X5 radios card fraud at 15 per second
There's verve in the PR of one criminally inclined banking supply outfit, The CC Buddies, whoever they may be. A new device sold on the dark web can clone up to 15 contactless cards per second, Romanian news service Softpedia reported yesterday."X5 simplifies the process of stealing details from contactless debit cards and cloning fake debit cards," Softpedia reported.The X5 costs around US$825 and comes with 20 blank plastic cards."A criminal group going under the name of the CC Buddies" is selling a device on the 'dark web' that's capable of copying details from contactless debit cards if held as close as eight centimetres away from a victim's card," the article relates.CC Buddies claim that their device, Contactless Infusion X5, can copy up to 15 bank cards per second.X5's spruikers say it is designed to copy data from the radio chip embedded in modern RFID contactless bank cards. This data is stored on X5's internal storage system, and thieves can connect the device to their PC using USB cables and transfer it using special software, also supplied by CC Buddies.The device can collect data such as the card's number and expiration date. If the debit card's RFID chip stores information such as the card holder's name, home address, and a mini statement, X5 can steal it as well.When it copies credit card numbers, X5 encrypts the data. The software provided by CC Buddies "allows the crooks to decrypt and download the stolen information from their X5 device to a Windows (XP or higher) PC, and start creating fake debit cards using blank plastic cards."(NOTE: If anyone doubts the accuracy of this report, Kevin Mitnick's demonstration at CeBIT last year would dispel that. With a suitcase, he was able to read and record magnetic stripe information from anywhere).