With so many retailers now refusing to ship to Russia or Eastern Europe because of the endemic of organized cybercrime, how do these cyber-thieves use the credit card numbers they’ve stolen? The answer is “reshipping,” a practice documented in the report “Drops for Stuff,” newly released and written by eight security researchers, including Brian Krebs, who will provide a keynote address to open the general session of Privacy. Security. Risk. tomorrow morning here in Las Vegas. How does it work? “Operators” recruit “drops” to receive goods and then reship them to “stuffers” who then sell them on the black market. This allows cybercriminals to turn a $10 purchase of a stolen card into $700 in black market cash.
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