LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week. The mortgage and loan giant said on January 8 that it was working to “restore normal business operations as quickly as possible” following a security incident that involved the […]
A complete ban on ransomware payments is not a viable solution to combat ransomware attacks, according to some experts. While eliminating extortion as a source of criminal income may reduce attacks, there are several reasons why a ban would not work.
Dive Brief: Card network company Visa said Thursday it has launched a payments learning program in response to a need for skilled cybersecurity workers, according to a company press release. The program aims to equip workers, students and military members with training in the field through online courses and certifications to create a pipeline of diverse […]
Chinese scammers are using fake loan apps and India’s Unified Payments Interface (UPI) to deceive victims and launder money. The scammers pose as loan providers and promise easy repayments in exchange for a fee.
Breach Notification , Endpoint Security , Fraud Management & Cybercrime Electronic Filing and Payments Offline as Courts Revert to Paper Records and Faxes Mathew J. Schwartz (euroinfosec) • October 16, 2023 The Kansas Supreme Court Judicial Center in Topeka, Kansas (Image: Shutterstock) The Kansas Supreme Court said it is probing a “security incident” […]
The outages have affected various operations, such as new orders, payments, and access to support systems, leading to customer frustration and the posting of signs by employees.