Drops for Stuff: An Analysis of Reshipping Mule Scams

Credit card fraud has seen rampant increase in the past years, as customers use credit cards and similar financial instruments frequently. Both online and brick-and-mortar outfits repeatedly fall victim to cybercriminals who siphon off credit card information in bulk. Despite the many and creative ways that attackers use to steal and trade credit card information, the stolen information can rarely be used to withdraw money directly, due to protection mechanisms such as PINs and cash advance limits. As such, cybercriminals have had to devise more advanced monetization schemes to work around the current restrictions. One monetization scheme that has been steadily gaining traction are reshipping scams. In such scams, cybercriminals purchase high-value or highly-demanded products from online merchants using stolen payment instruments, and then ship the items to a credulous citizen. This person, who has been recruited by the scammer under the guise of “work-from-home” opportunities, ...

• Type: Journal
• Year: 2015
• Where: CCS
• Authors: Shuang Hao, Kevin Borgolte, Nick Nikiforakis, Gianluca Stringhini, Manuel Egele, Michael Eubanks, Brian Krebs, Giovanni Vigna
• Keywords: CCS 2015, Security Privacy