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Ubuntu Forums Hacked – 1.82 Million Usernames Stolen

canonical logoIn a press release on their website, Canonical Ltd announced that on 14 July there was a breach of Ubuntu’s forums leading to the theft of 1.82 million of it’s users’ details. The attacker used a method known as “cross site scripting” or “XSS” which is a string of code that executes a command, in this case, to steal cookies from a logged in user. By sending this code, disguised as a hyperlink in a message to an administrator, the

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Stolen Credit Cards Just the Beginning of a Costly Cycle for eCommerce Merchants

credit cardsOn July 26th, a 5 man Eastern European credit card hacking ring was caught and broken. The defendants were discovered with over 160 million credit card and debit card numbers.  Although this is the largest bust in US history, the proliferation of this type of crime is growing and understanding the tools that these criminals use once the card numbers are exposed is critical to curb the financial damage once the card has been breached. Just as eCommerce merchants and

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What is New Account Fraud?

Create Account ButtonSometimes known as: Automated Account Creation, Account Creation Fraud Applying for new online accounts and memberships using fictional user information. The end goal of the fraudster may not be strictly financial. It can be used to “test” stolen credit card details, flood a review site with positive reviews, falsely fully book a restaurant, download software or apps many times in order to get it noticed on a ‘most downloaded’ list or ‘top rated’. Similar to Application Fraud - fraudsters will

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160 Million Credit Card Details Stolen – Largest Data Breach in the USA

judges gavelOn Thursday 25 July, US Attourney Paul Fishman announced the indictment of four Russian nationals and one Ukrainian national in “the largest hacking and data breach scheme ever prosecuted in the United States.” The 5 hackers used anonymous web hosting and a hacking method known as SQL injection to gain access to the databases of some of the largest retailers and credit card processing firms in the USA. It is expected that around 160 million credit card details were stolen, the

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Introduction to Web Fraud

computer code[text size="1.2em"] As applications move into the cloud and the web becomes more social, there are more opportunities for ‘bad actors’ to try to defraud your company or customers. [/text] [text size="1.1em"] There are infinite categories of fraud but, largely, they can be put into three categories: For Direct Monetary Gain Online Marketing, SEO or trashing the brand-attacks. Hacktivism [/text] [text size="1.1em"] 1. For Monetary Gain Often a mix of online fraud and theft, this is commonly the act of

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