The expert called simplified confirmation of purchases on marketplaces a loophole for scammers.

A simplified scheme for confirming transactions, for example, only by SMS, on marketplaces opens up opportunities for intruders. If an account is hacked, they can apply for a loan or installment payment to the owner, warned Viktor Ievlev, director of information security at the Garda company.

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According to him, account hacking is a key risk for users of trading platforms.

"Attackers can not only make purchases with a linked card, but also, using simplified verification procedures, issue credit products in the name of the account holder," the expert explained.

This, as noted by Ievlev, leads to serious consequences: debts, fines and lengthy proceedings to challenge transactions. An additional problem will be account blocking due to suspected fraud, which will make it difficult to regain control.

A separate threat is the personal data available in the account.

"Hacking gives access to a phone number, address, and order history. This information is then used for phishing and targeted attacks using social engineering," the expert concluded.

Read more in the Izvestia article:

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