Two-Word Google Searches That Explain Why You Can’t Fight Fraud Alone Anymore
By Rich Stuppy, COO, Kount
Fullz Dumps. Data Breach. Brian Krebs.
The team here at Kount is thinking about and fighting fraud 24 x 7 x 365. My opinion about fraud can be summed up in one sentence: It is getting harder to stop and you can’t fight it alone anymore. Don’t believe me? Ask Google.
Here are three simple searches that you can do on Google to get an idea of what you’re up against. I’ll also give you a little context to understand the search results and what they mean for you.
Both of these terms are fraudster slang for some of the raw materials used in committing fraud.
- Fullz: A more-or-less complete identity profile that can be used to commit a variety of fraud.
- Dumps: Stolen credit card information.
At this moment when I search on Fullz Dumps I get over 300,000 links to people selling stolen information. A lot of these sites are probably shady so be careful.
At this moment I get just under 25 million search results from searching data breach. My favorite link on page one is http://www.informationisbeautiful.net/visualizations/worlds-biggest-data-breaches-hacks/. A very well done info graphic representing a few hundred million credit card and identities that have been stolen. Unfortunately for the good guys, this doesn’t include several recent large breaches nor the ones that haven’t been reported.
Brain Krebs is a journalist that focuses on security and fraud. His site is a terrific source for entertaining information on fraud and security. He does such a great job enlightening his readers about the dark corners of the fraud community he regularly gets “gifts” from the bad guys, such as having the SWAT team called to his house due to a false hostage situation or some attempted delivery of heroin. These are just a few examples showing how the bad guys are organized and that they have nearly unlimited resources to commit fraud. These are some of the many reasons why I believe you can’t fight fraud alone anymore.