32

Cybercrime continues to grow and evolve, taking new forms and directions. It is also beginning to converge with serious and organised crime, supported by a professional underground economy of skills... read more

03 Aug 17 @ 06:30

Criminals follow the money. In today’s increasingly interconnected world they conduct digital hold-ups and cause major disruption by targeting critical infrastructure. So, how do those in the financial services industry... read more

08 Jun 17 @ 12:43

One-in-five global organisations rank cyber espionage as the most serious threat to their business this year, according to cybersecurity firm Trend Micro. A similar number of US businesses confirmed that... read more

08 Jun 17 @ 12:41

Almost 1.4 billion data records were compromised in 2016 as hackers targeted large-scale databases across industries, a Gemalto report found. The 2016 Breach Level Index revealed that there were 1,792... read more

03 Feb 17 @ 13:50

2016 was the year when cybercrime reached record levels with a $81 million cyber heist on the Bangladesh central bank, and an unprecedented number of ATM attacks and data security breaches. We... read more

23 Nov 16 @ 10:12

Cyber attacks are increasing in number and sophistication. ‘Transfer’ is one of the four ‘Ts’ of risk management, alongside terminate, tolerate and treat. We examine the growing market for cyber... read more