15/01/2010

DarkMarket, a global one-stop shop for cybercrime and banking fraud, has been busted by surveillance officers

The top English language 'one-stop shop' for cybercrime and banking fraud, DarkMarket, has been busted by surveillance officers, and its founder tracked to an internet café in Wembley, London, says The Guardian.

The site allowed members to trade card details that had been obtained by hacking, phishing and ATM skimming devices and offered online tutorials detailing account takeovers, credit card deception and money laundering. Members could also purchase false ATM and PIN machines, as well as everything needed to set up a credit card factory.

With members spanning the UK, US, Canada, Russia, France, Germany and Turkey, the UK's Serious Organised Crime Agency said it was "impossible" to put a figure on how much the site cost banks worldwide, although this figure is likely to run into tens of millions.

But investigators warned that the battle against cybercrime is far from over, reckoning that there are more than 200 similar sites still in existence.

Against this backdrop, Ukash's offering is increasingly relevant. Ukash is dedicated to providing a safe and secure method of online payment to consumers, wherever they are in the world. Using Ukash vouchers when shopping, playing or paying online provides protection against sites like DarkMarket because it is safe and secure, and as no bank details are required, users' anonymity is guaranteed.

For more information on Ukash, visit www.Ukash.com

 

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