Cybercrime study: $15 for credit card details
The latest research from Web security company Finjan, released on Tuesday, outlines a pyramid of hackers, data sellers, managers and malicious programmers, all working in a fluid management structure in order to profit from cybercrime. Finjan researchers joined forums where credit card details and other data is sold, knowns as “carding sites.” They impersonated interested data buyers while collecting intelligence on the operations’ management hierarchy, said Yuval Ben-Itzhak, Finjan’s CTO. “We kind of had a feeling that something had changed there,” Ben-Itzhak said. “There is something even more organized there.” When a person’s credit card details are stolen, the details are sold on the carding Web sites, where salespeople offer a menu of available information.
Those salespeople don’t exploit the data they possess but rather seek to sell it to someone who does. Those salespeople also aren’t responsible for the hacking. The data is supplied by affiliate networks, or groups of hackers who get paid to infect machines with malicious software and steal data. Those networks often have a campaign manager, someone who oversees a particular set of attacks. Sellers offered “dumps” or batches of credit card numbers: MasterCard Standard and Visa Classic card numbers and security codes go for $15 each, with Visa Gold or Corporate details going for up to $90. Data often comes with a guarantee, with many data sellers offering to replace cards that don’t work or are reported as stolen. But Finjan and other security vendors have said that the price of a credit card number has been falling as the market as the amount of sensitive data on the market has increased.
Source: PC World
Comments(19)
My botnet is 70 000 now so I can sell peoples passwords too.
Im using infected machines and using them as proxies.
I will infect you with doom.
I WISH SOMEONE WOULD STEAL YOUR LIFE MARTIN
anyone try that with my ill personally find them cut their d1ck off..
I don’t understand why the people taking the data don’t use the cards for cash. It doesn’t make any sense they would sell them for 15 bucks each when they could get potentially 1000’s of dollars off each card. It must be high risk to use the card info, otherwise the initial people would use them.
i don’t use credit cards. just gold
@4
Martin has a life?
thank god I don’t have a very high limit on my card! lol
i use infected bots and habe a master list with all secrity and pin codes
@10 Dude I lost my password could you help?!
@6
The reason why identity information, is more important than CC’s is because with SIN’s and drivers license, credit card numbers, you can pretty much make up a fake ID, use their info, but a house or two, a few lines of credit and maybe a car.
1000’s of dollars vs. Homes, Boats, Cars, Lines of Credit
These guys are not stupid!
its like laundring money, they try to move and mix up the batchs and info so far from the source that its hard to trace back they have so much info that there selling crazy amounts that there making just as much as the guys using the numbers. if coke costs 20k a kilo and 200 an 1/8th than why do the columbians sell it so cheap?
show me the money!
An easier way to make a money for yourself, is to set up your own premium number thats extortionately exspensive to call, then simply walk around asking to use peoples mobile (cell) phones by using excuses.
I hear the Sales People working for these guys have fantastic medical and 401K. Also, with every 100th sell, 10% is donated to feed the homeless. In fact, they should have a site that let people know that their cards and personal info will be used for experimental purposes for the sake of science, or for those with awful credit have a choice to get out of it by sending there card number and info to these people, and then report it to a credit agency claiming ‘Identity theft.’ Bingo, a clean slate, just by being a volunteer victim. Viola!
It’s a good thing my credit cards are all max’ed out. It’s my way of fighting credit card theft.
Anyways, If you’re going to steal, at least steal from the large corporations with insurance that covers theft and don’t prey on the little guy. Example – http://www.timesonline.co.uk/tol/money/consumer_affairs/article4259009.ece
anyone have a link to one of these carder forums? or know of any more specific terms to google them by? obviously you cant just search for “carding forum”, I’ve tried.
send me the progamm