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Stolen credit card data website ironically hacked
Thursday, October 17, 2019
Most of the details on the site are just a string of zeros and ones, otherwise known as dumps, which can be used to make online purchases when encoded.
Hacking the hacker
On the hacking of the site, Ilia Kolochenko, founder and CEO of web security company ImmuniWeb, has commented: “Today, cybercriminals are not immune from being hacked themselves. Sadly, most of these “internal” incidents further exacerbate situation for the victims who will likely find their PII or stolen cards being exposed even to bigger number of unauthorized third parties.”
“The presumed value for law enforcement agencies, when the data about illicit traders becomes public, is likewise questionable given that most of the readers know how to use chained VPNs and proxies. With the upcoming introduction of dynamic CVV, credit card theft business will likely vaporize. However, cybercriminals are already fully equipped to shift their attention to crypto wallets and other low-hanging fruits.” Kolochenko added.
It’s believed that the stolen card data website holds details of cards worth $414 million. Read Full Article
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