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

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
Why Cyber-Risk Is a C-Suite Issue
Marc Wilczek, Digital Strategist & CIO Advisor,  11/12/2019
Black Hat Q&A: Hacking a '90s Sports Car
Black Hat Staff, ,  11/7/2019
The Cold Truth about Cyber Insurance
Chris Kennedy, CISO & VP Customer Success, AttackIQ,  11/7/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
Rethinking Enterprise Data Defense
Rethinking Enterprise Data Defense
Frustrated with recurring intrusions and breaches, cybersecurity professionals are questioning some of the industrys conventional wisdom. Heres a look at what theyre thinking about.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-18954
PUBLISHED: 2019-11-14
Pomelo v2.2.5 allows external control of critical state data. A malicious user input can corrupt arbitrary methods and attributes in template/game-server/app/servers/connector/handler/entryHandler.js because certain internal attributes can be overwritten via a conflicting name. Hence, a malicious at...
CVE-2019-3640
PUBLISHED: 2019-11-14
Unprotected Transport of Credentials in ePO extension in McAfee Data Loss Prevention 11.x prior to 11.4.0 allows remote attackers with access to the network to collect login details to the LDAP server via the ePO extension not using a secure connection when testing LDAP connectivity.
CVE-2019-3661
PUBLISHED: 2019-11-14
Improper Neutralization of Special Elements used in an SQL Command ('SQL Injection') in McAfee Advanced Threat Defense (ATD) prior to 4.8 allows remote authenticated attacker to execute database commands via carefully constructed time based payloads.
CVE-2019-3662
PUBLISHED: 2019-11-14
Path Traversal: '/absolute/pathname/here' vulnerability in McAfee Advanced Threat Defense (ATD) prior to 4.8 allows remote authenticated attacker to gain unintended access to files on the system via carefully constructed HTTP requests.
CVE-2019-3663
PUBLISHED: 2019-11-14
Unprotected Storage of Credentials vulnerability in McAfee Advanced Threat Defense (ATD) prior to 4.8 allows local attacker to gain access to the root password via accessing sensitive files on the system.