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Account hacking on Amazon

November 6, 2017

Cybercriminals have learned how to hack online seller profiles. They use them to post phony bargains and defraud the buyers. The consequences are angry customers, discredited sellers and millions of euros in damage.

https://p.dw.com/p/2n7dF

Cybercriminals are learning how to hack seller-profiles in online shopping sites. Once in, they post phony bargains and get prospective customers to transfer their payments to the hackers' own bank accounts. The money is never to be seen again. The buyers are ripped off, and the online sellers' reputations are ruined. The financial losses run into the millions of euros.