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
Election Websites, Back-End Systems Most at Risk of Cyberattack in Midterms
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/14/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-11771
PUBLISHED: 2018-08-16
When reading a specially crafted ZIP archive, the read method of Apache Commons Compress 1.7 to 1.17's ZipArchiveInputStream can fail to return the correct EOF indication after the end of the stream has been reached. When combined with a java.io.InputStreamReader this can lead to an infinite stream,...
CVE-2018-1715
PUBLISHED: 2018-08-16
IBM Maximo Asset Management 7.6 through 7.6.3 is vulnerable to cross-site scripting. This vulnerability allows users to embed arbitrary JavaScript code in the Web UI thus altering the intended functionality potentially leading to credentials disclosure within a trusted session. IBM X-Force ID: 14700...
CVE-2017-13106
PUBLISHED: 2018-08-15
Cheetahmobile CM Launcher 3D - Theme, wallpaper, Secure, Efficient, 5.0.3, 2017-09-19, Android application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.
CVE-2017-13107
PUBLISHED: 2018-08-15
Live.me - live stream video chat, 3.7.20, 2017-11-06, Android application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.
CVE-2017-13108
PUBLISHED: 2018-08-15
DFNDR Security Antivirus, Anti-hacking & Cleaner, 5.0.9, 2017-11-01, Android application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.