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Hackers Steal Customers' Credit Cards From Newegg Electronics Retailer

Hackers Steal Customers' Credit Cards From Newegg Electronics Retailer

Sep 19, 2018
The notorious hacking group behind the Ticketmaster and British Airways data breaches has now victimized popular computer hardware and consumer electronics retailer Newegg. Magecart hacking group managed to infiltrate the Newegg website and steal the credit card details of all customers who entered their payment card information between August 14 and September 18, 2018, according to a joint analysis from Volexity and RiskIQ . Magecart hackers used what researchers called a digital credit card skimmer wherein they inserted a few lines of malicious Javascript code into the checkout page of Newegg website that captured payment information of customers making purchasing on the site and then send it to a remote server. Active since at least 2015, the Magecart hacking group registered a domain called neweggstats(dot)com on August 13, similar to Newegg's legitimate domain newegg.com, and acquired an SSL certificate issued for the domain by Comodo for their website. A day l
Dixons Carphone Data Breach Affects 10 Million Customers

Dixons Carphone Data Breach Affects 10 Million Customers

Jul 31, 2018
Dixons Carphone's 2017 data breach was worse than initially anticipated. In an announcement on Monday, Dixons Carphone, one of the largest consumer electronics and telecommunication retailers in Europe, admitted that the breach affected around 10 million customers, up from an initial estimate of 1.2 million people the company acknowledged back in June. The company, which has been investigating the hack since it was discovered in June this year, said the investigation is nearly over and now there is evidence that some of the data may have been taken from its systems. The Carphone Warehouse and Currys PC World owner said the hackers may have accessed personal information of its affected customers including their names, addresses and email addresses last year. The hackers also got access to 5.9 million payments cards used at Currys PC World and Dixons Travel, but nearly all of those cards were protected by the chip-and-pin system . However, Dixons Carphone assured its cust
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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