February 9, 2018 — DoJ Shuts Down Infraud Payment Card Fraud Ring – $530+ Stolen Since 2010; “In Fraud We Trust”
Ryan Wilk, VP at NuData, comments on a report issued yesterday by Information Security Buzz disclosing that The US Department of Justice has just shut down the Infraud Organization, a large and highly organized online credit card fraud ring believed responsible for more than $530 million in losses since 2010.
Cybercrime is as well organized, well-resourced, and technologically advanced as many other industries. Infraud Organization proves how easy it is for fraudsters to access personal information– and how much of it is available out there.
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