California Man Gets 6 Years for Laundering

A Long Beach, California man who helped funnel stolen cash to a global network of hackers and carders was sentenced Thursday to 6 years in prison for conspiracy to launder money. Cesar Carranza, 38, sold MSR-206’s to carders to encode stolen bank card data onto blank cards, and he served as a...

iTunes gift card hack could be work of carders

Research by Joe Stewart, SecureWorks In response to published reports outdustry.com about a hacking attack appletell.com against the iTunes gift card system, security researcher Joe Stewart has gone digging for answers and comes up with an eyebrow-raising theory. Stewart believes this is the work...