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List: isn
Subject: [ISN] Credit card users fall prey to criminals prowling net
From: InfoSec News <alerts () infosecnews ! org>
Date: 2007-07-25 5:27:33
Message-ID: Pine.LNX.4.61.0707250026280.27601 () conundrum ! infosecnews ! org
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http://www.daijiworld.com/news/news_disp.asp?n_id=36160
[...]
July 25, 2007
DUBAI - JUL 25: Cases related to credit cards make up 10 per cent of the
total cyber crime cases heard by Dubai Courts, revealed a top official
of Dubai Police's cyber crime unit.
Captain Rashid Ahmed Lootah, head of the Electronic Forensics of the
Criminal Evidence Department, said: "Most thefts were committed through
systems in commercial centres or shops where some workers had another
system to copy credit card data.
"And data is sometimes sold to people who exploit them for criminal
purposes." On measures taken by banks to combat credit card crimes, Capt
Lootah said: "The UAE banks have started to pay attention to the problem
by monitoring withdrawal operations through cards done from outside the
country. Banks contact their customers to make sure they are abroad.
This has restricted the phenomenon that flourishes during certain
seasons, mainly the summer holidays." The official also said credit card
data can be easily copied using certain systems, but cards bearing a
special magnetised part make this difficult to do. Several banks have
started issuing such cards to protect their customers.
Capt Lootah said Dubai Police received several complaints so far this
year about card and data thefts and unauthorised withdrawals from bank
accounts. It became clear later that the withdrawals were done through
the internet where money was transferred to different bank accounts held
under the names of various people.
"We found that the transactions were done through an internet café. We
also discovered that a man had published an advertisement in a newspaper
announcing a vacancy for two drivers at a monthly salary of Dh3,000.
He opened fictitious bank accounts for them in some banks and was able
to get access to the accounts through hacking. He embezzled some
Dh350,000." Capt Lootah said the man was arrested within two weeks and
sent to the Public Prosecution. He was tried and sentenced for five
years for this and other cases. The official also revealed the cars used
in the Wafi City robbery had been stolen through an electronic
operation.
[...]
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