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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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February 8, 2018
On the web
U.S. Arrests 13, Charges 36 in ‘Infraud’ Cybercrime Forum Bust
Krebs on Security
“Started in October 2010, Infraud was short for “In Fraud We Trust,” and collectively the forum referred to itself as the “Ministry of Fraudulently [sic] Affairs.” As a mostly English-language fraud forum, Infraud attracted nearly 11,000 members from around the globe who sold, traded and bought everything from stolen identities and credit card accounts to ATM skimmers, botnet hosting and malicious software.”
February 7, 2018
Top Post
Feds drop hammer on massive “carder” ring that caused $530 million in losses
Ars Technica
“Known as the Infraud Organization, the enterprise aimed to be the Internet’s premier destination for buying and selling stolen payment card data. It served as an online bazaar that directed potential buyers to a pool of people selling stolen credit card data, social security numbers, and other personal information, as well as malware, hardware, and other wares used to facilitate card fraud. Infraud is the biggest online fraud group ever prosecuted by the US Justice Department. As of last March, it had almost 11,000 registered members. Its tagline: In Fraud We Trust.”

