Facebook has been hacked – 50 million users’ data exposed

Facebook notified users on Sep. 28, 2018 that it discovered a security issue affecting almost 50 million accounts. A vulnerability in the “View As” feature, a feature allowing Facebook users to see how their profile looks to someone else, allowed cyber thieves to steal access tokens.

The affected users have been logged out of their account by Facebook, forcing users to generate new access token upon subsequent login. Users who use Facebook to login to other accounts and services may also be impacted. Facebook has temporarily disabled the “View As” function, while it is completing a thorough security investigation.

Read more about it here.

Akamai report: Credential stuffing attacks are rising

According to Akamai’s latest State of the Internet report on credential stuffing, credential stuffing continues to be a growing threat, with financial services companies being the major target.

Credential stuffing attacks occur when botnets try login credentials usually obtained through phishing attacks and data breaches. The bots then attempt the same credentials on banks and retailers web sites. This kind of attack is efficient, due to the bad habit of users to reuse the same username and password over multiple services and accounts.

8.3 billion malicious login attempts were detected from bots in May and June 2018, up from 6.3 billion in March and April 2018.

Read more about it here.

Newegg has been hacked

Electronic retailer Newegg has been hacked by Magecart, the same cybercrime group that hacked into British Airways.

Security companies Volexity and RiskIQ have conducted a joint investigation on the hack.

Magecart group managed to hack into the Newegg web site and steal credit card information of all customers who made purchases between August 14 and September 18, 2018.

The hackers were able to inject 15 lines of malicious JavaScript code into the checkout process at Newegg. The code collected data and sent it back to the hackers. They used a domain called neweggstats.com, which they registered just the day before the attack started.

Read more about it here.

British Airways has been hacked

According to an announcement made on their web site, personal and payment card information of 380,000 British Airways customers were stolen from users making bookings on its website and app from 22:58 BST August 21, 2018 until 21:45 BST September 5, 2018.

The stolen information included name, address, email address and credit card information; it did not include travel or passport details

The airline confirmed that the breach has been resolved, and its services are now operating normally.

In March 2015, British Airways Executive Club member accounts were hacked, however that wasn’t considered a data breach, because hackers used information available in the underground.

Read more about it here.