Sunday, April 19, 2009

E-Commerce News: Internet Fraud: The Flourishing Fraud Economy

One reason is that the prices for some records have been falling for years and can't go much lower. Stolen credit card numbers now go for as little as 6 US cents each, if they're bought 10,000 at a time. The price can be $30 per card for smaller orders.

Access to hijacked e-mail accounts: 10 cents to $100.

Bank account credentials: $10 to $1,000.

Scammers can hire people to "cash out" compromised bank accounts for between 8 percent and 50 percent of the amount they're stealing. Hosting for scam Web sites ranges from $3 to $40 per week.
E-Commerce News: Internet Fraud: The Flourishing Fraud Economy
Blogged with the Flock Browser

1 comment:

Unknown said...

Scammers use different methods to get your trust and eventually, your money.Visit www.InternetFraud.com for more details.