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Tag: Carding

Black Friday and Cybercrime: Retail’s Frankenstein Monster

With every year that passes, Black Friday seems to morph into a creation its original proponents could not have even envisioned. Not so long ago, it was simply the day following Thanksgiving in the United States (US), when retailers would offer sales and discounts to mark the beginning of the holiday shopping season. Now, Black […]

Online Cybercrime Courses: Back to School Season

It’s that time of year again. Summer is drawing to a close and retailers are making the most of the rush to stock up on supplies and learning materials before classes begin. However, as we highlighted last year in our Inside Online Carding Courses Designed for Cybercriminals report, a market has emerged for a very […]

Five Threats to Financial Services: Part Four, Payment Card Fraud

Payment card information is the lifeblood of the cybercriminal ecosystem. In previous blogs in this series, we’ve focused on how cybercriminals acquire customer banking information using banking trojans and phishing campaigns. However, this merely represents the initial steps that form one part of a wider payment card fraud network. This post focuses on the three […]

Genesis Botnet: The Market Claiming to Sell Bots That Bypass Fingerprinting Controls

An emerging criminal market, Genesis store, provides more effective ways to impersonate a victim’s browser activity, focusing on individual bots rather than huge botnets, and monetizing them in a completely different way. Such an approach may allow criminals to utilize bots with higher efficiency, thus revealing new attack and fraud methods.   Figure 1: Adverts […]

Infraud Forum Indictment and Arrests: What it Means

On 07 February 2018, the U.S. Department of Justice unveiled an indictment from 31 October 2017 against 36 individuals associated with the Infraud Forum, a cybercriminal forum specializing in payment card fraud. This was a result of an operation known as “Shadow Web” and claimed to make “one of the largest cyberfraud enterprise prosecutions ever […]

Fraudsters Scoring Big – an Inside Look at the Carding Ecosystem

In season two of the Netflix series Narcos, Pablo Escobar points out that: “I’m not a rich person. I’m a poor person with money.” In real-life, Escobar’s cartel reportedly made so much money (at one point $US420 million a week) that their chief accountant, Roberto Escobar, claimed that they “would write off 10% of the […]