Attacks/Breaches

1/15/2019
04:45 PM
50%
50%

Report: Bots Add Volume to Account Takeover Attacks

Bots that can launch hundreds of attacks per second are making account takeover fraud more difficult to defend against.

Modern malicious botnets can do far more than launch huge DDoS attacks: According to a new report, criminals participating in account takeover activities are using botnets to launch more than 100 of these attacks every second.

The report, published by e-commerce fraud prevention company Forter, says that between 20% and 30% of all account takeover attacks are launched by organized fraud rings, and these organized groups are seeing greater success. More than 80% of all account takeover attacks are launched by fewer than 10% of the attackers targeting the site.

Organizations that offer more services on their web sites may increase customer loyalty, but they also increase their site's attractiveness to criminals, says the report. Loyalty programs, for example, increase their risk of account takeover attacks by as much as 200%.

As for prevention, the report points out that a focus solely on the point of transaction may be misguided, since fraud actors may well have been watching a victim's behavior for days or weeks.

For more, read here.

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
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
1/16/2019 | 9:27:51 AM
Loyalty Programs
Loyalty Programs increase a sites malicious attempts by 200%. That's an interesting metric. I wonder if there is any of service that yields similar metrics in terms of attractiveness for attackers.
New Free Tool Scans for Chrome Extension Safety
Dark Reading Staff 2/21/2019
Making the Case for a Cybersecurity Moon Shot
Adam Shostack, Consultant, Entrepreneur, Technologist, Game Designer,  2/19/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
5 Emerging Cyber Threats to Watch for in 2019
Online attackers are constantly developing new, innovative ways to break into the enterprise. This Dark Reading Tech Digest gives an in-depth look at five emerging attack trends and exploits your security team should look out for, along with helpful recommendations on how you can prevent your organization from falling victim.
Flash Poll
How Enterprises Are Attacking the Cybersecurity Problem
How Enterprises Are Attacking the Cybersecurity Problem
Data breach fears and the need to comply with regulations such as GDPR are two major drivers increased spending on security products and technologies. But other factors are contributing to the trend as well. Find out more about how enterprises are attacking the cybersecurity problem by reading our report today.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-9047
PUBLISHED: 2019-02-23
GoRose v1.0.4 has SQL Injection when the order_by or group_by parameter can be controlled.
CVE-2019-9062
PUBLISHED: 2019-02-23
PHP Scripts Mall Online Food Ordering Script 1.0 has Cross-Site Request Forgery (CSRF) in my-account.php.
CVE-2019-9063
PUBLISHED: 2019-02-23
PHP Scripts Mall Auction website script 2.0.4 allows parameter tampering of the payment amount.
CVE-2019-9064
PUBLISHED: 2019-02-23
PHP Scripts Mall Cab Booking Script 1.0.3 allows Directory Traversal into the parent directory of a jpg or png file.
CVE-2019-9065
PUBLISHED: 2019-02-23
PHP Scripts Mall Custom T-Shirt Ecommerce Script 3.1.1 allows parameter tampering of the payment amount.