Formjacking Is the New Favorite Hack of Cyber Crooks
Every month, thousands of retail websites are targeted by cyber criminals, who insert a small piece of malicious code that allows them to snatch customers’ credit card information. The hacking technique is called formjacking, and it’s the virtual equivalent of putting a device on an ATM to skim debit card numbers.
Affecting an average of 4,800 websites per month, formjacking is one of the newest favorite ways for hackers to steal personal data, according to security company Symantec’s annual Internet Security Threat Report.
Small and medium-sized businesses are still the biggest targets of formjacking, according to Symantec, but in recent months, high profile brands including British Airways and Ticketmaster have also fallen victim to attacks. Symantec said it blocked more than 3.7 million formjacking attacks on websites in 2018, with one-third of those happening during the holiday shopping season. Read more:
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