FIN8 cybercrime group resurges with improved hacking tool

A financially-motivated hacking group that appeared to drop off the map a year-and-a-half ago is back with a new and improved backdoor, according to BitDefender research published Wednesday. Over the last year the criminal hacking group, known as FIN8, has primarily targeted companies in retail, technology, chemical and insurance industries with its updated point-of-sale malware, and has compromised organizations in the U.S., Canada, South Africa, Puerto Rico, Panama and Italy, according to the research. FIN8, which FireEye researchers first observed in operation in 2016, has historically targeted organizations in the retail, restaurant and hospitality industries with emails containing malicious Microsoft Word documents. The updated backdoor, known as BADHATCH, has incorporated screen capturing, proxy tunneling and fileless execution, the researchers write. The backdoor has also likely added in credential-stealing capabilities, according to the research. BitDefender does not identify which organizations have been compromised. An earlier version of BADHATCH, which researchers at […]

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The Shift to E-Commerce: How Retail Cybersecurity is Changing

With more people making purchases from home, now is a more important time than ever to secure your business against retail security threats. More and more customers are moving to online orders with gradual growth accelerated by five years in 2020 alone. Take a look at retail cybersecurity risks and how to protect against them. […]

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When “Good Enough” Bot Protection Negatively Impacts the Bottom Line

Lending support to the business impact of bots we discussed in a webinar a few weeks ago, Google has released the results of a survey performed by Forrester, further quantifying the true impact malicious bots have on an organization. Driven by a global… Continue reading When “Good Enough” Bot Protection Negatively Impacts the Bottom Line

Technology & Collaboration: The Winning Formula to Defeat Shopping Bots

As an innovator, software is always the first thing I think about when addressing a problem. But, in a recent blog about shopping bots and the holiday season, Sandy Carielli at Forrester reminded me that you’ve got to think about holistic solutions – c… Continue reading Technology & Collaboration: The Winning Formula to Defeat Shopping Bots

Card-Not-Present Fraud: 4 Security Considerations for Point of Sale Businesses

As the retail world’s center of gravity shifts to the cloud, payment card fraud has followed suit. According to Verizon’s retail vulnerabilities study, attacks against e-commerce applications are by far the leading cause of retail data breaches. This t… Continue reading Card-Not-Present Fraud: 4 Security Considerations for Point of Sale Businesses

Survey: 78% of Retailers Took Additional Security Precautions Ahead of the 2020 Holidays

Coronavirus 2019 (COVID-19) stopped many things in 2020. While in-store holiday shopping may be greatly reduced for some, there’s still a lot of shopping happening online. Near the end of November 2020, Statista revealed that holiday retail sales were … Continue reading Survey: 78% of Retailers Took Additional Security Precautions Ahead of the 2020 Holidays

Tales from the Front Lines: Retailer Prepares for Holiday Bot Battle in a Matter of Weeks

Following on the retail win posted previously, this week’s win is a clothing and home décor retailer that had an account takeover/credential validation challenge that their incumbent solution was unable to address. Bad actors were targeting APIs suppor… Continue reading Tales from the Front Lines: Retailer Prepares for Holiday Bot Battle in a Matter of Weeks

Cyber Monday – The Biggest Shopping Day of the Year?

Do you remember when Cyber Monday wasn’t a thing? In late November 2005, The New York Times reported: "The name Cyber Monday grew out of the observation that millions of otherwise productive working Americans, fresh off a Thanksgiving weekend of… Continue reading Cyber Monday – The Biggest Shopping Day of the Year?

Two months of Black Fridays?

Black Friday began in the U.S. as a way to funnel Thanksgiving holiday free time into a day of wanton gift shopping. It later spread globally as a retailer promotional blitz to kick off the holiday shopping season. Enter: Black…
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