Home > industry > Robbing Peter to pay Paul?

Robbing Peter to pay Paul?

Well, not really, but close.

Symantec has observed an interesting trend in the world of Internet-based credit card fraud: fraudsters are donating money to charity.

..

Carders attempting to verify that a stolen credit card is legitimate and active have begun donating money to charity. By attempting to pay small amounts of money to various charities, including well known charities such as the Red Cross, carders can determine if a stolen credit card is valid depending on the success or failure of the transaction.

Advertisements
Categories: industry
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: