Credential stuffing is a cyberattack method in which attackers use previously stolen login credentials to access user accounts on various online platforms.
Credential stuffing poses a significant threat to e-commerce websites as it allows attackers to gain unauthorized access to user accounts, make fraudulent transactions, and steal sensitive information.
Credential stuffing has become increasingly common in 2020, with a growing number of cybercriminals targeting e-commerce platforms to exploit security vulnerabilities and monetize stolen credentials.
The potential consequences of credential stuffing for e-commerce businesses include financial losses, damaged reputation, and loss of customer trust.
E-commerce businesses can protect themselves against credential stuffing attacks by implementing multi-factor authentication, regularly monitoring user accounts for suspicious activities, and educating customers about the importance of strong password hygiene.
Credential stuffing is considered a major cybersecurity concern for e-commerce platforms because it leverages stolen credentials from previously breached websites to compromise user accounts and exploit weaknesses in online security systems.
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E-commerce sees surge in credential stuffing in 2020