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Russian Payment Processor Runs Massive Scareware Operation

March 4th, 2011 03:40 admin Leave a comment Go to comments

Security

An anonymous reader writes “Brian Krebs has posted a deep dive through more than a year worth of emails leaked from ChronoPay, Russia’s largest online credit card processor. The … evidence indicates that ChronoPay executives created scareware companies from the ground up, paying for everything from their domain name registration to virtual hosting, to setting up the front companies and associated bank accounts and the 1-800 support lines for entire scareware operations that typically netted the company millions in revenue for each scam.”

Source: Russian Payment Processor Runs Massive Scareware Operation

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