Category: Technology Author : Steven Hodson Posted: January 5, 2009
Tags : credit cards, fraud, security
Ever wondered just how all those fraudulent credit cards are created and used? Well Detective Bob Watts of the Newport Beach Police Department will take you on a guided tour through the process. This is the operation that was run by Chris Aragon who was an associate of uber hacker Max Bulter who was profiled in this month’s Wired.
[hat tip to Threat Level]
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Jan 5, 2009
This guy has his head in the sand. It's a lot easier than all that.
Just take an expired card and reprogram the magnetic strip with information from a valid card swiped through a hand-held scanner.
Tom Mahoney, Director
Merchant911.org
Jan 5, 2009
considering the video with done with the police I don't imagine they want people to realize how easy it really is
Jan 8, 2009
yup banks and big corps try to hide this info like crazy. im shocked this even was published.