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This is a standard risk with any attempt to remain anonymous with a supplier. The supplier, since they don't know you, and therefore can't trust you, will not o
by jpollock 8y ago
This is a standard risk with any attempt to remain anonymous with a supplier. The supplier, since they don't know you, and therefore can't trust you, will not offer
much credit.
Cards get skimmed all the time. When a card gets skimmed, the issuer informs everyone who is making recurring purchases with that card "Hey, this card was skimmed, it's dead".
If someone has a recurring charge attached to that account, the recurring charge will go bad. If this is an appreciable number of cloud services which are billed by the second, this can happen very, very quickly and without you knowing. Remember, sometimes the issuer informs you that the card was skimmed, which you will receive after all the automated systems have been told.
So, the cloud provider gets the cancel, and terminates the card. It then looks around sees the recurring charge, takes a look at your servers racking up $$ they can't recoup and the system goes "we don't know this person, they buy stuff from us, but we haven't analysed their credit. Are they good for the debt? We've never given them credit before. Better cut them off until they get in touch."
If only they had signed an enterprise agreement and gotten credit terms. It could still be paid with a credit card, but the supplier would say "They're good for $X, let it ride and tell them they'll be cut off soon". They can even attach multiple methods of payment to the account, where, for example, a second card with a different bank is used as a backup. Having a single card is a single point of failure in the system!
In closing, imagine you're a cryptocoin miner who uses stolen cards to mine on cloud services. What does that look like to the cloud provider?
Yep, someone signs up for cloud services, starts racking up large bills and then the card is flagged as stolen.
- deleted 8y ago[deleted]
- hknd 8y agoIt looks like they used a personal GCP account for their multi-million dollar business. Would be interested to see what would've happened if they would've used a business account.