A way to take out spammers? 3 banks process 95% of spam transactions

If you want to stop spam then going after the banks and payment processors that enable their lucrative trade may be your best bet, according to research performed by a team from the University of California-San Diego, the University of California-Berkeley, and the Budapest University of Technology and Economics. After examining millions of spam e-mails and spam Web sites—and making over 100 purchases from the sites advertised by the spammers—the research team found that just three banks were used to clear more than 95 percent of spam funds.

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