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.

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
Oldest First  |  Newest 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.
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-2019-18923
PUBLISHED: 2019-11-13
Insufficient content type validation of proxied resources in go-camo before 2.1.1 allows a remote attacker to serve arbitrary content from go-camo's origin.
CVE-2010-4664
PUBLISHED: 2019-11-13
In ConsoleKit before 0.4.2, an intended security policy restriction bypass was found. This flaw allows an authenticated system user to escalate their privileges by initiating a remote VNC session.
CVE-2010-4817
PUBLISHED: 2019-11-13
pithos before 0.3.5 allows overwrite of arbitrary files via symlinks.
CVE-2013-3097
PUBLISHED: 2019-11-13
Unspecified Cross-site scripting (XSS) vulnerability in the Verizon FIOS Actiontec MI424WR-GEN3I router.
CVE-2013-3366
PUBLISHED: 2019-11-13
Undocumented TELNET service in TRENDnet TEW-812DRU when a web page named backdoor contains an HTML parameter of password and a value of j78G�DFdg_24Mhw3.