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Joker's Stash Puts $130M Price Tag on Credit Card Database
A recent update on Joker's Stash arrived on Oct. 29, when it added data pertaining to more than 1.3 million credit and debit cards reportedly taken from banking customers in India. The data dump released was one of the largest in Joker's Stash's history, researchers report, with pricing information valued at $100 per card, which put the total for the database at $131 million.
Joker's Stash and similar marketplaces provide value beyond cybercrime, researchers say. Fraud teams can leverage its data to learn what card data is for sale and the timing of its availability on Joker's Stash. This reveals the common point of purchase (CPP) of compromised cards and can help identify the geographical source of a breach and stem its potential impact, they explain.
(Score: 2) by Nuke on Friday November 15 2019, @04:47PM (1 child)
How the hell can consumer data be worth $100 per card? Perhaps to a buyer who sells it to someone else for >$100 per card, like a pyramid scheme until it reaches some sucker at the end of the line.
(Score: 0) by Anonymous Coward on Saturday November 16 2019, @06:52PM
If it's not "expected final cashout/card", divided however the criminals divide it, it's a useless figure.
Is it that?
If not, 'next datum' on this topic. Every time, unless it's sociological (eg. criminal org breakdowns). I hope you can see why.