Cyber criminals have made stealing your credit card, and other financial information, a multi-billion dollar business. The attacks they perpetrate upon your personal, private life come in the form of malware such as keystroke loggers, spyware, viruses, worms and Trojans that literally hands over control of your computer, and the information it contains, to the cyber “evil doers”. And often times, you don’t even know it.
What do they do once they have that information? They go into an “invitation-only” Internet Relay Chat (IRC), which is similar to a group chat room. mIRC is probably the most famous of these types of Relay Chat room operations. Although mIRC itself is a perfectly legal operation.
Once in the room, these thieves will communicate with each other by setting up a hacker channel for a few days. They’ll do their business and then take the channel down to avoid being detected. According to a Senior Director of a popular anti-virus software company: “When active, hacker IRCs can get upwards of 90,000 cybercriminals talking to one another at a given time.”
These criminals will sell, barter or trade your credit card and financial information. Credit card numbers are amoung the least expensive items to sell, when sold in bulk.
Then, once purchased by the “second generation criminal” (the first generation being the original hacker who stole the information), the 2-g criminal will then use the card information over the Internet, or use a machine to punch out a fake credit card.
But then there is the third level of use. Here, they wire money to an overseas bank account.
“That third person in the chain is usually called a ‘mule,’ who often doesn’t even know he or she is part of an underground organized crime scheme. Many mules respond to the ‘make money from home’ schemes, where stolen money is sent to their accounts, and they subsequently wire that money to an overseas account for a 10% to 15% fee.” CNN
Sound familiar? I’m sure you’ve read that type of ad somewhere.
Protect yourself from the cyber criminal and don’t accidentally become part of their organized crime syndicate by falling for those type of fake “work from home” ads.