Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

SMS-based phishing attacks are nothing new. They’ve been around in one form or another since the technology became mainstream in the mid-90s, and more so since the introduction of smartphones a decade and a half ago. However, in their latest incarnation, AKA Smishing, such attacks are progressively executed on a scale never seen before. In the last couple of months, Cyberint has seen an increase of SMS phishing attacks targeting the customers of retail companies.

In the last couple of decades, the retail industry has seen dramatic changes, both on the business and on the consumer side. Perhaps the most notable one is buyers’ ever-increasing shift from physical “brick-and-mortar” retailers to online e-commerce platforms. Unfortunately, this has also been accompanied by more and more fraudulent activities, which in turn required for more digital checks and balances.

Retail and ecommerce web applications are big targets for hackers. Attack surface assessment is important to help build a complete risk profile of web applications and combat opportunistic hackers looking for vulnerabilities to exploit. Here’s how the biggest online retailers fare against the most common application attack vectors

Coronavirus 2019 (COVID-19) stopped many things in 2020. While in-store holiday shopping may be greatly reduced for some, there’s still a lot of shopping happening online. Near the end of November 2020, Statista revealed that holiday retail sales were expected to grow approximately 3.6% over the previous year. And Adobe Analytics reported that online sales would likely rise 33% to a record $189 billion.

Pricing can be a thorny task. Pricing challenges and intense competition in ecommerce markets have shot up drastically in the emerging age of internet because of price transparency. There is always a cheaper alternative or a costlier alternative of almost everything you see on an e-commerce website. Any person with a high threshold of time would explore all the options before investing the money into something.