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All online payments could be in danger of being hacked

March 4, 2021

Via: TechRadar

Researchers have detected discussions on the dark web between cybercriminals concerning methods ways to bypass the most common security measures for online card-based transactions.

Experts from Gemini Advisory found that threat actors have adopted a strategy of using a combination of social engineering and phishing attacks to circumvent the 3D Secure (3DS) security measure.

While there are two versions of 3DS on offer, with the latter one being more technically resilient, the report notes that “phishing and social engineering schemes often transcend technical upgrades.”

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