How Cybercriminals are Weathering COVID-19
Summary: Intel 471 reported that since late March 2020 cybercriminals running reshipping and money-mule operations have raised prices and warned of longer shipping times because of wait times calling FedEx and UPS and because mules in Italy and Spain were afraid to leave their homes to withdraw funds. Gemini Advisory and Intel 471 both said prices for stolen card data (dumps and CVVs) showed no major changes, even as groups shifted toward targeting online merchants, and Digital Shadows documented COVID-19 themed discounts and giveaways on crime forums.
What you should know: The underground's supply chain bent under the pandemic but did not break: mule recruiters expect the coming recession and unemployment to make low-level accomplices easier to recruit, and stolen-card pricing held steady while actors moved toward online merchants and their customers.
Read the original at Krebs on Security ↗
- Topics
- Fraud & Scams
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