Attackers stole multiple Amazon seller accounts
E-commerce and technology company Amazon suffered a network attack, hackers invaded the accounts of more than 100 sellers, and fraudulently stolen account funds.
According to reports, the attack occurred between May and October 2018, hackers attacked Amazon’s sellers’ accounts of financial institutions such as Prepay and Barclay. After the hacker modifies the account information, the funds will enter the bank account controlled by the hacker.
Amazon is still not sure how much money the hacker has successfully obtained, but it is believed that everything starts with phishing, and hackers trick Amazon sellers into providing detailed account information such as login credentials and financial information. Amazon said it is working with financial institutions to try to track fraudulent transactions. According to information security services, phishing attacks are still a very common method of cyber attacks and it is not difficult to attack large targets.
According to experts from the International Cyber Security Institute, the recent cryptocurrency trading platform, Binance was stolen for 40 million US dollars (about 7,000 bitcoins), and phishing is one of the technologies used by hackers. Information security services experts recommend that Amazon users not share login credentials or financial information with others, and companies never ask for confidential data from users via email.
Via: TechSpot