Hackers build private IM to keep out the law

Hackers have built their own encrypted IM (instant-message) program to shield themselves from law enforcement trying to spy on their communication channels.

The application, called CarderIM, is a sophisticated tool hackers are using to sell information such as credit-card numbers or e-mail addresses, part of an underground economy dealing in financial data, said Andrew Moloney, business director for financial services for RSA, part of EMC Corp., during a presentation at the International e-crime Congress in London on Wednesday.

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