Magecart Presents an Unprecendented Threat

July 16, 2018 Published in: News Author: Vedran Bozicevic

Recently we learned that the previously disclosed Ticketmaster UK breach from a few weeks ago was not a one-off event but instead part of a widespread website digital credit card skimming operation that impacted over 800 ecommerce sites around the world.

On the surface, even an attack of this size isn’t necessarily out of the norm in today’s threat landscape of highly sophisticated actors. However, if we consider the true impact of this event it is absolutely astonishing. The Target attack on in-store point-of-sale systems from a few years ago was frightening, and that was only one organization. Given the growing consumer shift away from in-store towards ecommerce and the sheer number of global merchants affected by Magecart, this event is chilling in scope.

It’s likely that the more than 800 compromised sites in this attack are just the tip of the iceberg given the amount of time that this attack was running undetected. Similar attacks on major global airlines, online electronics merchants, online mass merchants and credit rating agencies have recently been reported as exploited by this same attack vector.

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Read more: Help Net Security

Vedran Bozicevic

I am a digital marketer with several years of experience with various types of online marketing technologies and channels. Before joining GlobalDots, my experience included working as a content marketing manager for a software development company, and several others marketing positions where I worked on digital marketing strategies and channels.

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