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Complete Story
09/03/2021
Gift Card Gang Extracts Cash From 100k Inboxes Daily
Krebs on Security
Some of the most successful and lucrative online scams employ a “low-and-slow” approach — avoiding detection or interference from researchers and law enforcement agencies by stealing small bits of cash from many people over an extended period. Here’s the story of a cybercrime group that compromises up to 100,000 email inboxes per day, and apparently does little else with this access except siphon gift card and customer loyalty program data that can be resold online.
The data in this story come from a trusted source in the security industry who has visibility into a network of hacked machines that fraudsters in just about every corner of the Internet are using to anonymize their malicious Web traffic. For the past three years, the source — we’ll call him “Bill” to preserve his requested anonymity — has been watching one group of threat actors that is mass-testing millions of usernames and passwords against the world’s major email providers each day.
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