Fraudsters Say Thank You

“I would like to thank all of you out there…”

Today we venture into the fantasy world of the 8th Annual Fraudster Convention. Here’s an excerpt from one of the individuals honored by the council.

My first thank you goes to the hackers who breached the Target data base. By stealing 70 million records you’ve given me an almost endless list of “targets” for account takeover. I know you continue to work on similar breaches and will always be there to support me.

To the Internet and social media, I couldn’t have done it without you. I am so thankful that people continue to publish their personal information on Facebook, Twitter and LinkedIn. Of course, without this I would really struggle with those security questions.

I’d also like to thank the public databases that sell personal information for just $5. I won’t mention all of them, but special thanks go to US Search and People Lookup for making it so easy to get names, date of births, relatives and all previous addresses – all without even getting off the couch.

And finally, a huge thank you to all the agents in the contact center - “You complete me." I am so glad that in the name of customer service you continue to help me in my time of need. Thank you for making social engineering so easy and for helping me to complete the puzzle, by providing me with the missing information needed for account takeovers and fraud. I really couldn’t do it without you.

Fellow fraudsters, on a more serious note, I am concerned about the future. Our industry is being threatened by new technologies that employ multiple detection layers that threaten our livelihood. They are even using our voices to identify us and making it harder for us to earn a respectable living.

I hope to be able to stand before you again in happy times but for now it looks like our golden era may be drawing to a close.

Thank you all and good evening.

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