Dark Web: Stolen Credit Card Details Going For £11 A Piece
New data shows that on average, stolen Visa or MasterCard details cost just £11 ($15) to buy on the dark web with Bitcoin or other anonymous altcoins. Figures compiled by UK credit reporting agency Equifax shows the US to be the cheapest area in which to purchase stolen card information, with the EU and the UK prices around 2.5 times higher. “There is a huge variety of stolen data available for sale on the dark web, including both financial information and login details,” Equifax comments. Interestingly, items such as hacked email accounts go for much more, particularly if they are....
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Five members of the US Army National Guard have been arrested. All of the suspects are involved in an illegal scheme involving stolen credit cards bought with Bitcoin. The news broke on May 23, 2016 when a message appeared on the US Department of Justice website regarding the incident. The official source mentions how four US Army National Guardsmen have....
Some serious questions are waiting to be answered when it comes to dealing with online payment fraud. Most of the issues associated with credit card payments stem forth from user data being stolen, and sometimes, that is the end user’s fault.Britain’s most senior police officer feels online fraud victims should not be reimbursed by banks. Sayings like these will eventually push consumers to Bitcoin and alternative forms of finance. “No Need To Refund Online Fraud Victims”. Nothing is more annoying than seeing a credit card statement with charges for items and services the owner did not....
Although the cryptocurrency has been a preferred payment method among Darknet vendors for some time, it looks like things are only getting worse. The dark web remains a premier marketplace for stolen credentials and other information these days. With the 2016 tax season in full effect in the US, scammers are collecting information at every possible turn. With the stolen information, criminals can commit tax refund fraud. Even people who aren’t bothered to steal the information themselves, buying the details from the deep web has become relatively easy these days. It is evident the 2016 US....
A group of US Army National Guard members have been arrested and charged with a scheme to use bitcoin to purchase stolen credit card numbers in order to make fraudulent purchases from a number of military bases. The Justice Department has said that three guardsmen – Derrick Shelton, James Stewart and Quentin Stewart – were arrested last week after being indicted earlier this month. The men were accused of using bitcoin to buy stolen credit and debit card numbers online and then use magnetic strip re-encoding tools and software to apply those stolen numbers to actual cards in their....