All the Banks around the world are now moving towards the embedded chip technology in their credit and debit cards to avoid any fraudulent activities from thieves and hackers. All the banks in U.S and Europe are already switch to this technology now hackers are using tools like AntiDetect and FraudFox to cashout from stolen cards. These tools doesn’t only fools the e-commerce sites that they are not criminals but also hides their digital fingerprints because of it those sites have no track of them.

All the browsers has their own digital fingerprints which was initially designed for banks to prevent fraud. The users fingerprint detects all the information of users browser from his operating system to the plug-ins installed in his browser plus his time-zone. Banks can leverage fingerprinting to flag transactions that occur from a browser the bank has never seen associated with a customer’s account.

E-commerce sites and merchant accounts (payment service providers) use this technology to block any transaction if  it is previously linked with unauthorized sales or fraudulent activities. Earlier this year the story came from various media outlets that how FraudFox, is helping the hackers to cheat the browsers fingerprints and remain anonymous. But FraudFox just a new entry in an established market which is lead by AntiDetect which is helping thieves to cashout from stolen Credit cards from online merchants.

AntiDetect tool is in this market for a long time now and also the market leader. The latest version of this tool is 6.0.0.1 which not only enables the criminals to fool browsers like Mozila, IE, Chrome, Safari etc but also enables them to easily change the components of their system to avoid fingerprinting.

Using AntiDetect is not only easy but its highly successful among the underground hacker forums because it will keep changing your Version of browser, Adobe version, plug-ins installed in your browser,Language, Operating system type and your timezone. This will make it impossible for the online merchant to stop you shopping from e-commerce site or cashing out from the stolen credit card.

I think it’s safe to say we can expect to see more complex anti-fingerprinting tools come on the cyber-criminal market as fewer banks in the United States issue chipless cards. There is also no question that card-not-present fraud will spike as more banks in the US issue chipped cards; this same increase in card-not-present fraud has occurred in virtually every country that made the chip card transition, including Australia, Canada, France and the United Kingdom. The only question is: Are online merchants ready for the coming e-commerce fraud wave?