The holiday season is kicking into full gear, and so is the annual holiday cybercrime surge. As gift givers scour the web to seek out the best deals, cybercrooks put in extra work to profit off of the holiday shopping frenzy.
Cybersecurity researchers report that this annual holiday fraud cycle has firmly established itself in recent years. The bad guys always follow the money and, at this point, once we round into Black Friday and Cyber Monday the money inevitably pours into online shopping channels.
“Cybercriminals thrive during peak holiday shopping,” security researcher Emily Wilson of Terbium Labs told Credit Union Times in a recent report. “The hustle and bustle of transactions and unusual shopping patterns create countless opportunities to capture payment data and attempt fraudulent transactions”
Cyber criminals are looking to take a bite of the profit through a number of different attack methods, including… Security Boulevard