Online Payment Fraud Rises 208% Amid Black Friday Season



[ad_1]

The growth of phishing attacks mimicking electronic payment pages has been spotted as the Black Friday period approaches. The total number of financial phishing attacks disguised as electronic payment systems more than doubled from September (627,560) to October 2021 (1,935,905), indicating an increase of 208%. This finding and more can be found in Kaspersky’s “Black Friday 2021: How to Plan a Scam-Free Shopping Day” report.

Sale season attracts the attention of buyers and retailers; However, it’s also a favorite with cybercriminals who don’t hesitate to take advantage of online shoppers by creating fake pages mimicking the biggest retail platforms and electronic payment systems.

In the first ten months of 2021, Kaspersky products detected more than 40 million phishing attacks targeting e-commerce and online shopping platforms, as well as banking institutions. As stores rebounded in 2021 after a difficult 18 months and shoppers returned to offline shopping, Kaspersky researchers failed to observe the typical seasonal phishing trends associated with online shopping, such as a large influx. phishing pages with sales or growth offers that are too good to be true. retail scam.

However, there is one notable exception. In 2021, the total number of financial phishing attempts targeting electronic payment systems more than doubled from September (627,560) to October (1,935,905), an increase of 208%. Indeed, this year we have seen the introduction of new payment systems in various countries due to their unmatched convenience. As consumer adoption skyrocketed, fraudsters began actively exploiting these systems as a decoy to spread malicious activity.

The number of spam e-mails detected by Kaspersky products has also increased. An active spam spread with 221,745 emails containing the words “Black Friday” was spotted during the month in the middle of the sales season, October 27 through November 19.

Kaspersky researchers also analyzed popular platforms used as bait to spread phishing pages. The results showed that Amazon was consistently the most popular lure used, when you look at the total number of phishing attempts using its name. For the majority of 2021, the second most popular was eBay, followed by Alibaba and Mercado Libre.

We are still seeing an escalation of scams in the middle of the Black Friday season. The attention to electronic payment systems is perhaps a little more unexpected. This time around, we found a huge 208% increase in a number of attacks mimicking the most popular payment systems. Of course, every new payment application is seen by crooks as a new opportunity to potentially exploit users, ”says Tatyana Shcherbakova, security expert at Kaspersky.

“So in order to protect your data and your finances, it will be prudent to make sure that the online payment page is secure: you will know that if the URL of the web page starts with HTTPS instead of the usual HTTP and a A lock icon will also usually appear next to the URL, ”Tatyana adds. To learn more about Black Friday tips and scams, visit Securelist.com.

To enjoy the best Black Friday has to offer this year, be sure to follow a few security recommendations: Use a reliable security solution, such as Kaspersky Security Cloud, which identifies malicious attachments and blocks phishing sites. , both on your computer and on your mobile device

· Do not open attachments or click links in emails from banks, electronic payment apps, or shopping portals, especially if the sender insists. It is better to go straight to the official website and log into your account from there

Check the URL format or the spelling of the company name, read the reviews and verify the domain registration data before filling out any information

Beware of offers that sound too good to be true – they usually are

About Kaspersky

Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky’s deep expertise in threat intelligence and security is constantly being transformed into innovative security solutions and services to protect businesses, critical infrastructures, governments and consumers around the world. The company’s comprehensive security portfolio includes industry-leading endpoint protection and a number of specialist security solutions and services to tackle sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies, and we help 240,000 corporate customers protect what matters most to them. Learn more at www.kaspersky.com.

© Press release 2021

[ad_2]

Previous Jumia Egypt partners with "valU" to provide new online payment channels
Next Stripe, an online payments company, wants to stay private but will expand its services to more countries