Kim Zetter has an excellent series of articles on Wired about the underground “carding” industry responsible for the wave of phishing and Internet-based identity fraud. It is available as a single PDF file or four-part series:
- Tracking the Russian Scammers
- Crime Boards Come Crashing Down
- Tightening the Net on Cybercrime
- I Was a Cybercrook for the FBI
The meticulously documented article– featuring screenshots of conversations with carders, with much redacted information including Paris Hilton’s social security number– follows the exploits David Thomas as he is recruited by the FBI to work undercover after his arrest. Thomas ends up running one of the major gathering sites for carders called “The Grifters”, a rival to the Shadowcrew taken down in 2004. Great reading.