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With the rise of online shopping and digital transactions, the security of our credit card information has become more important than ever. Unfortunately, cybercriminals have found a lucrative market for stolen credit card numbers on the dark web.
Another similar website did the same thing back in August 2021, releasing the details on more than a million credit cards on a number of hacking forums. Criminals can cause all sorts of damage to you with a stolen wallet, from opening new credit cards to committing crimes under your name. Contact local law enforcement and file a police report for the missing or lost wallet.
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What is the Dark Web?
The dark web is a hidden part of the internet that is not indexed by traditional search engines. It is often used for illegal activities, such as buying and selling drugs, weapons, and stolen data. One of the most sought-after commodities on the dark web is stolen credit card numbers.
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- This includes early detection of threats, efficient response to incidents, and overall improvement in digital resilience against sophisticated cybercriminal operations like those conducted by BriansClub.
- Research by VPN provider NordVPN of over four million credit cards for sale on the dark web found that credit cards from US citizens were the most common, with 1.6 million of the 4.5 million analysed being from the US.
- These tools include for example different types of checkers, which assist threat actors in verifying whether the stolen card information they possess is valid and can be used to make unauthorized purchases.
- If the fraudster has more information about you than your credit card number — such as your Social Security number — taking this step will limit the additional damage they can do.
- The Staffing & Recruiting industry was impacted by 8% of Dark Web threats, making it third among other industries.
This week, around 643k data records were announced as lost in the cyber wars. Early on, the public learned of HopSkipDrive’s event, which impacted 155k student guardians. This means these offers can be accessed with just one click from the search results, and people don’t need to go to the dark web to find them.
Facts And Figures Of Credit Cards On The Dark Web
How are Credit Card Numbers Stolen?
Cybercriminals use various methods to obtain credit card numbers, including phishing scams, malware attacks, and data breaches. Once they have a large collection of stolen credit card numbers, they can sell them on the dark web to other criminals looking to make fraudulent purchases or commit identity theft.
The Dangers of Purchasing Stolen Credit Card Numbers
“The cards researchers found are just the tip of the iceberg,” said Adrianus Warmenhoven, a cybersecurity advisor at NordVPN. “The good news is that banking has tried and tested controls in place to deal with stolen credit cards and fraudulent transactions. Compared to the previous year’s report, supply has grown and prices have dropped. Malicious customers now have access to more hacked crypto accounts including verified Xcoins, bitit.io and Bit2me accounts, along with web services such as Uber. “These days, Dark Web sites compete on the quality of their security and customer service,” Ruffio states.
Buying stolen credit card numbers is not only illegal but also puts you at risk of becoming a victim of fraud yourself. If you are caught using stolen credit card numbers, you could face criminal charges and hefty fines. Additionally, using stolen credit card numbers contributes to the overall problem of credit card fraud, which can result in higher fees and interest rates for everyone.
Protecting Yourself from Credit Card Fraud
To protect yourself from credit card fraud, it is important to always keep your credit card information secure and be cautious when sharing it online. Avoid storing your credit card information on websites and regularly monitor your accounts for any suspicious activity. If you believe your credit card information has been compromised, contact your credit card company immediately to report the issue.
In conclusion,
“Card not present” (CNP) fraud (sometimes called “remote sales fraud”) occurs when scammers use stolen credit card information to make illegal purchases online or over the phone. NordVPN researchers have analyzed a dataset of six million credit cards on eight major dark web marketplaces to understand the risks posed by credit card theft. Chillingly, this sample represents only a small fraction of all stolen payment information available on the dark web — it is but the tip of the iceberg of credit card theft worldwide. Detecting and preventing dark web credit card fraud can be difficult since the dark web is, by nature, hidden. By using specialized tools cybersecurity professionals can track these illegal activities and alert financial institutions of potential threats.
The dark web is a dangerous place where stolen credit card numbers are bought and sold every day. By staying vigilant and taking steps to protect your personal information, you can reduce the risk of becoming a victim of credit card fraud.
