Sunday, November 26, 2006
We read a lot of stories about credit/debit card skimming in the West, but see very few stories about it in other parts of the world.
India, which has become a giant in IT circles is now being victimized by the problem.
In May, I did a post about cloned credit/debit cards showing up in India. Since then I've had the pleasure of corresponding with a "security person," who is sharing information with me regarding the scope of the problem.
In November, in another case, there were more arrests in three Indian cities - 6 skimmers, laptops, a desktop and cards were seized.
The activity was facilitated with the collusion of waiters and shop-keepers.
According to my "source," more card-skimming has been uncovered and the Indian authorities are hot on it's trail. We can probably expect to see a few more criminals arrested in the not so distant future.
Until recently, cloned cards were normally sent in the mail from other destination points in Asia.
Recently, the news media was awash with stories of information being compromised at call centers in India. The industry and the government in India have quickly moved to enact legislation to counter this threat.
The stories got a lot of attention (probably because it happened in India), but in reality, information and data breaches are happening (with too much frequency), worldwide.
India seems to be proactive (refreshing) in taking legal measures, which are far more effective that technological countermeasures, to protect it's citizens and the industry, itself.
Of note, the recent skimming/cloning activity seems to have been introduced by British based gangs and the UK is suffering a "large" issue with this type of activity.
Video (interesting) on skimming in India from IBN, here.
Interesting and "informative" discussion about cyber-law in India by Praveen Dalal, here.