Hackers are reportedly targeting third-party sellers on Amazon by using stolen email and password credentials (available for purchase from previous hacks via the “Dark Web”) in a scam to post fake product deals online and pocket cash. Thieves have changed the bank info of active sellers on Amazon to steal amounts up to tens of thousands from each and have hacked less active sellers to post merchandise that does not exist, offering products at steep discounts. While PayPal and eBay have been targeted by hackers in the past, cybersecurity experts indicate that Amazon is becoming a new target. Continue reading Third-Party Sellers on Amazon Become Latest Hacking Target

Recently, the chief executives of Facebook, Google and Twitter all had their email accounts hacked. They regained control of their accounts within hours but many others — especially those who re-use passwords — haven’t been so lucky. Hackers can use software that gleans new passwords from old ones, and nearly two billion old passwords are for sale for as little as $2 on LeakedSource, a database operated anonymously. The pattern of re-using corporate passwords on LinkedIn and other sites is a growing concern. Continue reading Re-Used Passwords a Major Culprit in the Rise of Data Abuse

Hold Security, an Internet security research firm in the U.S., discovered a Russian crime ring has stolen an unprecedented amount of Internet credentials, including 1.2 billion user names and passwords, and more than 500 million email addresses. The hackers targeted websites from multiple countries and a range of businesses, from Fortune 500 companies to small websites. The crime ring is currently using the information to send spam through social networks for a fee. Continue reading Russian Criminals Obtain Passwords and More in Massive Hack