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05/13/2019

Amazon Merchants Affected By Cyberattack

PYMNTS.com

Amazon was the target of an “extensive” cyberattack in which hackers stole money from merchant accounts and funneled them into their own, according to a report by Bloomberg.

The attacks occurred between May and October of 2018. Amazon said the hackers compromised about 100 seller accounts, taking cash from either loans or sales and putting it into their own accounts.

In a court filing, Amazon said it was still trying to figure out how the hackers got access to the accounts, but thinks the assailants somehow changed account details on the Seller Central platform to their own accounts at Barclays and Prepay Technologies.

Amazon lawyers have asked a judge in London to allow them to search account statements from the financial institutions, which Amazon says “have become innocently mixed up in the wrongdoing.” A spokesperson for Amazon said criminals can target sellers with phishing emails asking for personal information.

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