Over 4.5 Million Stolen Credit Cards Up For Sale On The Dark Web

Share post:

Although the report represents a significant 68% decrease from the more than 14 million stolen cards detected in the last half of 2021, it shows that the security vulnerabilities that lead to stolen credit cards are not yet fixed.

While 45% of the cards up for sale on underground markets were issued in the United States, Russian credit cards are much less common on the dark web, with only about 5,400 cards seen for sale in the first half of 2022.

Among the possible reasons why the U.S. is taking the largest share is the fact that it is home to more than 1 billion credit cards, and the slower decision to use EMV cards, an embedded security chip that protects consumers from theft and compromise.

Most of the stolen credit cards seen on the Dark Web during the first half of the year were issued by four major networks: 49% came from Visa cards, 36% from Mastercard, 13% from American Express and 2.5% from Discover.

To protect their credit cards from ending up on the dark web, users should follow some tips, including monitoring their bank accounts by scanning financial accounts for suspicious transactions and making sure they don’t respond directly to emails asking them to confirm an order or delivery.

Others include ending dependence on using the same passwords on different websites and services, watching out for coupons and promotions sent via text or email, and installing chip-enabled point-of-sale systems (for retailers).

The sources for this piece include an article in TechRepublic.

Featured Tech Jobs


Related articles

Google Play introduces new biometric verification with a user warning

Google has recently announced updates to the biometric verification process for Google Play purchases, aiming to bolster security...

Cyber Security Today, Week in Review for week ending Friday April 19, 2024

On this episode Jen Ellis, co-chair of the Ransomware Task Force, talks about ways of fighting one of the biggest cyber threats to IT d

Cyber Security Today, April 19, 2024 – Police bust phishing rental platform, a nine-year old virus found on Ukrainian computers, and more

This episode reports on a threat actor targeting governments in the Middle East with a novel way of hiding malware is going international

Controversial expansion of US surveillance powers nears Senate vote

The US Senate is poised to vote on a significant expansion of Section 702 of the Foreign Intelligence...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways