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Another gang of thieves was discovered in possession of a “veritable factory for counterfeit credit cards,” including “600 pages containing more than 40,000 allegedly stolen names and credit card numbers; more than 100 newly minted cards under 100 different names, featuring the trademark Visa logo.” The police also found “stacks of plastic cards, software to create identity cards, laptop computers, machinery to encode magnetic strips, and a ‘skimmer’ that captures a facsimile of credit card information and stores it...(and) 16-digit credit card numbers, with their expiration dates, that had been downloaded from one major retail store in the area.” As the investigation continues, we will probably find that these criminals have affected the lives of hundreds of victims, perhaps destroying their credit ratings and creating hardships that will take years to abate.These thefts could be the result of computer hacking, insider theft and/or social engineering.The firm reportedly claimed in a complaint to the Federal Communications Commission that, given its typical phone usage, it would have taken far more than a weekend – more like 35 years – to tally up 6,000 worth of calls.Telecommunications fraud experts told the New York Times that this is how the premium-service scheme works: Phone fraud is as old as dirt.Sedgrid Lewis, online safety expert, notes that these apps look like a normal calculator app but when teens push a button within the app they can hide all inappropriate pictures."It's a key way teens are hiding their nude pictures from their parents," said Lewis.Nineteen years ago, The Independent was writing about the advertising agency J Walter Thompson, which was then considering suing British Telecom, after phone crooks exploited flaws in a switchboard sold by BT to fleece the company out of £60,000 (,777 USD) worth of free calls over the course of four days.
One example is when modern-day phreakers – phone hackers – break in to companies’ phone networks and stick businesses with horrific bills for calls they never made.
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Not everything online is evil, nor does danger lurk behind every new app that comes to market. Kids can hide any app they don’t want you to see, Teen Safe says.
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Parents who find it on their teens' phones can conclude just one thing: Your kid is hiding things from you.