"Fake Online Stores Scam Over 850,000 Shoppers"
"Fake Online Stores Scam Over 850,000 Shoppers"
Security researchers at Security Research (SR) Labs have warned online shoppers to be on their guard after revealing news of an extensive network of fake e-commerce stores designed to steal victims’ card details and cash. Operated primarily from China, the researchers noted that the BogusBazaar network has processed over one million orders since 2021. The researchers estimated that over 850,000 shoppers have already fallen victim, mostly from Western Europe and the US.