Russian Govt. Continues Carding Shop Crackdown

Credit to Author: BrianKrebs| Date: Thu, 10 Feb 2022 01:34:48 +0000

Russian authorities have arrested six men accused of operating some of the most active online bazaars for selling stolen payment card data. The crackdown — the second closure of major card fraud shops by Russian authorities in as many weeks — comes closely behind Russia’s arrest of 14 alleged affiliates of the REvil ransomware gang, and has many in the cybercrime underground asking who might be next.

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Data: E-Retail Hacks More Lucrative Than Ever

Credit to Author: BrianKrebs| Date: Tue, 30 Apr 2019 20:13:03 +0000

For many years and until quite recently, credit card data stolen from online merchants has been worth far less in the cybercrime underground than cards pilfered from hacked brick-and-mortar stores. But new data suggests that over the past year, the economics of supply-and-demand have helped to double the average price fetched by card-not-present data, meaning cybercrooks now have far more incentive than ever to target e-commerce stores.

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