Remove Authentication Remove eCommerce Remove Social Engineering
article thumbnail

The danger of data breaches — what you really need to know

Webroot

Retail and e-commerce: Retail and ecommerce businesses are vulnerable to breaches because they handle and store vast amounts of customer payment information, including addresses, credit card numbers and more. Selling it on the dark web : Stolen data is frequently sold to the highest bidder on dark web marketplaces.

article thumbnail

MY TAKE: Massive Marriott breach continues seemingly endless run of successful hacks

The Last Watchdog

Events like this Marriott Starwood breach underscore the sheer folly of continued reliance on outdated security methods such as using PII in authentication, given the sheer proliferation of stolen and leaked PII now available on the Dark Web. Satya Gupta, CTO and Co-founder, Virsec: Gupta.

Hacking 157
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Utilizing AI-driven bots for advanced social engineering techniques. Decision-making and automation of cybercriminal operations.

article thumbnail

Chinese fraudsters: evading detection and monetizing stolen credit card information

CyberSecurity Insiders

Another method is to purchase products on an eCommerce site using stolen credit card information and have a domestic collaborator receive the products. Nowadays, man-in-the-middle attack phishing techniques have become the mainstream, and one-time-password (OTP) authentication is insufficient to defend against these attacks anymore.

article thumbnail

3 Must-Know Cybersecurity Tips for Online Business

Chicago CyberSecurity Training

Use Strong Passwords and Multi-Factor Authentication (MFA): One of the most important steps to securing your business is to use strong pass phrases for your accounts. Be sure to avoid passphrases that may include information that can be easily gathered about you via social engineering. Avoid using pass words (ex.

article thumbnail

The Hacker Mind Podcast: Going Passwordless

ForAllSecure

But this method of authentication is flawed; either hashed or hashed and salted, usernames and passwords can still be stolen and reused. Vamosi: Identity -- I’m talking specifically about authentication and to some degree its follow-on authorization -- is one of the most important, yet least talked about aspects of security.