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Chandigarh
February 28, 2020
Economy

A fresh million Indian payment card records on sale in the Dark Web

TPE Correspondent

7 February 2020

“INDIA-BIG-MIX” (full name: [CC] INDIA-BIG-MIX (FRESH SNIFFED CVV) INDIA/EU/WORLD MIX, HIGH VALID 80-85%, uploaded 2020-02-05 (NON-REFUNDABLE BASE)”

If you’re wondering what this seemingly random set of words mean, that is how a fresh database of 461,976 payment card records currently on sale on Joker’s Stash, a popular underground cardshop in the dark web has been listed.

Group-IB, a Singapore based cybersecuritycompany specialising in preventing cyber attacks which detected the database, says that over 98% of this database on sale were cards issued by Indian banks.

At the moment, the source of this new breach is unknown. The card records were uploaded on the 5th of February and that the total estimated value of the database according to Group-IB, is USD4.2 million, at around USD 9 apiece. Till yesterday morning 16 cards details were found to have been sold. Those who buy these cards do so with the intention of committing payment card fraud.

The company says that they have already alerted India’s Computer Emergency Response Team (CERT-In.)

With the sharp rise in digital payments in India and a lack of corresponding rise in awareness of the best practices to use payment cards safely online and offline, the country has become an attractive destination for nefarious elements online.

This newest breach has, according to Group-IB, “exposed card numbers, expiration dates, CVV/CVC codes and, in this case, some additional information such as cardholders’ full name, as well as their emails, phone numbers and addresses.”

This is the second major database of Indian payment card details that Group-IB has detected since October when 1.3 million credit and debit card records of mostly Indian banks’ customers uploaded to Joker’s Stash with and estimated underground market value of USD130 million was detected in what became “the biggest card database encapsulated in a single file ever uploaded on underground markets at once.”

According to Dmitry Shestakov, the head of Group-IB cybercrime research unit, “In the current case, we are dealing with so-called fullz — they have info on card number, expiration date, CVV/CVC, cardholder name as well as some extra personal info.”

They also say that unlike earlier breaches what “distinguishes the new database from its predecessor is the fact that the cards were likely compromised online, this assumption is supported by the set of data offered for sale.”

Shestakov adds “such type of data is likely to have been compromised online — with the use of phishing, malware, or JS-sniffers — while in the previous case, we dealt with card dumps (the information contained in the card magnetic stripe), which can be stolen through the compromise of offline POS terminals, for example.”

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