Collaborate Disseminate
While there has been a year-over-year decrease in publicly disclosed data breaches, an Arctic Wolf report reveals that the number of corporate credentials with plaintext passwords on the dark web has increased by 429 percent since March. For a typical … Continue reading Number of corporate credentials exposed on the dark web increased by 429%
Attempted account takeover (ATO) attacks swelled 282 percent between Q2 2019 to Q2 2020, Sift reveals. Likewise, ATO rates for physical ecommerce businesses — those that sell physical goods online —jumped 378 percent since the start of the COVID-19 pan… Continue reading As ATO attacks surge, consumers expect merchants to protect them from fraud
Forter released its Fraud Attack Index, delivering in-depth insight into the impact of COVID-19 on online buyer behavior and ecommerce fraud trends. This edition revealed that: New customer accounts now represent 30% of transactions, five times more th… Continue reading Preventing ecommerce fraud: A look at current trends and patterns
Twitter has finally shared more details about how the perpetrators of the recent hijacking of high-profile accounts to push a Bitcoin scam managed to pull it off. The way in To pull off the attack, attackers had to obtain access to Twitter’s inte… Continue reading Twitter employees were spear-phished over the phone
Barracuda released key findings about the ways cybercriminals are attacking and exploiting email accounts. The report reveals a specialized economy emerging around email account takeover and takes an in-depth look at the threats organizations face and … Continue reading Attackers have created a specialized economy around email account takeover
The Twittersphere went into overdrive on Wednesday as a bunch of prominent, verified Twitter accounts were hijacked and started promoting a COVID-19 cryptocurrency giveaway scam. The attackers simultaneously compromised Twitter accounts of Bill Gates, … Continue reading High-profile Twitter accounts hijacked to push Bitcoin scam. How did it happen?
There were seven major application DDoS attacks over the previous month — two of which lasted 5-6 days, Imperva reveals. Additionally, the team found that 47% of account takeover (ATO) attacks were aimed at loyalty programs and streaming services, wher… Continue reading Duration of application DDoS attacks increasing, some go on for days
Multiple hijacked YouTube accounts impersonated Elon Musk’s Space X channel in a Bitcoin scheme that ripped off a total of more than $163,000. Continue reading Bitcoin scammers take YouTube channels for a SpaceX ride
Identity theft and fraud are on the rise, increasing the costs to both consumers and the businesses they deal with, according to a recent study from Javelin Strategy & Research, which showed that losses related to identity fraud have increased som… Continue reading Identity Theft, Fraud Exploding in 2020
Account Takeover (ATO) attacks happen when a bad actor gains access to a legitimate customer’s eCommerce store account and uses that account for fraud. The impact of ATO attacks A new Riskified survey shows that ATO attacks have a huge negative impact … Continue reading What can merchants do to avoid falling victim to large-scale ATO attacks?