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Are you losing money from your account?  Payment card data leaked to the Internet

Are you losing money from your account? Payment card data leaked to the Internet

Russian hackers released data on 1 million payment cards stolen between 2018 and 2019, including data on accounts from the Czech Republic. In this way, the attackers promote their database of stolen payment cards, which other criminals can use for online purchases, the magazine server wrote. Forbes.

According to the consultancy BDO, among the stolen cards also an unknown amount of data on accounts from the Czech Republic. Security experts estimate that up to half of this sensitive information may still work. These are often card numbers, expiration dates, CVV security codes, names or emails, and phone numbers.

The data was posted by Russian hackers on the All World Cards server as a promotional event, and the actual number of cards may be higher. The latest data from May this year shows that the hacked server contained about 2.6 million data stolen from payment cards of bank customers from all over the world. The largest number, 1.2 million, comes from the United States.

Obviously, access to Czech accounts is among the stolen data.

Martin Horiki, BDO

“Obviously, access to Czech accounts is among the stolen data. Hackers resell card data, so other cybercriminals can use it to shop online or buy prepaid gift cards, making purchases difficult to find.”

The stolen payment cards dated back to 2018 and 2019, yet Italian security firm D3Labs warns that up to half of them may still work. This means that you can shop online through them.

“Hackers steal credit card information through malware or when customers are redirected to payment platforms in online stores. Then, like the All World Card server, it sells for a few dollars to use again. With a million data released for free, a new hacker group shows Their interest in big projects. At the same time, he wants to attract accomplices in other crimes.”

Local banks claim to be resistant to attacks, for example, by monitoring the activities of hackers.

“We are preventing the theft of customer payment data in cooperation with the European Intelligence Service, which has prevented misuse of data by 600 of our customers since last December. As part of the monitoring, this CTI service also operates in various alternative markets or the so-called dark site, where, For example, lists of stolen cards or passwords can be circulated among cybercriminals,” added Jacob Pettanek, cybersecurity analyst from Moneta Bank.

Virtual card will help

Banks have also started issuing virtual payment cards for added security.

There is no plastic, you can’t touch it, there is just a number. But if you want to cancel it for any reason, you can do so with a single click in your mobile banking app, and you can create a new app and start using it right away.

The card can be paid online by entering its details, so it can be loaded to a mobile wallet in the Google Pay, Apple Pay, Garmin or Fitbit applications. Then you can pay with it in physical stores or withdraw money from an ATM if the machine is equipped with contactless technology.

Virtual cards are commonly used by Fintech companies, such as Revolut.