Business Standard

Why debit, credit cardholders should remain beware of Joker's Stash

The darknet or darkweb is parallel to the internet but provides users with anonymity, which is often exploited for criminal activities

bank, credit cards, card, debit cards, online payment, digital transaction, digital
Premium

In view of growing security risks, banks and card companies need to safeguard their systems against the risk of cyberattacks.

Sanjay Kumar Singh New Delhi
Media reports say that details of 1.3 million credit and debit cards, mostly belonging to customers of Indian banks, are up for sale on a darkweb marketplace called Joker’s Stash. The darknet or darkweb is parallel to the internet but provides users with anonymity, which is often exploited for criminal activities. Reports suggest this lot could fetch the cybercriminal as much as $130 million upon sale. 

Hackers and fraudsters deploy a variety of techniques to obtain card data illegally. “They could hack into the information technology (IT) network and database. Sometimes the data gets leaked accidentally from controlled areas and

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in