UPDATED 22:11 EDT / OCTOBER 15 2019

SECURITY

Site that sells stolen credit card data hacked by cyber vigilantes

BriansClub, an underground site that offers more than 26 million stolen credit cards for sale, has been hacked in an apparent case of cyber vigilantism.

Detailed today by security researcher Brian Krebs, the attack enabled those behind it to share the stolen card details with multiple sources who work with financial institutions to identify and monitor or reissue cards that show up for sale on underground markets.

The stolen card details also showed when they were uploaded to BriansClub. The site started with 1.7 million card records for sale before adding 2.89 million stolen cards in 2016, 4.9 million cards in 2017 and 9.2 million in 2018. Between January and August this year, August being the month the hack took place, about 7.6 million cards were added. The value of the stolen cards is estimated to be $414 million.

The owner of BriansClub, who claims to be Brian Krebs himself and even uses the security researcher’s likeness, confirmed the theft with the real Krebs, saying that the organization’s data center was hacked and that information affected by the breach has since been taken down.

“The theft ultimately has little impact on credit card owners, since all of the cards were going to be used for fraud, anyway,” Paul Bischoff, privacy advocate with research firm Comparitech Ltd. told SiliconANGLE. “It’s interesting to note that Krebs thinks the supply of stolen cards for sale on BriansClub outstrips demand. There are literally more stolen credit cards up for sale than criminals know what to do with.”

The number of stolen cards hosted by BriansClub was also noted by Deepak Patel, security evangelist for bot protection firm PerimeterX Inc., who said that the BriansClub breach is a reminder of the sheer volume of stolen card data available online. “It’s important for retailers to keep an eye out for the common signs of carding attacks such as low-cost purchases — used to verify the stolen cards — followed by large purchases using the same card,” he said.

Ilia Kolochenko, founder and chief executive of web security company ImmuniWeb, noted that the incident proves cybercriminals are not immune from being hacked themselves.

“Sadly, most of these ‘internal’ incidents further exacerbate the situation for the victims who will likely find their personally identifiable information or stolen cards being exposed even to bigger number of unauthorized third parties,” Kolochenko said. “The presumed value for law enforcement agencies, when the data about illicit traders becomes public, is likewise questionable given that most of the readers know how to use chained VPNs and proxies.”

Photo: Pxhere

A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU