Airport busts for 118 credit card fraudsters
A global operation to tackle online fraud led to 118 arrests across 80 airports last week, Europol has revealed.
Naked Security – Sophos
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Cybercriminals create platform for automating rogue credit card charges
Cybercriminals have a new tool to make the most of stolen credit card details before payment processors detect the fraud, security researchers warn.
A Web-based application called the Voxis Platform is being advertised on underground forums as a tool for cashing out money from stolen credit cards by automating fraudulent purchases, according to security researchers from cybercrime intelligence firm IntelCrawler.
There are three main parties involved in every online transaction: the buyer, the seller and a payment processing provider that operates a payment gateway. In order to receive money from transactions, the seller needs to have a merchant account registered with the payment gateway.
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Hacker-hunters finger ‘Keyser Soze’ of Russian underground card sales – Register
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Hacker-hunters finger 'Keyser Soze' of Russian underground card sales
Register This interest in crypto-currencies has spawned malware development. "The use of malware-based botnets to mine Bitcoins has also become so developed that botnet renting through services like SkyShare has become a reality. Stealing from crypto-currency … The Russian Epicenter of Cybercrime Ramps Up the Sophistication |
Kmart hacked, exposing customers’ card numbers
Sears Holding Corp. said Friday the payment systems at its Kmart retail chain had been breached as a result of malware, compromising shoppers’ credit and debit card numbers.
The U.S. retail chain’s payment systems were infected with a form of malware that went undetected by its anti-virus systems, Sears said. There is no evidence that Kmart shoppers’ personal information, PIN numbers, email addresses or Social Security numbers were stolen, and the malware has since been removed, Sears said.
A forensic investigation indicates that the breach began in early September, Sears said. Kmart’s IT team discovered the breach only this Thursday.
Sears did not have enough information to say roughly how many credit and debit card numbers were compromised, a spokesman said in an interview.
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