The e-commerce market continues to grow every year. According to FTI consulting, in Q1 2024, online retail comprised 57% of total sales in the US, and it is expected to increase by 9.8% over 2023 by the end of this year.
In Europe, 72% of those aged 16–74 buy online, their share growing by the year. Globally, according to eMarketer, e-commerce sales are to reach $6.9 trillion by the end of 2024. Kaspersky researchers closely monitor the evolving landscape of shopping-related cybersecurity threats. Each year, they track how cybercriminals target this rapidly expanding sector and the challenges they pose to consumers, especially during peak shopping seasons. As shoppers seek the best deals in the run-up to major sales events like Black Friday, cybercriminals and fraudsters gear up to exploit this demand, attempting to steal personal data, funds, and spread malware through deceptive shopping lures.
Read more…
Source: Kaspersky
Related:
- Toronto Public Library uncertain whose data stolen in October cyber attack
February 20, 2024
The Toronto Public Library needs more time to investigate whether cardholder, volunteer and donor data has been compromised during a serious cyberattack four months ago. In a final report to the board on the October 2023 security breach that the library said exposed the personal data of staff and family members, it said it is “currently ...
- ConnectWise Releases Critical Security Update for ScreenConnect
February 20, 2024
ConnectWise has released a security update addressing two vulnerabilities in on-premise ScreenConnect deployments. The update addresses a critical authentication bypass vulnerability with a CVSSv3 score of 10 and a path traversal vulnerability with a CVSSv3 score of 8.4. A remote unauthenticated attacker could exploit these vulnerabilities to read arbitrary files, gain root access on the underlying ...
- Law enforcement disrupt world’s biggest ransomware operation
February 20, 2024
In a significant breakthrough in the fight against cybercrime, law enforcement from 10 countries have disrupted the criminal operation of the LockBit ransomware group at every level, severely damaging their capability and credibility. LockBit is widely recognised as the world’s most prolific and harmful ransomware, causing billions of euros worth of damage. This international sweep follows ...
- Cambridge faces cyber attack
February 19, 2024
The University faced a cyberattack yesterday (20/02), which is affected internet and services across multiple UK higher education institutions. Students at various colleges were notified of the attack, which affected access to IT services such as CamSIS and Moodle. An internal email revealed that the incident was a Distributed Denial of Service (DDoS) attack, described as ...
- UK: Council worker took tens of thousands of email addresses in massive data breach
February 19, 2024
A massive data breach by a worker at Stratford-on-Avon District Council saw tens of thousands of email addresses taken. The breach, which happened in November last year, was over a database of email addresses given by residents, the authority said. The probe found that around 79,000 email addresses from the garden waste collection database were affected. ...
- SolarWinds Releases Critical Security Updates for Access Rights Manager
February 19, 2024
SolarWinds has released security updates addressing five remote code execution (RCE) vulnerabilities in Access Rights Manager (ARM). Path traversal vulnerabilities, CVE-2024-23476 and CVE-2024-23479, are both rated as critical with a CVSSv3 score of 9.6. An unauthenticated attacker could exploit these vulnerabilities, which could lead to RCE. Read more… Source: NHS Digital