Security News
Organized criminal groups exploited a flaw in Revolut's payment systems and made off with $20+ million of the company's money, the Financial Times reported on Sunday, citing people with knowledge of the situation. Revolut is a privately held financial technology company that offers a variety of services to over 30 million customers around the globe.
Malicious actors exploited an unknown flaw in Revolut's payment systems to steal more than $20 million of the company's funds in early 2022. The development was reported by the Financial Times, citing multiple unnamed sources with knowledge of the incident.
The WooCommerce Stripe Gateway plugin for WordPress was found to be vulnerable to a bug that allows any unauthenticated user to view order details placed through the plugin. WooCommerce Stripe Payment is a payment gateway for WordPress e-commerce sites, which currently has 900,000 active installations.
A former IT security analyst at Oxford Biomedica has admitted, five years after the fact, to turning to the dark side - by hijacking a cyber attack against his own company in an attempt to divert any ransom payments to himself. Ashley Liles, of Letchworth Garden City, Hertfordshire, pleaded guilty at Reading Crown Court to blackmail and unauthorized access to a computer with intent to commit other offences on May 17 following an investigation by the South East Regional Organised Crime Unit.
The FBI and Ukrainian police have seized nine cryptocurrency exchange websites that facilitated money laundering for scammers and cybercriminals, including ransomware actors. The seized sites allowed users to anonymously convert cryptocurrency into harder-to-trace coins to obscure the money trace and help cybercriminals launder their pilfers without being traced by law enforcement.
The increase in reported ransomware victims across Q1 2023 reflects the continued prevalence of ransomware as a worldwide, industry agnostic threat, according to GuidePoint Security. The report is based on data obtained from publicly available resources, including threat groups themselves, and insight into the ransomware threat landscape.
Two execs and a multinational payment processing company must pay $650k to the US government, says the FTC, which accuses them of knowingly processing credit card payments for Microsoft-themed support scammers. The Justice Department and the Feds claim [PDF] Nexway, along with a web of related companies based in France, Switzerland, Germany, and the US, violated the FTC Act and the Telemarketing Sales Rule by processing payments for India-based Tech Live Connect and "Other foreign clients" that commit telemarketing fraud via tech support scams all over the world, although the agency and the department are regulating the United States side of things.
For context, digital skimming attacks occur when threat actors deploy malicious code onto a merchant website where they target their checkout pages to scrape and harvest consumer payment account data, such as primary account number, card verification value, expiration date and personally identifiable information. Cryptocurrency bridge services were a favored target for threat actors in 2022 and from January through early October 2022, the cryptocurrency ecosystem experienced 13 separate bridge attacks totaling $2B. What can payment processors and e-commerce merchants do to help protect themselves against enumeration attacks?
Interestingly, WooCommerce suggests that even if attackers had found and exploited this vulnerability, the only information about your logon passwords they'd have been able to steal would have been so-called salted password hashes, and so the company has written that "It's unlikely that your password was compromised". As a result, it's offering the curious advice that you can get away without changing your admin password as long as [a] you're using the standard WordPress password management system and not some alternative way of handling passwords that WooCommerce can't vouch for, and [b] you're not in the habit of using the same password on multiple services.
OpenAI says a Redis client open-source library bug was behind Monday's ChatGPT outage and data leak, where users saw other users' personal information and chat queries.OpenAI took ChatGPT offline to investigate an issue but did not provide details as to what caused the outage.