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Breach Concerns: Stolen Card Data Still Survives Five Years Later

The dark web is a haven for stolen data, personal and financial information - and keeps fraud threats alive for years.

The dark web The dark web. (Source: Shutterstock)

How fraudsters use credit card information to commit fraud. Riskified teamed with IntSights to follow an actual breached card from its dark web debut to its continued use five years later.

The study, “A Step-By-Step Breakdown: How Fraudsters Steal Your Identity and Shop Online With Your Money,” by Israel/New York-based Riskified, which offers an e-commerce fraud prevention solution; and New York-bsed IntSights traced how personal information is stolen, sold by dealers and fraudsters, and then used in a fraudulent order with e-cards.

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Roy Urrico

Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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