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House committee OKs bill to counter stolen credit card forums

Posted on December 2, 2015 by Dissent

Cory Bennett reports:

The House Judiciary Committee on Wednesday approved a bill aimed at cracking down on the cyber thieves who profit from stolen credit card information.

The Cybercrime Anti-Resale Deterrent and Extraterritoriality Revision (CARDER) Act would give law enforcement more tools to go after foreign criminals who sell credit card data stolen from Americans to fraudsters, often on dark Web forums.

[…]

The CARDER Act would allow DOJ prosecutors to go after anyone caught with stolen credit card data with an intent to defraud, regardless of where they or their profits are located, as long as a U.S. company issued the card.

Read more on The Hill.

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