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Hackers target credit cards

August 18, 2012

More than $25 million has been stolen from Australian credit cards by overseas hackers, federal police say.

Australian businesses were targeted by the scammers, who obtained about half a million credit card numbers, the Australian Federal Police says.

''The compromise is believed to have involved approximately 500,000 credit cards and resulted in more than $25 million in fraudulent transactions,'' the AFP said in a statement on Friday.

''The borderless nature of this crime type poses new and unique challenges for law enforcement.''

The AFP says investigations are continuing.

''International and private sector co-operation is critical to the AFP's ability to target this type of compromise, which is a challenging and time-consuming process.'' AAP

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