Cyber Risks · Krebs on Security

Taking Down Fraud Sites is Whac-a-Mole

Summary: Krebs on Security explains why fraud sites selling stolen credit cards and identity data are not simply taken down: many rely on registrars and hosts that ignore abuse requests, and operators keep alternate domains ready at multiple providers. Krebs adds that such shops are often left running because banks, law enforcement and researchers use them to identify which merchant was breached and to slow the flow of new stolen data.

Key Takeaway: The card shops responsible for selling cards stolen from Target and Home Depot offered only a single-digit percentage of the more than 100 million cards taken from those two companies, and most operators sit in Russia and Ukraine, where Krebs says neither nation has shown much appetite to arrest crooks targeting victims abroad.

Read the original at Krebs on Security ↗

Topics
Cybercrime & Law Enforcement
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