Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

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
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
News
FluBot Malware's Rapid Spread May Soon Hit US Phones
Kelly Sheridan, Staff Editor, Dark Reading,  4/28/2021
Slideshows
7 Modern-Day Cybersecurity Realities
Steve Zurier, Contributing Writer,  4/30/2021
Commentary
How to Secure Employees' Home Wi-Fi Networks
Bert Kashyap, CEO and Co-Founder at SecureW2,  4/28/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-31755
PUBLISHED: 2021-05-07
An issue was discovered on Tenda AC11 devices with firmware through 02.03.01.104_CN. A stack buffer overflow vulnerability in /goform/setmac allows attackers to execute arbitrary code on the system via a crafted post request.
CVE-2021-31756
PUBLISHED: 2021-05-07
An issue was discovered on Tenda AC11 devices with firmware through 02.03.01.104_CN. A stack buffer overflow vulnerability in /gofrom/setwanType allows attackers to execute arbitrary code on the system via a crafted post request. This occurs when input vector controlled by malicious attack get copie...
CVE-2021-31757
PUBLISHED: 2021-05-07
An issue was discovered on Tenda AC11 devices with firmware through 02.03.01.104_CN. A stack buffer overflow vulnerability in /goform/setVLAN allows attackers to execute arbitrary code on the system via a crafted post request.
CVE-2021-31758
PUBLISHED: 2021-05-07
An issue was discovered on Tenda AC11 devices with firmware through 02.03.01.104_CN. A stack buffer overflow vulnerability in /goform/setportList allows attackers to execute arbitrary code on the system via a crafted post request.
CVE-2021-31458
PUBLISHED: 2021-05-07
This vulnerability allows remote attackers to execute arbitrary code on affected installations of Foxit Reader 10.1.1.37576. User interaction is required to exploit this vulnerability in that the target must visit a malicious page or open a malicious file. The specific flaw exists within the handlin...