Security Magazine Covers Report on Pandemic-Fueled Cyber Threats, Hacks & Vulnerability Exploits

Hikvision on the Rise in COVID-19 Phishing Attacks, Hacks and Vulnerability Exploits, and Tips to Stay Safe

A new report by digital risk security provider, Digital Shadows, found the coronavirus pandemic is leading to hacks and vulnerability exploits by cybercriminals, according to an article in Security magazine.

From the article: “Tracking how the market is changing in real time, Digital Shadows has observed that some operations have quickly curtailed their activity while the majority of malicious actors are capitalizing on the crisis, noting, for example, that an increase in online transactions has potentially bolstered success rates for credit and debit card fraud.”

Research found cybercriminal forums discussed the increase in online shopping and in-shop “cashless” payments, which could pose an exploitable vulnerability. Forum discussions also implied that this growth in “online shopping could lead to increased online fraud for a number of reasons, including less cyber-savvy consumers using online platforms more than they usually would and businesses standing up rushed online shopping systems that don’t protect customer details as well as they could,” according to the article.

For more about COVID-19 and cybersecurity insights and tips, check out Hikvision’s recent blogs on phishing attacks, hacks and vulnerability exploits.