Here’s Why Credit Card Fraud is Still a Thing

Most of the civilized world years ago shifted to requiring computer chips in payment cards that make it far more expensive and difficult for thieves to clone and use them for fraud. One notable exception is the United States, which is still lurching toward this goal. Here’s a look at the havoc that lag has wrought, as seen through the purchasing patterns at one of the underground’s biggest stolen card shops that was hacked last year. Continue reading Here’s Why Credit Card Fraud is Still a Thing

Israeli Online Attack Service ‘vDOS’ Earned $600,000 in Two Years

vDOS — a so-called “booter” service that has earned in excess of $600,000 over the past two years helping customers coordinate more than 150,000 so-called distributed denial-of-service (DDoS) attacks designed to knock Web sites offline — has been massively hacked, spilling secrets about tens of thousands of paying customers and their targets.

The vDOS database, obtained by KrebsOnSecurity.com at the end of July 2016, points to two young men in Israel as the principle owners and masterminds of the attack service, with support services coming from several young hackers in the United States.

The vDOS database, obtained by KrebsOnSecurity.com, points to two young men in Israel as the principle owners and masterminds of the attack service, with support services coming from several young hackers in the United States.

The vDOS database, obtained by KrebsOnSecurity.com, points to two young men in Israel as the principle owners and masterminds of the attack service, with support services coming from several young hackers in the United States. Continue reading Israeli Online Attack Service ‘vDOS’ Earned $600,000 in Two Years