Industry News: ESG5

2019-05-19

ChyperNews: On May 8, Amazon announced that it had fallen victim to an "extensive" fraud involving unidentified hackers letting money from trading accounts onto the platform for a six-month period. The company believes that it was a victim of a serious cyber attack and that the attackers had compromised around 100 accounts. The motive? As is the case with most of these attacks, money. As Amazon explains, that is very likely the accounts were compromised using phishing techniques that misled the sellers to give away their login details. With this information, the hackers were able to change the bank details on the Seller Central platform, so that the money earned by the sellers ended up in the criminal's accounts, according to the legal documents presented in the UK...