Proxy Phantom: Fraud rings flood online merchants

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Proxy Phantom: Fraud rings flood online merchants – The Cybersecurity Daily News

A massive fraud operation slamming e-commerce merchants in account takeover attacks has been revealed by researchers. Sift, a fraud protection business announced on Thursday that the ring, called Proxy Phantom, is employing over 1.5 million stolen account credentials in automated credential stuffing assaults against online merchants. To bombard a domain with login requests, credential stuffing … Continue reading Proxy Phantom: Fraud rings flood online merchants