Details of 13 lakh debit, credit cards compromised

Details of about 1.3 million (13 lakh) debit and credit cards have been put up for sale on a Darknet marketplace named Joker’s Stash. The data was obtained by skimming details from the magnetic strip on the cards as users were using ATMs.

Group-IB of Singapore, which specializes in preventing cyber attacks, stated that 98% of the 1.3 million cards are believed to be from India. As per media report, fraudsters claimed to have both track-1 and track-2 data which can be used for online transactions or cloning cards.

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Group-IB researchers found card details being sold at $100 each. The total value of the card database is estimated at over $130 million. CEO and founder of Group-IB, Ilya Sachkov said they have alerted authorities concerned.

-PTC News