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Chinese fraudsters: evading detection and monetizing stolen credit card information

CyberSecurity Insiders

One method is to directly purchase cryptocurrency or gift cards through websites using stolen credit card information, which is popular for U.S. Additionally, NFTs and eBooks are also suitable for money laundering. There are various methods of cashing out. As a preliminary step to cashing out, fraudsters confirm the credit card limit.

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2022: The threat landscape is paved with faster and more complex attacks with no signs of stopping

Webroot

Malicious actors will continue to improve their social engineering tactics, making it more difficult to recognize deception and make it increasingly easier to become a victim, predicts Milbourne. Earlier in 2021, we detailed the hidden costs of ransomware in our eBook. Cryptocurrency. Ransomware.