Home Posts tagged "black market"
formats

250 million stolen credit cards for sale online

According to estimates from fraud prevention startup Trustev, there are 250 million compromised payment card numbers for sale in the online black market. The ease with which fraudsters can obtain this information emphasizes the importance of being able to effectively authenticate and verify identity information provided online. Trustev, an Ireland based startup and fraud prevention

(More)…

 
formats

UK and US Authorities Shut Down 36 Black Market Websites

Published on May 1, 2012, by in Case Studies.

An ongoing investigation conducted by the UK’s Serious Organized Crime Agency (SOCA), working with the FBI and the U.S. Department of Justice, resulted in the arrest of multiple fraudsters and the closure of thirty-six web domains used to sell compromised card and payment account data. Read More

 
© The Fraud Practice LLC 2012