If you think your card is safe from attackers, think again!
A Singapore-based cybersecurity firm has unearthed a batch of more than 13 lakh stolen debit and credit cards on the dark web.
They all belonged to popular Indian banks and were available at $100/card (Rs. 7,100/card).
Here's all you need to know about it.
Database of credit, debit cards on the dark web
On October 28, the folks at security firm Group-IB spotted more than 13 lakh Indian credit, debit cards on Joker's Stash, a website on dark web for buying/selling stolen information.
The researchers described it as one the biggest and most valuable data dumps on the darknet, estimating the total value of the cards to be around $130 million.
Bank details, however, have not been revealed
While this kind of leak is incredibly scary, the researchers at Group-IB have not revealed the details of the banks whose customers' card information has been compromised.
It only said more than 18% of the cards come from a single Indian bank, further adding that all the concerned Indian authorities have been informed about the incident.
No word on who uploaded this information
As of now, it remains unclear how the cards got leaked and who uploaded them on Joker's Stash.
"The cards from this region are very rare on underground markets, in the past 12 months, it is the only big sale of card dumps related to Indian banks," Ilya Sachkov, CEO of Group-IB said, adding that their customers have also been notified about this.
How this information could be used?
As authorities continue to investigate this matter, it's imperative to note that this information can easily be used with social engineering to conduct financial theft.
Essentially, anyone can shop from your card or say your card number on call to trick you into giving away your CVV, which can then be used for stealing money from your bank account.