The Month of October in 5 Articles

Each Month Terbium Labs’ Research Team reviews the top news and information from the corners of the internet just for you! Articles, research, infographics, and more related to Infosecurity, cybercrime, payment card fraud, automation, and other popular topics have been summarized to provide insight for the Month of October in 5 Articles.

25 Million Credit Cards Rescued

BriansClub, a leading underground marketplace known for the sale of stolen credit card data has been hacked and 26 million payment cards have been rescued, including 7.6 million uploaded this year alone. 

WHY DO I CARE?

Many federal prosecutions involving stolen credit card data value each stolen credit card at $500. The database containing the 26 million cards that were rescued from the marketplace, therefore, is worth an astounding $414,000,000.  Additionally, Gemini Advisory, which monitors dark web carding shops for financial institutions, is tracking a total of 87 million stolen card records.  This “rescue” could represent almost ⅓ of the available credit card records being removed from the dark web.

THE GIST

This detailed post from Krebsonsecurity.com breaks down the “rescue” of 26 million stolen cards and gives insight to the potential impact this could have on other carding markets. 

The World Teams Up to Fight Child Abuse

Described as one of the largest child pornography operations encountered to date, this writer is ecstatic to share that “Welcome to Video,” a website specializing in the upload and viewing of some of the most despicable and heinous acts ever to take place involving children, has been shut down! Law enforcement agencies from 18 nations teamed up for the historic takedown.

WHY DO I CARE?

Well, first I think we can all agree that child abuse – particularly that kind of abuse – is evil and should be punished, come on. But furthermore, this case proves that it is possible to tackle the trade in child abuse imagery; without making the internet more dangerous through the subversion of encryption, which many political leaders have been pushing for – citing child abuse as a driving factor.

THE GIST

Finally something positive! The proprietor of a popular child abuse site and 337 of his users have been arrested and charged as a part of an international dark web bust without subverting encryption and putting everyone else at risk.