Jul 21, 2018

Free-to-play games are a breeding ground for money laundering

Free-to-play games are a breeding ground for money laundering
By Rachel Kaser


New reports have surfaced that credit card thieves are laundering their ill-gotten gains in one of the most heretofore-innocuous markets out there: Free-to-play mobile games, such as Clash of Clans, or Marvel Contest of Champions. According to cybersecurity company Kromtech, accounts in popular mobile games have become a surprisingly easy way for thieves to launder stolen credit cards. Researchers found an open MongoDB database with hundreds of thousands of stolen credit card numbers. Upon further research, Kromtech researchers discovered the thieves had set up a complex automated system creating accounts, purchasing items within the game’s economy, then selling the account on third-party…

This story continues at The Next Web



July 20, 2018 at 06:19PM
via The Next Web https://ift.tt/2LcuiA7

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