By Nathan Layne   A lawsuit by an Ecuadorean bank alleging that Wells Fargo & Co (WFC.N) is liable for authorizing the transfer of $12 million stolen in a 2015 cyber heist can go forward, a U.S. judge ruled on Tuesday.   The decision by U.S. District Judge Lewis Kaplan in Manhattan was in response Read More …

Despite a glut of research into new ransomware variants, low-tech threats like phishing attacks and viruses pose a more prevalent threat to small businesses than ransomware, according to a recent survey of SMB owners.   Thirty-seven percent of small businesses that experienced a cyberattack were victims of malicious viruses, 20 percent experienced phishing attacks, and Read More …