Interpol Recovers Over $40 Mill from Biz Email Compromise Attack INTERPOL has created a global stop-payment mechanism that it can use to recover funds. A company in Singapore thought they were paying a vendor. Instead they paid a hacker. INTERPOL’s Global Rapid Intervention of Payments or I-GRIP was able to recover $39 million out of […]
Continue reading → [DISPLAY_ACURAX_ICONS]Cyberattack Ramifications: Chain Closes ALL STORES to Contain Attack Canadian pharmacy chain London Drugs has closed all stores to contain a cyberattack. While many stores stop accepting online orders or credit cards after a cyberattack, it is very rare to see a company stop doing business until further notice. However, they have not notified authorities […]
Continue reading → [DISPLAY_ACURAX_ICONS]Feds Remind Folks that Money Stored in Fintech Platforms Like eBay are at Risk US consumers have billions of dollars stored on platforms like eBay, Venmo and a number of others. The feds want to remind you that if you do that, you are “self insuring”, meaning that maybe the platform will return your money […]
Continue reading → [DISPLAY_ACURAX_ICONS]Incident and Ransomware Reporting Requirement in Just Passed Spending Bill President Biden signed a bill that requires critical infrastructure operators to report significant cyber incidents to CISA within 72 hours after they reasonably believe an incident has occurred and within 24 hours of making a ransomware payment. The ransomware reporting requirement applies even if it […]
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