Feedly:TrendLabs Security Intelligence Blog. Card “Verification” Now Offered “As a Service” by Brazilian Cybercriminals

from TrendLabs Security Intelligence Blog

We highlighted in our Brazil underground report how rampant credit card fraud is in Latin America. One key step in this process is card verification - i.e., checking that the cards work. We've found a new service called CheckerCC that was meant to help make this easier. This is the first time that this capability has been offered “as a service” in Brazil, with access sold for a monthly R$100 fee (approximately 25 US dollars). The person behind this service is believed to be a teenager from São Paulo, Brazil.