BankInfoSecurity
May 5, 2021
DougOlenick) • April 9, 2021 Get Permission
Visa s Payment Fraud Disruption team reports that cybercriminals are increasingly using web shells to establish command and control over retailers servers during payment card skimming attacks. As a result, eSkimming, or digital skimming, is among the top threats to the payments ecosystem, according to the Visa report.
The web shells enable fraudsters conducting digital skimming attacks on e-commerce sites to establish and maintain access to compromised servers, deploy additional malicious files and payloads, facilitate lateral movement within a victim s network and remotely execute commands, Visa says.
The most common methods for deploying a web shell are malicious application plug-ins and PHP code, Visa reports.
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Leverage Gartner insights to fortify payment fraud prevention strategies
As businesses transform to meet shifting consumer behavior and emerging fraud patterns in digital channels, it’s never been more important to assess the comprehensive financial impact of fraud solutions.
According to Gartner, “In order to build an effective fraud detection strategy, fraud leaders must attempt to quantify how much fraud is costing their organization. This cost will lead to informed discussions about how much to invest in detecting and preventing fraud, and how to best align a fraud strategy to organizational goals.”
In this webinar, we’ll explain how to:
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