How to tell if your company is a scammer
Wayfair, a popular retailer, is the latest tech company to be investigated for fraud and money laundering, according to new research.
Researchers at the Center for Cybersecurity Research at the University of Texas at Austin have identified a new malware that’s used to steal customers’ personal information from a variety of retailers.
In a research paper published in the journal Security & Privacy, researchers at UT Austin identified a variant of the malware called Wafre, which has a range of different features.
The malware can be downloaded by any user, and it can be installed on a wide range of devices, including laptops, mobile phones, tablets and TVs.
Wafre uses the same methods that attackers have used to infiltrate banking systems to steal the customer information.
The researchers identified the malware as Wafra3.
The malware is believed to be related to an attack last year on a bank in Russia that compromised the accounts of millions of its customers.
The malware was also discovered on two separate occasions in 2013 and 2014 in China, according the researchers.
A spokesperson for Wayfair did not immediately respond to The Hill’s request for comment.