Cyber Security

Montgomery County, Alabama, the victim of a ransomware attack that began last week, paid hackers a ransom of up to $50,000 to retrieve stolen data, county officials confirmed to FOX Business on Monday.

The chairman of the U.S. Securities and Exchange Commission (SEC) only learned in August that hackers had last year breached the regulator's database of corporate announcements, according to prepared congressional testimony seen by Reuters on Monday.

Cybersecurity and fraud prevention advisor Frank Abagnale on Monday said the recent Equifax data breach that may have affected over 140 million Americans is possibly a buildup to one monumental cyber breach event.

Cybersecurity and fraud prevention advisor Frank Abagnale on Monday said the recent Equifax data breach that may have affected over 140 million Americans is possibly a buildup to one monumental cyber breach event.

Deloitte, one of the largest private firms in the United States with a prominent global presence, confirmed on Monday that it had been the victim of a cybersecurity breach that compromised client accounts.

Deloitte, one of the largest private firms in the United States with a prominent global presence, confirmed on Monday that it had been the victim of a cybersecurity breach that compromised client accounts.

As cybersecurity and data breaches are becoming an increasing threat to Americans, more and more companies are seeing themselves succumb to the hands of malicious hackers.

As cybersecurity and data breaches are becoming an increasing threat to Americans, more and more companies are seeing themselves succumb to the hands of malicious hackers.

Shares of credit reporting agency Equifax (NYSE:EFX), the victim of a “megabreach” earlier this month, rose more than 6% on Friday, as Wells Fargo (NYSE:WFC) upgraded the stock to outperform.

Shares of credit reporting agency Equifax (NYSE:EFX), the victim of a “megabreach” earlier this month, rose more than 6% on Friday, as Wells Fargo (NYSE:WFC) upgraded the stock to outperform.

As lawmakers get ready to grill Equifax CEO Richard Smith and SEC Chair Jay Clayton on Capitol Hill in the coming weeks, many wonder how the respective executives of each organization will be asked to pay for compromising the sensitive information of American individuals and companies.

As lawmakers get ready to grill Equifax CEO Richard Smith and SEC Chair Jay Clayton on Capitol Hill in the coming weeks, many wonder how the respective executives of each organization will be asked to pay for compromising the sensitive information of American individuals and companies.

Equifax (NYSE:EFX) CEO Richard Smith is set to testify before the Senate Banking Committee during the first week in October and while it’s likely he will get an earful from lawmakers over the massive data breach that impacted 143 million Americans, some experts are skeptical that Republicans will get on board with bills to increase regulations.

As consumers struggle to wrap their heads around the Equifax breach that affected 143 million Americans, the SEC announced Wednesday its electronic filing system was breached and one cybersecurity expert says these incidents are just the tip of the iceberg.

The U.S. Securities and Exchange Commission (SEC), Wall Street’s top market regulator and watchdog, said late Wednesday that one of its systems was breached last year, a situation that a cybersecurity expert warns can impact "trillions of dollars."

The U.S. Securities and Exchange Commission (SEC), Wall Street’s top market regulator and watchdog, said late Wednesday that one of its systems was breached last year, a situation that a cybersecurity expert warns can impact "trillions of dollars."