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!
Why CISOs Need a Security Reality Check
Joel Fulton, Chief Information Security Officer for Splunk,  6/13/2018
Cisco Talos Summit: Network Defenders Not Serious Enough About Attacks
Curtis Franklin Jr., Senior Editor at Dark Reading,  6/13/2018
Four Faces of Fraud: Identity, 'Fake' Identity, Ransomware & Digital
David Shefter, Chief Technology Officer at Ziften Technologies,  6/14/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-8030
PUBLISHED: 2018-06-20
A Denial of Service vulnerability was found in Apache Qpid Broker-J versions 7.0.0-7.0.4 when AMQP protocols 0-8, 0-9 or 0-91 are used to publish messages with size greater than allowed maximum message size limit (100MB by default). The broker crashes due to the defect. AMQP protocols 0-10 and 1.0 a...
CVE-2018-1117
PUBLISHED: 2018-06-20
ovirt-ansible-roles before version 1.0.6 has a vulnerability due to a missing no_log directive, resulting in the 'Add oVirt Provider to ManageIQ/CloudForms' playbook inadvertently disclosing admin passwords in the provisioning log. In an environment where logs are shared with other parties, this cou...
CVE-2018-11701
PUBLISHED: 2018-06-20
FastStone Image Viewer 6.2 has a User Mode Write AV at 0x005cb509, triggered when the user opens a malformed JPEG file that is mishandled by FSViewer.exe. Attackers could exploit this issue for DoS (Access Violation) or possibly unspecified other impact.
CVE-2018-11702
PUBLISHED: 2018-06-20
FastStone Image Viewer 6.2 has a User Mode Write AV at 0x00578cb3, triggered when the user opens a malformed JPEG file that is mishandled by FSViewer.exe. Attackers could exploit this issue for DoS (Access Violation) or possibly unspecified other impact.
CVE-2018-11703
PUBLISHED: 2018-06-20
FastStone Image Viewer 6.2 has a User Mode Write AV at 0x00402d6a, triggered when the user opens a malformed JPEG file that is mishandled by FSViewer.exe. Attackers could exploit this issue for DoS (Access Violation) or possibly unspecified other impact.