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Re: Costs of Credit Card Fraud and Brute-Force Codebreaking
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On Sat, 19 Aug 1995, Dr. Frederick B. Cohen wrote:
> Date: Sat, 19 Aug 1995 14:23:14 -0400 (EDT)
> From: Dr. Frederick B. Cohen <[email protected]>
> To: Flame Remailer <[email protected]>
> Cc: [email protected]
> Subject: Re: Costs of Credit Card Fraud and Brute-Force Codebreaking
> But you miss the costs of your time. You have to find the right
> dumpster, you have to dive, you have to find the slip, you have to walk
> across the street, you have to make the call. Time, as they say, is
> money. For a criminal enterprise to make money, they have to not only
time is not money if you're a high school student with nothing else to
do. time is not money if you're a grad student. i spend approx 14 hrs
or more a day in the lab seven days a week. there's no way my stipend
adds up to anything close to minimum wage at that rate.
the value of time is subjective. if i had a wife and a couple of kids
AND i was a grad student, my time would be worth more. as it is, my time
is not worth a whole lot.
you're assessment that this cost our anon friend some money to obtain
these cc numbers is simply not true. when you have nothing else to do,
choosing one thing over another involves no cost. if anything, he made
money by using the cc numbers to make long dist calls instead of using
any cash he might have from working or an allowance.
patrick finerty = [email protected] = [email protected]
U of Utah biochem grad student in the Bass lab - zinc fingers + dsRNA!
** FINGER [email protected] for pgp public key - CRYPTO!
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