Cyber criminals avoid fraud within their own ranks with new site

Sometimes it’s not easy being a cyber criminal. In addition to law enforcement and private security companies, cyber thieves have to battle fraudsters out to beat them at their own game, but a web site offers to help.

Ripper.cc has been maintaining a database of known “rippers” or scammers since June last year and security firm Digital Shadows, which has been investigating it, says it may help online black markets flourish.

Fraud is a nagging problem in the cyber criminal world, according to Digital Shadows. Although some hackers believe in honor amongst thieves, others are peddling bogus goods, such as stolen credit card numbers or user credentials that turn out to be fake.

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