Blog article
See all stories ยป

An article relating to this blog post on Finextra:

Security experts uncover online supermarket for stolen cards

A Web site selling stolen credit card data in bulk and offering guarantees and volume discounts to large-scale fraudsters has been uncovered by experts at online security firm Finjan.


See article

Stolen data exchanges provide an economic indicator?

On the black card data market Australian potential victims are highest priced well ahead of the UK and US much cheaper - perhaps it might provide an interesting economic indicator to follow.

I would have thought that most of the sites selling data are fake traps or 'honeypots' for would-be amatuer fraudsters, perhaps I'm a little more pro-active minded than law enforcement.

Maybe the answer to all that personal and financial data out there for sale is to post as much rubbish false account numbers and data about yourself as you can, everywhere over the interent, just like when a site asks too much and you fill in rubbish? 
The real crooks may be a little smart for that, but it might be worth a try.

Maybe a whole swag of fake merchants with easy to steal customer details, just like real ones, and why not a few fake banks as well? Go hard enough to make the odds of data being real about the same as winning a lottery. Information overload!

Hey - anyone want to invest in my new 'credit-card-numbers-for-sale.r.us' site? It's safe,  I only need your real credit card number and you'll get the money back from the charity after we give it to the buyer so they can test a few with a donation to a charity. A few charitable donations and we can make thousands from the crooks at $14 per fake card details.
FI investors preferred because they can fake the numbers better and Ausies, Italians, Brits, and Americans need only apply, it's not a race or cultural thing, it's about demand.

Another after school earner for the kids is loading 'bots' or trojans into home computers for criminal groups to steal account data and fake google clicks. For example, installing spyware on 1,000 machines in Australia earns $100 but only $50 in the US.

Country: Price $ USD per 1000 unique loads:
AU         100
IT          60
UK         60
US         50
UK         60
NL         25
FR         25
DE         25
ES         25
GR         25
PL          18
Other      18
Asia         3

Asia will have to lift their game if we are going to make any big money selling their fake data, although the bigger turnover could be there. Do these prices truly reflect potential yield through weaker security or higher income?

Perhaps there's even a futures market product in this for hedge funds and banks?

 

3500

Comments: (0)