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OXO Breach

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OxoInternational, ahomeware, office supplies, and kitchen utensil manufacturer has disclosed a two-year long breach that exposed customer details in a Magecart like attacks.

Experts comments below:

Robert Capps, VP and Authentication Strategist at NuData Security:

“Once data has been stolen, it’s used in a number of ways, including account takeover and identity fraud. More recently, we’ve seen a change in the value of stolen data as more and more intuitions are implementing user authentication solutions that render stolen data valueless. The loss of credit card data is a worry for all organisations, not just the targeted company. The data lost has the potential to be lucrative in the hands of cybercriminals, who can use the card number and CVC to accurately mimic the legitimate customer in order to make fraudulent purchases, or facilitate further cybercrime. By using security layers with behavioural analytics and passive biometrics, businesses can look across multiple...(continued)

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