Latest in Ransomware Payments
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Despite Catastrophic Hacks, Ransomware Payments Dropped Dramatically Last Year
Ransomware gangs continued to wreak havoc in 2024, but new research shows that the amounts victims paid these cybercriminals fell by hundreds of millions of dollars.Wired - 13h -
Global ransomware payments plunge by a third amid crackdown
Money stolen falls from record $1.25bn to $813m as more victims refuse to pay off criminal gangs. Ransomware payments fell by more than a third last year to $813m (£650m) as victims refused to pay ...The Guardian - 13h -
US Treasury moves to quell fears of Musk taking over payments system
Members of Congress told ‘Doge’ has been given limited ‘read-only’ access to the systemFinancial Times - 1d -
Democrats join protest against Musk’s ‘hostile takeover’ of federal payment systems
Trump ally, whose team has reportedly gained access to sensitive data, accused of ‘desecrating our constitution’. Hundreds of protesters and a contingent of Democratic lawmakers rallied outside the ...The Guardian - 1d -
Treasury Defends Musk Team’s Access to Federal Payment System
The department said that no payments would be interrupted and that it was conducting a review of the integrity of the system.The New York Times - 1d -
Treasury: DOGE will have 'read-only' access to federal payment systems
After people working for Elon Musk's Department of Government Efficiency (DOGE) reportedly sought to gain access to a sensitive federal payment system, the Treasury Department is saying that a ...The Hill - 1d -
Democrats call for investigation into Musk access of Treasury payment systems
Two Senate Democrats called for an investigation Tuesday into tech billionaire Elon Musk’s access of Department of Treasury payment systems. “We write to ask that the Government Accountability ...The Hill - 1d -
Musk now has access to federal payment systems. What does that mean?
Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the safety of personal data.CBS News - 1d -
Treasury Department sued over DOGE payment access
The Treasury Department was sued by a coalition of groups over the “Department of Government Efficiency” (DOGE) officials receiving access to the federal payment system for the federal government. ...The Hill - 1d -
Warren presses Treasury secretary over Musk access to payments system
Sen. Elizabeth Warren (D-Mass.) sent a letter to Treasury Secretary Scott Bessent on Monday demanding to know what access Elon Musk was given to the federal payments system and what safeguards were ...The Hill - 2d -
DOGE task force gains access to U.S. Treasury data, payment systems
News comes after departure of Treasury's acting Deputy Secretary David Lebryk after more than 30 years of service.CBS News - 2d -
Musk team given access to sensitive federal payment system - reports
The Trump administration grants Musk's team access to system that controls the flow of trillions of dollars in funds, US media report.BBC News - 3d -
Elon Musk’s Doge team granted ‘full access’ to federal payment system
Trump’s treasury secretary gives the world’s richest person entry to one of the most sensitive US government databases. Elon Musk’s government-slashing crew, the “department of government ...The Guardian - 3d -
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a powerful tool to monitor and potentially limit government spending.The New York Times - 4d -
Top Treasury official retires over DOGE request for access to payment systems
David Lebryk, a top Treasury Department nonpolitical career official, retired Friday after clashing with Elon Musk allies over government payment systems, a source familiar with the matter told The ...The Hill - 5d -
The Treasury official who oversees payments resigns suddenly.
Elon Musk has deployed engineers to Treasury to find a way to shut down payments unilaterally.The New York Times - 5d -
Democrats want answers on cost-cutting prescription payment models abandoned by Trump
House Democrats want to know what the Trump administration plans to do after it rescinded a Biden-era executive order to study potential payment models for lowering prescription drug costs, looking ...The Hill - 5d -
First Nations to fight for billions in treaty payments in Canadian court
Group in northern Ontario argues crown failed to honour agreement and capped annual payments in 1874 at $4. A group of First Nations in Canada is turning to the courts in the hope of securing ...The Guardian - 6d -
Social Security Fairness Act's boosted payments may be a year away
Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under the ...The Hill - Jan. 27 -
Harland & Wolff takeover raises fears over payments to suppliers
Bankrupt shipbuilder is being bought by Spanish state-owned group NavantiaFinancial Times - Jan. 26 -
LPGA removes tournament from schedule due to failed payments
The Fir Hills Seri Pak Championship, slated for March 20-23, will not be held as originally planned because of the event underwriter failing to fulfill any portion of its payment obligations.Yahoo Sports - Jan. 24 -
Understanding Escrow: What The Decision To Cancel Payments Could Mean For The Penguins
The NHL has officially cancelled player escrow payments for the remainder of the 2024-25 season - and this could be big news for a team like the Pittsburgh PenguinsYahoo Sports - Jan. 24 -
Mastercard, Visa accused of handling payments for child abuse content
Mastercard and Visa allegedly failed to halt payments linked to child abuse material and sex trafficking on OnlyFans, Reuters reports.CBS News - Jan. 24 -
Landslide election cost £52m in staff turnover payments
Parliamentary standards body says the last election saw an "almost-unprecedented" staff turnover.BBC News - Jan. 23 -
'I got a credit card as I lost winter fuel payment'
Pensioners who lost winter fuel money after government changes tell the BBC the last few months have been a struggle.BBC News - Jan. 23 -
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.NBC News - Jan. 22 -
JetBlue now accepts Venmo payments to book flights, an airline first
Venmo payment options are available on JetBlue website, and will roll out on carrier's mobile app in coming months.CBS News - Jan. 22 -
NHL Cancels Escrow Payments; What It Means For Islanders
The NHL has received some very promising financial news.Yahoo Sports - Jan. 19 -
Tycoon's ex-wife awarded £43.5m in divorce payment
Ex-wife Kate Vince started disputing how money should be split at a hearing in December last year.BBC News - Jan. 17 -
How to Come Up With a Down Payment on a House
With prices high, putting aside enough cash to buy a house can be daunting. But housing experts say there are assistance programs in all 50 states.The New York Times - Jan. 17 -
Government Recovers $31 Million in Social Security Payments to the Dead
The money came back when the Department of Treasury gained access to the Social Security Administration’s “Full Death Master File.”Inc. - Jan. 15 -
One-month cap on advance rent payments closer to becoming law
MPs vote for a cap on advanced rent payments in England as the Renters' Rights Bill edges closer to becoming law.BBC News - Jan. 14 -
New private parking panel to scrap ‘five-minute payment rule’
Move follows case of a woman issued with fines of almost £2,000Financial Times - Jan. 13 -
Vince McMahon, SEC reach $1.7M settlement over hush money payments
World Wrestling Entertainment (WWE) co-founder Vince McMahon reached a settlement with the Securities and Exchange Commission (SEC) on Friday for failing to disclose two payments made on behalf of ...The Hill - Jan. 10 -
5 ways to save on your mortgage payments this January, according to experts
Saving on mortgage payments could help you start the new year strong. Here's how to get started.CBS News - Jan. 9 -
UK offers to frontload payments in Chagos Islands talks
Officials are racing to conclude deal before Donald Trump takes office later this monthFinancial Times - Jan. 8 -
Payments go out in $100M Verizon settlement, but people are disappointed
Payments have finally started going out in the $100 million class action lawsuit Verizon agreed to settle, but the deposits are falling short of people's expectations.The Hill - Jan. 7