Attacks/Breaches

6/6/2018
12:10 PM
50%
50%

Five Indicted for Conning Target, Shoppers Out of Nearly $800K

Members of a fraud ring were charged with compromising Target's internal gift-card system and defrauding customers out of almost $800,000.

A federal grand jury has charged five members of a fraud ring with compromising the internal gift-card system at Target and defrauding both the company and its customers out of nearly $800,000, the Department of Justice reported today.

Between May and December 2017, the perpetrators allegedly stole $785,000 in gift-card balances and sold illegally purchased products and gift cards for bitcoin over an online marketplace. They used an algorithm to reverse-engineer and figure out the bar-code numbers on authentic gift cards and verified their balances through Target's automated customer service line. From there, they could load active card numbers into a mobile app or electronic wallet and shop at Target using the cards.

When legitimate shoppers tried to use their gift cards, they found the balance was zero. Target altered its gift card system in December 2017 and put an end to the fraudsters' operation. All those indicted are being charged with wire fraud, which is punishable by up to 20 years in prison.

Read more details here.

 

Top industry experts will offer a range of information and insight on who the bad guys are – and why they might be targeting your enterprise. Click for more information

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
REISEN1955
50%
50%
REISEN1955,
User Rank: Ninja
6/7/2018 | 3:09:45 PM
Part of me laughs
As some of the callers from the famous IRS TAX SCAM ask for payment in - true - Target Gift cards.  I would love it if THEY were hit by another scam!
New Cold Boot Attack Gives Hackers the Keys to PCs, Macs
Kelly Sheridan, Staff Editor, Dark Reading,  9/13/2018
Yahoo Class-Action Suits Set for Settlement
Dark Reading Staff 9/17/2018
RDP Ports Prove Hot Commodities on the Dark Web
Kelly Sheridan, Staff Editor, Dark Reading,  9/17/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Flash Poll
How Data Breaches Affect the Enterprise
How Data Breaches Affect the Enterprise
This report, offers new data on the frequency of data breaches, the losses they cause, and the steps that organizations are taking to prevent them in the future. Read the report today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-3912
PUBLISHED: 2018-09-18
Bypassing password security vulnerability in McAfee Application and Change Control (MACC) 7.0.1 and 6.2.0 allows authenticated users to perform arbitrary command execution via a command-line utility.
CVE-2018-6690
PUBLISHED: 2018-09-18
Accessing, modifying, or executing executable files vulnerability in Microsoft Windows client in McAfee Application and Change Control (MACC) 8.0.0 Hotfix 4 and earlier allows authenticated users to execute arbitrary code via file transfer from external system.
CVE-2018-6693
PUBLISHED: 2018-09-18
An unprivileged user can delete arbitrary files on a Linux system running ENSLTP 10.5.1, 10.5.0, and 10.2.3 Hotfix 1246778 and earlier. By exploiting a time of check to time of use (TOCTOU) race condition during a specific scanning sequence, the unprivileged user is able to perform a privilege escal...
CVE-2018-16515
PUBLISHED: 2018-09-18
Matrix Synapse before 0.33.3.1 allows remote attackers to spoof events and possibly have unspecified other impacts by leveraging improper transaction and event signature validation.
CVE-2018-16794
PUBLISHED: 2018-09-18
Microsoft ADFS 4.0 Windows Server 2016 and previous (Active Directory Federation Services) has an SSRF vulnerability via the txtBoxEmail parameter in /adfs/ls.