Friday November 15, 2019
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1.3 mn Indian Payment Cards Details up for Sale on Dark Web

On August 22, the dark web store released the first batch of stolen credit card data (dumps) from an alleged point-of-sale (POS) breach at the gas and convenience chain Hy-Vee. It is estimated that Joker's Stash lists 5.3 million credit card numbers related to this breach

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Mastercard
The Initiative of Mastercard brings consumers and merchants to the forefront of the digital payments dialogue. Pixabay

Nearly 1.3 million debit and credit card data of Indian banking customers that can fetch up to $130 million for cybercriminals are available on Dark Web for open sale.

According to ZDNet, the cards’ details is available on Joker’s Stash — one of the oldest card shops on the dark web which is known to be the place where major hackers sell card dumps.

The researchers from cyber security form Group-IBA found the Indian card holders’ listing. Joker’s Stash is advertising it under the “INDIA-MIX-NEW-01” heading.

The debit and credit cards belong to multiple Indian banks and are being sold for $100 each, in what security researchers have dubbed one of the biggest card dumps in recent years.

“Early data analysis suggests the card details may have been obtained via skimming devices, installed either on ATMs or point of sale (PoS) systems,” said the report.

The card dump includes “Track 2 data, usually found on a payment card’s magnetic stripe. The presence of this kind of data automatically rules out skimmers installed on websites (Magecart attacks), where Track 1 and Track 2 is never used.”

credit card
When you fail to make your credit card bill payments, not only does your credit score take a hit, but you also show bad repayment capabilities.

Criminals who buy card dumps from Joker’s Stash typically use the data to clone legitimate cards and withdraw money from ATMs in so-called “cash outs.”

In February, card details for 2.15 million Americans were put up for sale on Joker’s Stash.

In August, nearly 5.3 million card details obtained from gas and convenience chain Hy-Vee customers were also dumped on Joker’s Stash.

Also Read: Google Acquires Leading Wearable Brand ‘Fitbit’

Over the past five years, Joker’s Stash has become one of the premier underground credit card shops through significant releases of stolen credit cards from data breaches at companies like Target, Walmart, Saks Fifth Avenue, Lord & Taylor, and British Airways.

On August 22, the dark web store released the first batch of stolen credit card data (dumps) from an alleged point-of-sale (POS) breach at the gas and convenience chain Hy-Vee. It is estimated that Joker’s Stash lists 5.3 million credit card numbers related to this breach. (IANS)

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Amazon Receives Orders from 99.4 per cent of Pincodes in India

Consumers took the EMI route to fulfill their wishes

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An Amazon Prime Truck is on the Road in Virginia, transporting thousands of items ordered from online giant Amazon. (D Bekheet/VOA)

Aiming to gain a bigger pie of the $5 billion opportunity this festive season, Amazon.in on Friday said it received orders from 99.4 per cent of pincodes in India as over 65,000 sellers from more than 500 cities received orders in just five days of the first edition of its “Great Indian Festival” sale.

Nearly 15,000 sellers more than doubled the sales while millionaire sellers including crorepati sellers now exceed 21,000 sellers in the Great Indian Festival First Sale

Customers from over 15,000 pin codes joined Amazon Prime and Prime members can now be found in every nook and corner of the country.

The company said it witnessed over 88 per cent new customers from small towns.

“The first wave of the Great Indian Festival was our biggest celebration ever with Amazon.in. Orders from 99.4% pincodes, over 65,000 sellers from more than 500 cities receiving orders in just five days and customers from over 15,000 pin codes joining Prime,” said Amit Agarwal, Senior Vice President and Country Head, Amazon India.

According to market research firm Forrester, online retailers in India are expected to generate about $4.8 billion in sales from September 25 to October 29. About 80 per cent of these sales were to happen between September 29 and October 4.

In the smartphone category, there was 15 times growth led by brands like Samsung, OnePlus, Apple, Xiaomi and Vivo on Amazon.in.

“OnePlus recorded over Rs 700 crore in sales while Samsung saw a growth of 5 times compared to the Great Indian Festival 2018 led by stellar performance of the M Series and good demand for Samsung A series and Samsung Note 9,” said Amazon.in.

Amazon, online retailer, Drones
The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

The platform saw as many Apple iPhones flying off the shelves during this year’s sale period as compared to total year-to-date (YTD) sales.

Smart home Echo devices saw record 70 times growth — biggest sale ever for Amazon devices.

Large Appliances category saw an 8 times growth. Almost half of the sales came from lower tier towns powered by brands like Godrej, LG, Samsung and Whirlpool.

“We are excited to see that small businesses across India are embracing technology to find success with Amazon by serving customers with the largest selection of products at great value and convenience,” said Agarwal.

Amazon Fashion saw a 5 times jump — led by shoes with a 6 times increase followed by Apparel at 4 times which sold more than 1 million units within 24 hours of the sale going live.

Also Read: Hiring Security Pros can cut Cyberattack Impact Cost, Says Study

Consumers took the EMI route to fulfill their wishes.

“Number of customers shopping using EMIs was 1.5 times of Great Indian Festival 2018. New-to-credit customers shopping during Great Indian Festival grew 2 times over the event last year,” said Amazon.in. (IANS)