BetaONE will rise again!


Reply
  #1  
Old 7th Jul 07, 06:04 AM
NewsBot's Avatar
NewsBot NewsBot is offline
Senior Member
 
Join Date: Oct 2004
Posts: 30,945
NewsBot will become famous soon enough
Credit card thieves donate to charity to test cards
*Source: News.com (http://news.com.com/8301-10784_3-9740300-7.html)*
_______
Years ago, the method used by criminals to see whether a stolen credit card was still active was to charge a penny to the account. If it was authorized, the criminal could then purchase more substantial goods using that card. Credit card companies and banks have both gotten wiser. Today, they look for penny purchases as well as random gas station purchases, for example, as early warning flags. Well, the criminals may have outsmarted everyone this time.

According to a Symantec enterprise security blog (http://www.symantec.com/enterprise/s...with_cha.html), criminals are now attempting to pay small amounts to various charities, including the Red Cross. The criminals can determine the value of the stolen card depending on the success or failure of the transaction. Active credit card accounts sell for higher values on the Internet black market.

More...
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Restaurants Test Table Card Readers NewsBot DriverHeaven News 0 7th Jul 07 06:04 AM
Secret Service helps bust ID, credit card theft rings NewsBot NeoWin News 0 26th Jun 07 09:15 AM
Technology 'fingerprints' valid credit cards, flags bogus ones NewsBot DriverHeaven News 0 19th May 07 09:03 AM
Hackers Steal Credit Card Details of 19,000 AT&T Customers NewsBot NeoWin News 0 30th Aug 06 04:30 PM
Google bosses have their credit card rejected Alpine BetaONE News 0 6th Feb 06 10:58 PM


All times are GMT +1. The time now is 08:23 PM.


Design by Vjacheslav Trushkin for phpBBStyles.com.
Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.