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Security: Credit card fraud

August 5, 2013 by Robert Siciliano — speaker, IDTheftSecurity.com

Buying credit card numbers with high credit limits must be so much easier than going through the hassle of building good credit, applying for credit cards, getting approved, buying stuff, going to work all day/week/month/year/lifetime and making the money necessary to pay the bills.

I would think that kind of lifestyle [card fraud] would allow someone to travel the world, eat great food, buy lots of cool art, sip Champaign all day and have a great tan.

Hackers break into the computer networks of U.S. companies almost daily. They steal, then sell, credit-card numbers, accountholders' names and addresses, and the CCV code that comes with each card. And they often market though comments sections on news posts.

For example, below is from the comments section of a blog I wrote on credit card fraud:

Comment by hacksXXX:
contactme
ICQ : 634911XXX
Email: hacksharp@XXX
YH: hacksXXX
MSN: nickymoney@XXX
I sell fresh dumps, track, login bank, paypal acc, bank transfer, cc plastic, wu bug ccv, cvv full info and more. No test. My only pay is wu, moneygram and LR
I sell fresh
Ccv US is $ 3 per ccv (Visa)
Ccv US is $ 3 per ccv (master)
Ccv US is $ 3 per ccv (Amex + Discover)
Ccv UK is $ 6 per ccv (Visa + Master)
Ccv UK is $ 7 per ccv (Amex + swith)
Ccv Ca is $ 8 per ccv (Visa+ Master)
Ccv Ca is $ 9 per ccv (Visa Business + Visa Gold)
Ccv EU is $ 12 per ccv (Visa + Master)
Ccv EU is $ 13 per ccv (Amex + Discover)
Ccv Au is $ 13 per ccv
Ccv Italy is 17 $ per cc
seden 16$
spain 15$
france 17$
Ccv Germany is 18$ Per Ccv
Ccv DOB with US is 35 $ per ccv
Ccv DOB with UK is 39 $ per ccv
Ccv DOB + BIN with UK 45$ per ccv
Ccv US full info is 35 $ per ccv
Ccv UK full info is 45 $ per ccv
1 Uk check bins= 22.5$/1cvv
1 Sock live = 1$/1sock live > 5day
I sell dumps with pin
Track 1: Bxxxx001140057948^FAZAKERLEY/ANDREW.MR ^xxxx2013570000000000
Track 2: xxxxxx1140057948=xxxxxx13570000000001
Track 3: ;?
PIN: 57xx
YH: ema_hacking:………………..7K To 10K ========300$
- Balance In Wachovia:………….24K To 80K==========180$
- Balance In Boa………………….5K To 45K==========400$
- Balance In Credit Union:………Any Amount:=========420$
- Balance In Hallifax…………..ANY AMOUNT=========720$
- Balance In Compass………….ANY AMOUNT=========700$
- Balance In Wellsfargo……….ANY AMOUNT=========800$
- Balance In Barclays………………8K To 10K=========550$
- Balance In Abbey:…………………………82K ===========650$
- Balance in Hsbc:…………………..50K========650$ and more

The idea of being a black hat hacker is so dark to me. It requires lots of lying, having to scheme and scam all the time.

You'd have to get embossing equipment to clone the credit cards, fake IDs, anonymize your IP address and on and on. You'd really have to constantly have to watch your back. Seems like a lot of work. Doesn't seem like much of a fantasy lifestyle after all.

Companies like iovation are making it harder for online credit card thieves to pull off fraud. Instead of simply verifying the card number in an online transaction provided by fraudster, newer technologies allow e-tailers to verify the reputation of the computer or smartphone being used to make the purchase. By instantly evaluating a device's history for criminal activity, e-tailers can prevent fraudulent transactions.

Read more about security.