News

Fraudsters lean on SaaS to get ATM PINs and online account details

September 28, 2008

eWeek:It's now possible for anybody to purchase online criminal services on a monthly fee basis, if the user knows where to go. As the bad guys get more sophisticated, false bank Web sites are becoming harder to identify, and even more caution is needed to stop attacks. RSA Security head of new technologies Uri Rivner says the Internet-fraud business has grown so large and enmeshed in legitimate online activities that it is becoming increasingly difficult to tell who's good and who's bad. Fraudsters are now using software as a service model to sell their services to customers for a monthly fee. "This fee at one of these services is $299 per month," Rivner said. "This puts you into the food chain of (identity) harvesters, phony ATM card makers, delivery specialists — a whole infrastructure of criminals."

Click to continue