Collective Intelligence Podcast, Vitali Kremez on Magecart
Magecart, an umbrella term for a collective of seven cybercrime groups, has established itself as one of the top threats on the internet to e-commerce. The group is responsible for a number of high-profile breaches and distinguishes itself not only through its victim targeting, but also by the use of sophisticated digital skimmers that it manages to infect sites with in order to steal payment card information.
In this episode of the Collective Intelligence podcast, Flashpoint Director of Research Vitali Kremez and Editorial Director Mike Mimoso discuss the group’s activities and the recent release of an extensive research paper published by Flashpoint and its partner Risk IQ called “Inside Magecart.”
The report details an extensive history of the group’s activities and capabilities, and also provides users with indicators of compromise to support threat detection and mitigation efforts.
Throughout the podcast, Vitali and Mike discuss what distinguishes the seven groups from each other, how victims are targeted and compromised, and what can be done by site owners and researchers to hold this threat at bay going forward. Vitali also explains why it’s crucial to track the activities of these types of threat actors on the Deep & Dark Web, and finally, he explains the importance of collaboration and data sharing between security researchers.
The Collective Intelligence Podcast, presented by Flashpoint and hosted by Editorial Director Mike Mimoso, features regular interviews with a diverse set of industry experts and Flashpoint analysts on the latest information security news and industry trends.
Michael Mimoso brings over a decade of experience in IT security news reporting to Flashpoint. As Editorial Director, he collaborates with marketing, analyst, and leadership teams to share the company’s story. Prior to Flashpoint, Mike was as an Editor of Threatpost, where he covered security issues and cybercrime affecting businesses and end-users.
Prior to joining Threatpost, Mike was Editorial Director of the Security Media Group at TechTarget and Editor of Information Security magazine where he won several ASBPE national and regional writing awards. In addition, Information Security was a two-time finalist for national magazine of the year. He has been writing for business-to-business IT publications for 11 years, with a primary focus on information security.
Earlier in his career, Mike was an editor and reporter at several Boston-area newspapers. He holds a bachelor’s degree from Stonehill College in North Easton, Massachusetts.