Criminals Earn Big with Fraudulent Label Services

[silversurfer]

While data breaches result in huge losses for the victims, criminals are cashing out on fraudulent purchases by working with deceitful communities that offer such services as shipping labels, according to Flashpoint.

In today’s blog post, “Drop Networks, Label-Creation Services Sustain Shipments of Fraudulent Purchases,” analysts Luke Rodeheffer and Mike Mimoso detail the mechanics, methods and success rates criminals have with regard to cashing out on stolen cards and avoiding law enforcement. The success of these illicit tactics is the result of fraudulent shipping labels, mules and drop networks.

Source: https://www.infosecurity-magazine.com/ne...raudulent/