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Taking Care of Business: Shop for Cloned Card
The illegal trade of stolen credit cards is a growing problem globally. With the rise of online shopping, criminals are targeting any potential victims who may possess weak online security. It has become increasingly easier to find stolen credit cards online, through sites and marketplaces on the dark web. Such sites offer hackers the chance to gain profit from selling stolen cards, Visa and Mastercard debit cards, or even cloned bank cards. The stolen cards are usually bought for a fraction of their intended purchase value in bitcoin, or other cryptocurrency. However, a much larger risk lies in potentially having oneвs identity stolen, as all personal data of the cardholder is usually known to the criminals.
Once the cards are successfully obtained, the criminals typically turn to sites for buying hacked PayPal accounts in order to gain anonymity. These accounts can be used to cash out the stolen funds from the stolen cards, or goods can be purchased from the stolen credit card information. These tactics make it possible to cash out the
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