News and Updates on Information Technology

United States – Magento

Exploit: Skimming (MageCart) 
Magento: eCommerce Platform

Risk to Small Business: 1.775 = Severe

Adobe’s Magento platform experienced a nasty skimming attack last weekend that compromised almost 2,000 online stores this with MageCart malware to steal credit cards. The attack started Friday when ten stores were infected with a credit card skimming script, then ramped up on Saturday with 1,058 sites hacked, 603 more on Sunday, and an additional 233 on Monday to finish out a long weekend of cybercrime. The hacked shops were using Magento version 1, which ended support in June.

Individual Risk: 1.872 = Severe

No details have been provided about which stores were impacted. Anyone who made a purchase over the weekend from a store powered by Adobe Magento should be alert for credit card fraud

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: When you’re running a hosting platform, especially one that empowers financial transactions, clients expect you to have cybersecurity under control, and will be less likely to do business with a company that fails at that basic requirement.