Indian bank cards on dark web

Data of more than 1.3 million debit and credit cards of Indian banks are currently available on the Dark Web for open sale to criminals. These banking card details which are currently available on Joker's Stash - one of the oldest card shops on the dark web are worth $130 million. Joker's Stash happens to be one of the oldest card shops on the dark web where major hackers sell card dumps. But what are these dump cards? Dump cards are unauthorized digital copies of the information contained in the magnetic strip of an active credit/debit card, such as the card number and expiration date. This information can be used to create a fake credit card to make purchases. Researchers from Group-IBA, one of the largest IT service providers in Central and Eastern Europe had found these Indian cardholders' listing. The researchers further mentioned that Joker’s Stash is advertising it under the heading "INDIA-MIX-NEW-01".  The cards belong to multiple Indian banks and are being sold on the dark web for $100 each. Security researchers are considering this to be one of the biggest card dumps in recent years. Ilya Sachkov, CEO and founder of Group-IB, said,

The cards from this region are very rare in underground markets, in the past 12 months, it is the only big sale of card dumps related to Indian banks. Group-IB’s Threat Intelligence customers have already been notified about the sale of this database. The information was also shared with proper authorities.

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