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How Stolen Credit Cards are sold

Have you ever wondered how criminals who hacked, phished or stole Credit Card information sell them later on ? I mean, where would you go and sell the stuff and where would a buyer look to find it ? One possible way is to create a blogspot blog and sell it from there. Sounds to easy to be true ? Read on to find out..

Dante send me this interesting article from Techworld that describes the mechanism behind selling Credit Cards. They are sold in so called dumps which seems to be packs of one hundred numbers starting from $10 per 100 for regular Visa and Mastercard Credit Cards up to $150 for European Gold and Platinum cards.

Techworld calls it a Credit Card Supermarket which does not seem to fit the website at all in my opinion. It looks pretty spammy, probably to keep regular visitors from exploring the website. I think it is interesting to note that there is no obvious way to contact the sellers other than to reply with a comment on your own which would make a seller pretty vulnerable to investigations unless they take extra precautions.

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About the Author:Martin Brinkmann is a journalist from Germany who founded Ghacks Technology News Back in 2005. He is passionate about all things tech and knows the Internet and computers like the back of his hand. You can follow Martin on Facebook or Twitter.

Author: , Wednesday March 26, 2008 -
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Responses so far:

  1. OldSailor says:

    Very valuable tip. Is this not a cyber crime ? Thanks for the tip.

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