In 2018, Frank Krasovec took on a $1 million personal line of credit from PlainsCapital Bank. A few months later, he went on a business trip. When he returned, $450,000 was missing. Mr. Krasovec, the chairman of Dash Brands Ltd., which owns Domino’s Pizza Inc. franchises in China, said he soon learned that someone had… Continue reading Hackers Trick Victims Into Big Wire Transfers
Tag: phishing
Chubb’s First Quarter Cyber InFocus Report Details Ransomware and Malware Trends
Chubb’s first quarter InFocus Report, “Cyber Criminals Increasingly Target Small Businesses,” examines the emergence of new dominant strains of ransomware that are wreaking havoc on businesses, including small and midsize enterprises (SMEs). Ransomware attacks typically utilize malicious software to block a business’ network until a ransom is paid. “Cyber criminals typically don’t target specific small… Continue reading Chubb’s First Quarter Cyber InFocus Report Details Ransomware and Malware Trends
Online Phishing Attacks Up 297% Over Last Year
It’s no question that online shopping has continued to grow over the past few years, making it easy to order anything you like from practically wherever you like. But what’s not so convenient is the slew of cybercriminals who have come along for the ride to steal your data and charge your credit card for… Continue reading Online Phishing Attacks Up 297% Over Last Year
Businesses Fear Cyberattacks, Phishing During Hurricanes
Hurricane Florence could make companies vulnerable to cyberattacks as firms race to protect computer systems and networks ahead of the storm expected to hit the Southeast U.S. Friday, cybersecurity experts say. Corporate technology managers should expect more phishing attacks and intrusion attempts as cybercriminals target companies that are moving computers to fallback sites and switching… Continue reading Businesses Fear Cyberattacks, Phishing During Hurricanes