New Cyber Theft Group Uses Revitalized Tricks To Target Online Merchants


Sift discovers cybercrime fraud ring Proxy Phantom

A new fraud ring called Proxy Phantom is using sophisticated credential stuffing attack methods to take over customer accounts for U.S.-based e-commerce merchants. The latest research from digital trust and safety firm Sift demonstrates fraudsters’ relentless innovation and reinforces retailers’ need to double down on fraud protection as the holiday shopping season rapidly approaches. The post New Cyber Theft Group Uses Revitalized Tricks To Target Online Merchants appeared first on TechNewsWorld.



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