Yearly Archives: 2010

Fraud Bazaar Carders.cc Hacked

May 18, 2010

Carders.cc, an German-language online forum dedicated to helping criminals trade and sell consumer data stolen through hacking, has itself been hacked. The once-guarded contents of its servers are now being traded on public file-sharing networks, leading to the exposure of identifying information on both the forum’s users and countless passwords, credit and debit cards swiped from unsuspecting victims.

Teach a Man to Phish…

May 17, 2010

Phishing may not be the most sophisticated form of cyber crime, but it can be a lucrative trade for those who decide to make it their day jobs. Indeed, data secretly collected from an international phishing operation over the last 18 months suggests that criminals who pursue a career in phishing can steal millions of dollars a year, even if they only manage to snag just a few victims per scam.

A Stroll Down Victim Lane

May 10, 2010

Last week I traveled to Cooperstown, N.Y. to deliver a keynote address about the scourge of online banking fraud that I’ve written about so frequently this past year. I flew into Albany, and in the short, 60 minute drive west to Cooperstown, I passed through tiny Duanesburg, a town whose middle school district is still out a half million dollars from e-banking fraud. On my way to Cooperstown, I also passed within a few minutes of several other recent victims — including a wrecking firm based on Schenectady that lost $70,000 last month when organized thieves raided its online bank account.