US Secret Service is probing how crooks use smart credit cards for fraud

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Credit card thieves have been using Fuze Cards, according to a Secret Service memo.

Credit card thieves have been taking advantage of smart card technologies to avoid getting caught, according to Krebs on Security. The US Secret Service offices in New York and St. Louis have apparently been working on a criminal investigation involving fraud rings using Fuze Cards to store stolen card data. Fuze Cards allow you to store up to 30 credit card details, and you can switch between them using the small screen on the front. It makes the data of the card you want to use available to merchants via a magnetic stripe and an embedded chip. You can also use them to withdraw money from ATMs.

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Counterfeit driver’s licenses look so real they’re dangerous

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To the naked eye — even the practiced eye of most bartenders and police officers — the counterfeits look perfect.

A phony South Carolina driver’s license was found in the hip pocket of 20-year-old Craig Eney after the fleeing motorcycle he was driving hit a curb, scraping past a utility pole hurling him to his death.

 

Continue reading… “Counterfeit driver’s licenses look so real they’re dangerous”