The median ransom demand in financial services is $2 million.

Scammers are increasingly looking to target users who recently fell victim to fraud.

Truist Bank confirmed it suffered a breach of its network and exposure of some customer data.

Following SEC filing, insurer says ransomware group stole personal data in February cyberattack.

Security pros say the new scams use the latest chatbot technology.

While the SEC’s new rule will help, financial sector companies still have to do the hard work of building security into their organizations.

Security pros say this case illustrates why attackers go after third-party providers to penetrate major financial companies like American Express.

Rep. Andrew Garbarino, who chairs the House's Homeland cyber subcommittee, expressed concerns that two well-respected information sharing organizations may be getting squeezed out of their leading roles by CISA in favor of its own Joint Cyber Defense Collaborative.

It's the third time the Cl0p extortion group has targeted a piece of file-transfer software to steal data from their customers, but security experts collecting data on the fallout say the MOVEit hack is likely to dwarf the impact of previous campaigns.

Here’s some insight into what the new cybersecurity rules could look like.