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Hackers target third-party sellers on Amazon.com

Monday 10 April 2017 14:41 CET | News

Hackers have targeted third-party sellers on Amazon.com, using stolen credentials to post fake deals and steal cash.

In recent weeks, attackers have changed the bank-deposit information on Amazon accounts of active sellers to steal tens of thousands of dollars from each, according to several sellers and advisers.

Attackers also have hacked into the Amazon accounts of sellers who have not used them recently to post fake merchandise for sale at steep discounts in an attempt to steal the cash.

The fraud stems largely from email and password credentials stolen from previously hacked accounts and then sold on what has named the “Dark Web,” a network of anonymous internet servers where hackers communicate and trade illicit information.


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Keywords: Amazon, cybercrime, hack, merchant identity fraud, web fraud, dark web
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime