Quote:Cybercriminals are tapping into Amazon’s annual discount shopping campaign for subscribers, Prime Day, with researchers warning of a recent spike in phishing and malicious websites that are fraudulently using the Amazon brand.
There has been a spike in the number of new monthly phishing and fraudulent sites created using the Amazon brand since August, the most significant since the COVID-19 pandemic forced people indoors in March, according to a Thursday report from Bolster Research.
“As shoppers gear up for two days of great deals, cyber criminals are preparing to prey on the unwary, taking advantage of those who let their guard down to snap up bargains,” researchers wrote.
Prime Day actually happens over two days—this year the event falls on Oct. 13 to 14. Amazon Prime customers enjoy special sales and discounts on top brands to mark the biggest shopping event of the year on the online retail giant’s site.
Amazon last year yielded over $7 billion in sales during the 36-hour event[sup], [/sup]which could go even bigger this year due to “the decline of brick and mortar retail and the close proximity to the holidays,” researchers noted. Indeed, mandatory stay-at-home orders globally that began with the COVID-19 pandemic in March have significantly boosted Amazon’s business, a trend that shows no signs of abating.
Researchers analyzed hundreds of millions of web pages to track the number of new phishing and fraudulent sites using the Amazon brand and logos. Its research shows threat actors taking advantage of both Amazon features and consumer behaviors to try to lure online shoppers to fraudulent sites that can steal their credentials, financial information and other sensitive data.
Read more: https://threatpost.com/amazon-prime-day-...ks/159960/
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