Forget Phishing and Ransomware. Formjacking Is the New Favorite Hack of Cyber Crooks

Alyssa Newcomb reports:

Every month, thousands of retail websites are targeted by cyber criminals, who insert a small piece of malicious code that allows them to snatch customers’ credit card information. The hacking technique is called formjacking, and it’s the virtual equivalent of putting a device on an ATM to skim debit card numbers.

Affecting an average of 4,800 websites per month, formjacking is one of the newest favorite ways for hackers to steal personal data, according to security company Symantec’s annual Internet Security Threat Report.

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