How Phishers Think, Act, and Make a Profit

whitehartstag writes with a write up of "the excellent session at Black Hat that detailed 'how phishers create sites, share info and code, and basically are lazy.' They store their stolen data 'on websites that they have hacked into, or on [publically available] sites like guestbooks. And even worse, they are not protecting their stolen data ... which means that all one needs to do to find this info is to reverse engineer a real phisher's website, look at their PHP script, and find out where they are storing the data.'"

Comments

Re:How is this useful for law-abiding citizens?

[d3ac0n]

I'm sure that the US will be equally happy to extradite all those Americans who hack into European criminals' computers to face charges over here.

Maybe...

But it's EUROPE. You guys can only BARELY put away terrorists. People that actually kill innocent bystanders get light sentences. What do you really think will happen to a hacker who hacks a phisher? I suspect that the worst that will happen is that they will bar this hypothetical hacker from entering Europe for a while. Which, since the hypothetical hacker in this situation is American, would mean that the hacker gets an all-expenses-paid trip to Europe for a few weeks and then comes home. Wow. Real scary.