Amazon claims that an "extended" fraud has allowed cyber criminals to siphon money from vendor accounts

British legal documents obtained by Bloomberg show that the titr e-commerce Amazon is the prey of an "extensive" fraud that has allowed cybercriminals to access a hundred accounts of sellers and fired from the 39; money on their bank accounts, the company having confirmed to the news agency that she had completed an investigation into the incident.

Amazon's lawyers indicated in the document that they thought the fraud had occurred over a period from May 2018 to October 2018, with the attackers successfully modifying the associated bank identification information the accounts of the Central Seller for the benefit of those they controlled at Barclays Plc and Prepay Technologies Ltd. reported. From there, it was simply starting transactions to clear the accounts, the stolen money coming from both the proceeds of the sale and commercial loans backed by Amazon.

In the documents, Amazon's lawyers have asked a London judge to authorize searches in Barclays and Prepay statements of account. They acknowledged that both institutions "innocently mingled with the wrongdoing," Bloomberg wrote, but added that such access was necessary "to investigate fraud, identify and prosecute perpetrators." reprehensible, locate the location of misappropriated funds, put an end to future wrongdoings and dissuade them. "

The legal team of Amazon wrote in the documents that she thought the information needed to break into the accounts had been obtained via phishing attacks. Thus, the incident is not necessarily due to a vulnerability of Amazon's systems. It is unclear how much money was stolen (although it was likely a lot).

Amazon has conflicting relationships with third-party merchants on its platform, with complaints about unilateral contracts, litigation over advertisements for non-money-backed products to Amazon, and reports of "no money" to Amazon. a bitter environment where merchants are competing for digital. Real Estate and Amazon issue summary judgments with an iron fist.

Vendors have reported incidents of Amazon that had pushed them to leave the third-party market, where they can control prices, to take on supplier roles in its wholesale supply chain (and vice versa). Other reports indicated that Amazon had initiated investigations to determine whether its own employees had sold sensitive business data to merchants seeking to modify the system. Amazon and its CEO, Jeff Bezos, sometimes seemed on the defensive, claiming that market sales were robust and showed that it was not too powerful.

[Bloomberg]