Magecart strikes again, this time at electronics retailer Newegg

Code has been discovered siphoning credit card numbers from consumer technology retail website Newegg, according to security researchers from two cybersecurity companies. In reports published Wednesday by RiskIQ and Volexity, researchers discovered instances of code liked to the operators of Magecart, a group that has been behind a slew of recent, high-profile credit card number breaches. Thieves have been siphoning credit card data since Aug. 14, when a piece of Javascript was inserted into Newegg’s payment sites. That code pulled credit card numbers and sent them to a site with a similar URL — neweggstats[.]com. According to Volexity, the code wasn’t removed from the Newegg payment site until Tuesday. Newegg is an extremely popular retailer, ranking 161 on Alexa’s list of top websites in the U.S. According to SimilarWeb, the site receives 50 million visitors a month. “Over an entire month of skimming, we can assume this attack claimed a […]

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Two Russians sentenced to prison for role in hacks against U.S. companies

Two Russian men were sentenced to prison in the United States on Wednesday after they pleaded guilty to their roles in one of the largest hacking schemes to ever hit the U.S. Vladimir Drinkman, 37, was sentenced Wednesday to 12 years in prison and Dmitriy Smilianets, 34, to 51 months and 21 days in prison. The pair were arrested in the Netherlands in 2012 and pleaded guilty in 2015. Prosecutors said there were 17 corporate victims, and three of them alone lost more than $300 million combined. As friends in Moscow, Drinkman and Smilianets “targeted major corporate networks, compromised 160 million credit card numbers and resulted in hundreds of millions of dollars in losses,” according to the Justice Department. “Drinkman and Smilianets not only stole over 160 million credit card numbers from credit card processors, banks, retailers, and other corporate victims, they also used their bounty to fuel a robust underground market for hacked […]

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Target hack fallout finally got executives to pay attention to cybersecurity

Deep in the guts of corporate America, a sense of shock hit in the days and weeks after hackers hit Target and affected up to 40 million customers in a 2013 breach that made headlines like no other previous hack. In a lot of boardrooms, it wasn’t the breach or even the millions of dollars lost that grabbed the most attention. It […]

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