Underground card shops are the primary means through which criminals obtain stolen payment card data. Since these shops enable criminals to purchase this data rather than steal it themselves, they lower barriers to entry for those seeking to make fraudulent card-not-present (CNP) transactions. Although card shops remain a scourge for security and anti-fraud teams, the data they harbor can provide invaluable visibility into the fraud ecosystem.
During this webinar, Flashpoint analysts will visualize data from the notorious Joker’s Stash card shop to reveal:
• The most prevalent sources, geographic locations, advertised prices, and other characteristics of stolen payment card data
• Common motivations and targeting patterns of criminals who frequent card shops and engage in carding fraud
• How security and anti-fraud teams can use this information to better understand and combat carding fraud and other illicit schemes
About the speakers
Ian Gray is the Director of Americas Research & Analysis at Flashpoint, where he focuses on cybercriminal abuse of new and emerging technologies in English and Portuguese language communities, policy gaps that contribute to fraud, and economic factors that impact cybercrime. Ian is also an adjunct Professor at Fordham University's Master of Cybersecurity Program.
Vlad Cuiujuclu is an Analyst at Flashpoint, where he focuses on cybercrime intelligence. He is especially interested in the Russian-language segment of the deep & dark web, disinformation campaigns, and emerging tactics, techniques, and procedures (TTPs) used by threat actors in Eastern Europe
This webinar was recorded on November 12, 11:00 a.m. - 12:00 p.m. ET.