New credit card scam

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Faram
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New credit card scam

Post by Faram »

Bruce Schneier wrote:New Credit Card Scam



This one is clever.

You receive a telephone call from someone purporting to be from your
credit card company. They claim to be from something like the security
and fraud department, and question you about a fake purchase for some
amount close to $500.

When you say that the purchase wasn't yours, they tell you that they're
tracking the fraudsters and that you will receive a credit. They tell
you that the fraudsters are making fake purchases on cards for amounts
just under $500, and that they're on the case.

They know your account number. They know your name and address. They
continue to spin the story, and eventually get you to reveal the three
extra numbers on the back of your card.

That's all they need. They then start charging your card for amounts
just under $500. When you get your bill, you're unlikely to call the
credit card company because you already know that they're on the case
and that you'll receive a credit.

It's a really clever social engineering attack. They have to hit a lot
of cards fast and then disappear, because otherwise they can be
tracked, but I bet they've made a lot of money so far.
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Thought it might be of public intrest.
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Tsyroc
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Post by Tsyroc »

Thanks for the info.

I doubt anyone could get ahold of me to even try the scam but it's nice to know so I can pass it along.
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Sarevok
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Post by Sarevok »

Well I dont have a credit card but I will pass on this information. Thanks.
I have to tell you something everything I wrote above is a lie.
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Soontir C'boath
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Post by Soontir C'boath »

Will have to tell my mother. She usually answers the phone ... when she's home. Good thing I usually say "Blank person isn't home". :D But will spread to others! ~Jason
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Post by General Zod »

hunh. thats actually pretty damned clever. though it sucks to be them when they reach a cell with caller ID, if the person is sitting near a computer and decides to do a reverse lookup.
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TrailerParkJawa
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Post by TrailerParkJawa »

Social engineering is pretty common against old folks and people who are not aware. What you have to remember is if your credit card company calls you then you dont tell them ANYTHING. They have all your info.

I actually had this scam run against me, except they wanted my social security number. Eventually they got tired and gave up after I told them for the 20Th time I do not reveal my Social Security number to stranger on the phone.
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DPDarkPrimus
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Post by DPDarkPrimus »

If they don't know the entire fucking credit card number, they don't work for the fucking company.
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Post by EmperorMing »

DPDarkPrimus wrote:If they don't know the entire fucking credit card number, they don't work for the fucking company.
That is the first and most obvious thing that should clue people in.
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