CARD sharks
It's looks like we were right to be paranoid about credit card fraud. A court case in London has laid bare the extent of the black market in stolen personal data. A secret website, DarkMarket, was uncovered when one of it's organisers, Renukanth Subramaniam (pictured), was stung by an undercover FBI agent. Strictly invitation only, users of the website from all over the world, sold and swapped stolen personal details that allowed them to carry out huge frauds. One buyer spent st£250,000 in just six weeks for stolen information. The operation to shut down DarkMarket came after the FBI cracked the ShadowCrew site in the US. They think the site was just one of a 100 they know about, but that hundreds more could exist. Read the full story here in The Guardian.Labels: card fraud, Card-skimmer, Cyber crime, DarkMarket, Renukanth Subramaniam, ShadowCrew
