Confessions of a Cybermule

John Dillinger is the online nick of a 44 year old bank card thief who says he's stolen about $150,000 in the last two years using debit account and PIN numbers obtained through hacking and phishing scams.

...Dillinger typifies the thieves who are carving out a living on the bottom rung of the growing international cybercrime industry. Congregating on members-only web forums, where they take assignments from more technically sophisticated criminals, many have only moderate computer skills.

They are the mules of electronic fraud, filling a vital role at the intersection of the virtual and the real: converting stolen account information into cold, hard cash.

Most are young males in their teens and early 20s who are lured by the prospect of making big bucks in an environment that offers them relative anonymity. Others are longtime bank and identity thieves in the offline world who have become acquainted with the riches that carding sites promise to even unsophisticated scammers like Dillinger. Wired News: Confessions of a Cybermule

Linked by shanmuga Sunday, 30th July 2006 1:51AM