Feeds

Man gets 6 years for laundering $2.5m from phony credit cards

End of the line for uBuyWeRush

Combat fraud and increase customer satisfaction

A California man was sentenced to six years in prison for his role in laundering $2.5m in proceeds from stolen credit card schemes.

Cesar Carranza, 38, of Long Beach, California, received the sentence on Thursday after pleading guilty in December to one count of conspiring to launder unlawful proceeds, prosecutors said. According to court documents, he was part of an intricate web of hackers and credit card scammers who associated on websites such as carderplanet.com and shadowcrew.com, both of which are no longer in operation.

Using the online handle “uBuyWeRush,” Carranza helped launder funds plundered by money mules who used stolen credit card data to withdraw money from ATMs. From Long Beach, he used a variety of methods to transfer the money abroad, including e-Gold.

Wired.com has much more here. ®

SANS - Survey on application security programs

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.