Report: Fraudsters zero in on Amazon marketplace merchants

4/11/2017

Amazon’s third-party sellers are hackers’ latest victims.



In recent weeks, attackers targeted the growing population of third-party sellers on Amazon.com, using stolen credentials from dormant accounts to sell nonexistent merchandise at bargain prices, and then collect the cash, according to Fox Business.



These breaches have cost some merchants thousands of dollars, and each one is on the hook to reimburse customers who never received their mer-chandise, the report said.



According to a statement from Amazon spokesman Erik Fairleigh, the company "is constantly innovating on behalf of customers and sellers to ensure their information is secure and that they can buy and sell with confidence on Amazon.com."



The statement also suggested that people monitor their accounts on a reg-ular basis and turn on two-factor authentication, sending a code to their phone and adding an extra layer of security, according to the report.



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