Threat Intelligence

1/16/2018
06:05 PM
50%
50%

1 in 9 Online Accounts Created in 2017 Was Fraudulent

Account takeovers hot, stolen credit cards not.

More than one in nine of all online accounts created in 2017 was fraudulent, according to a report released today by ThreatMetrix.

According to "Cybercrime Report in 2017: A Year in Review," attackers continue to move away from the quick-buck business of credit card theft and are moving toward attacks that provide longer-term profits — for example, using stolen identity data to open new accounts. Between 2015 and 2017, attackers attempted to open 83 million fraudulent new accounts. Emerging industries, including ride-sharing and gift card-sharing, are particularly susceptible to fraud, according to the report. 

Account takeover attacks also increased by 170%; an account takeover attack occurs every 10 seconds, according to ThreatMetrix.

Overall, ThreatMetrix detected a 100% increase in attack volume over the past two years, including "unprecedented spikes" of irregular behavior immediately after the Equifax breach.   

See here for more.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
New Mexico Man Sentenced on DDoS, Gun Charges
Dark Reading Staff 5/18/2018
Google to Delete 'Secure' Label from HTTPS Sites
Kelly Sheridan, Staff Editor, Dark Reading,  5/21/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: "The one you have not seen, won't be remembered".
Current Issue
Flash Poll
[Strategic Security Report] Navigating the Threat Intelligence Maze
[Strategic Security Report] Navigating the Threat Intelligence Maze
Most enterprises are using threat intel services, but many are still figuring out how to use the data they're collecting. In this Dark Reading survey we give you a look at what they're doing today - and where they hope to go.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-9317
PUBLISHED: 2018-05-23
Privilege escalation vulnerability found in some Dahua IP devices. Attacker in possession of low privilege account can gain access to credential information of high privilege account and further obtain device information or attack the device.
CVE-2018-1193
PUBLISHED: 2018-05-23
Cloud Foundry routing-release, versions prior to 0.175.0, lacks sanitization for user-provided X-Forwarded-Proto headers. A remote user can set the X-Forwarded-Proto header in a request to potentially bypass an application requirement to only respond over secure connections.
CVE-2018-1122
PUBLISHED: 2018-05-23
procps-ng before version 3.3.15 is vulnerable to a local privilege escalation in top. If a user runs top with HOME unset in an attacker-controlled directory, the attacker could achieve privilege escalation by exploiting one of several vulnerabilities in the config_file() function.
CVE-2018-1123
PUBLISHED: 2018-05-23
procps-ng before version 3.3.15 is vulnerable to a denial of service in ps via mmap buffer overflow. Inbuilt protection in ps maps a guard page at the end of the overflowed buffer, ensuring that the impact of this flaw is limited to a crash (temporary denial of service).
CVE-2018-1125
PUBLISHED: 2018-05-23
procps-ng before version 3.3.15 is vulnerable to a stack buffer overflow in pgrep. This vulnerability is mitigated by FORTIFY, as it involves strncat() to a stack-allocated string. When pgrep is compiled with FORTIFY (as on Red Hat Enterprise Linux and Fedora), the impact is limited to a crash.