If you’ve been a victim of credit card fraud, you’ll know exactly how it feels and how difficult it can be to restore your credit record. If you want to avoid becoming a victim, you can help yourself by regularly visiting this website, entering your email address and searching for free to see if we have found your details being traded on the Dark Web.
At C6, we monitor 100+ criminal carding sites. Last week our scrutiny of a Vietnamese site on our watch list revealed more than 352,000 stolen, hacked credit cards for sale. At a first glance, the website appears to be a professional, even legitimate, trading website with pages such as ‘About us’, ‘Terms and conditions’, ‘Help’ and ‘Delivery and Returns Policy’. Yet the goods for sale are clearly illegitimate.
First choose your credit card type from a selection of MasterCard, Visa and Amex Discovery. Then select your preferred country, state and even postcode. Data is not always available for every UK, Australian and Canadian address but pretty much every US zip code will yield results. Prices vary between $1.50 for a basic Visa card to $5 for a premium Amex or MasterCard.
Over our seven day monitoring period, over 17,114 Visa, 6,448 MasterCard, 1,422 Amex and 303 Discovery credit cards were sold, netting the hackers $65,321.50, or an estimated $3,4000,000 a year. Nice work if you can get it!
The figures are startling. This is usually a quiet time of the year for fraud. Typically credit cards keep the criminals busy over the Christmas period before they move on to banquet of profitable scams around IRS tax returns in the USA every Spring.
This is a staggering amount of crime that is clearly a big challenge to financial institutions and global law enforcement agencies.
In the past we have experienced difficulties convincing some financial institutions that they need to look into such significant amounts of stolen data. Thankfully, two years in the banking world is a long time and the savvier banks have now realised that cracking down on fraud boosts profits – and is also a moral obligation.
In the meantime, this website has many features that will help you protect yourself from fraud. Enter your email address to check it against our database of addresses for sale on the Dark Web. Read our articles and news stories and this will help you to avoid becoming a victim of these determined fraudsters.
Drawing attention to these issues is the best way to tackle the criminals. We’ll continue to inform financial institutions when we have data that they need. Changing computer systems, employing the right personnel, using the right software, and above all, demonstrating true commitment to the issue takes time and dedication.
We’ll keep working to educate, inform and support financial institutions and you, the consumer, until we’ve made the theft of credit card data an uncomfortable and unprofitable business.