![Globalization Fuels Cybercrime: A Threat to Australian Credit Card Holders]()
Globalization Fuels Cybercrime: A Threat to Australian Credit Card Holders
Dec 10, 2010
Globalization benefits consumers and businesses but also provides opportunities for organized crime. Many internet criminals join or form organized crime groups, motivated by economic, cultural, or technical reasons. Globally, individuals and mafia groups engage in illegal online activities, often aiming to become wealthy. Australia ranks among the top 10 countries targeted by cybercrime. Recently, Australian credit card holders' personal information was compromised and published on a website originating from Vietnam. Although this might seem like an isolated incident, such occurrences are part of a broader organized cybercrime effort. Cybercriminals sell thousands of pieces of stolen, misappropriated, and sometimes fake credit card information daily. Three primary packages are available: CC Dump: Information from the credit card's magnetic strip. A simple dump costs around US$0.10 (AU$0.09) when bought in large quantities. CC Full Info: Contains all details about a b...
