Russians Shut Down Huge Card Fraud Ring
Federal investigators in Russia have charged at least 25 people accused of operating a sprawling international credit card theft ring. Cybersecurity experts say the raid included the charging of a major carding kingpin thought to be tied to dozens of carding shops and to some of the bigger data breaches targeting western retailers over the past decade.
In a statement released this week, the Russian Federal Security Service (FSB) said 25 individuals were charged with circulating illegal means of payment in connection with some 90 websites that sold stolen credit card data. Continue reading Russians Shut Down Huge Card Fraud Ring