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ExtraTorrent.cc > Articles > UK Credit Card Details Are Sold Online

UK Credit Card Details Are Sold Online

UK Credit Card Details Are Sold Online

Added: Monday, November 2nd, 2015
Category: About Torrents > Staying Safe And Secure
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2015
Following the TalkTalk cyber-attack, fears rise over the security of personal information, and not without a reason: the UK experts found out that credit card details are on sale online for as little as £1 each. Indeed, over 600,000 individuals had their personal data stolen from British companies last year. So, it is not surprising that some of those details ended up in criminals’ hands.

For example, details stolen on Tuesday were offered for sale online the following day on a website registered in Russia but run in English. The website didn’t specify where the details were harvested from, but all the cards were owned by UK residents. This example is striking, because the site is on the “surface” Internet and easily available to conventional users. The website features a high-end design and layout, offers customer support and even promises an 80% success rate for the buyers.

Stolen card details can also be purchased at lower prices in the dark web, which can be accessed via the Tor browser. The security experts managed to access a website selling credit cards for about £1 per card and PayPal accounts for $1 each.

It should be noted that purchasing the stolen data is just the first step in a process used by the criminals to convert digital data into hard cash. This is usually done in the following way: the credit cards are used to load money onto pre-paid debit cards opened without the checks from banks. Then, pre-paid debit cards are used to purchase online gift cards, which are then used to acquire high-value electronics and sell the items at a discount for cash.

The question is how do the dark websites get the details? First of all, via card-skimming, which involves a compromised terminal or company employee on the take, who steals the details of a card when completing a transaction. The second way is malware that infects a PC to monitor communications for confidential data like banking passwords, credit card details and social media logins. The third major source is large-scale hacks – the most recent example of which was TalkTalk breach on 23 October.

In some cases, the stolen data is ready to use, especially where the company failed to encrypt credit card data or passwords on their servers. Otherwise, it may be used as the first step in stealing someone’s identity.

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Date:  Monday, November 2nd, 2015

Comments (2) (please add your comment »)

posted by Trusted UploaderSite FriendET junkieET loverSupermanSunTurtle (2015-11-02 20:16:28)
snotlob avatarSounds more like a po po sting to me

posted by Turtle (2015-11-03 09:22:36)
paquito208 avatarI don´t know how things goes on in UK but in Spain for example a founded or robbed credit card is quite useless.Even if you you know all the data from a credit card you won´t be able to buy anything from WWW.Every time you use the card to buy something from internet your bank send you instantly a SMS with a code in order to authorize the buy. Without that code you won´t be able to make the transaction.Simple like that.

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