Chat channels make online fraud easier

Monday, 21 July 2003, 10:38 AM EST

On a recent Tuesday morning, one Internet chat group called #ccpower was bustling.

A user there was selling credit- card numbers, obtained illegally online, for 50 cents to $1 each. Another was accusing other sellers of stolen credit-card numbers of cheating, and yet another user wanted lessons on cracking into online sites containing credit-card information.

Internet chat groups, particularly those using a format called Internet relay chat, or IRC, now play an important and growing role in online credit-card fraud, according to a report released this month by a group of Internet security experts who form the Honeynet Project. The project sets up computer systems called honeynets that are intended to be easy to infiltrate in order to monitor and record how hackers work.

Online credit-card fraud has generally been carried out by hackers operating on their own, without much organization or automation of their schemes, the group says. But that appears to be changing.

[ Read more ]




Spotlight

Hope is not a strategy, we need more healthy paranoia

35 percent of security experts believe leadership within their organization lacks a healthy paranoia, with 21 percent of leadership "relying on hope as a strategy" to avoid a cyber security breach.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Mon, Aug 31st
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //