Joker’s Stash Carding Market to Call it Quits
Summary: Joker's Stash, described as by some accounts the largest underground shop for stolen credit card and identity data, announced it would close effective mid-February 2021, weeks after U.S. and European authorities seized several of its servers on Dec. 16, 2020. The store opened in October 2014 and Gemini Advisory estimates it generated more than a billion dollars in revenue, much of it from card records stolen from merchants including Saks Fifth Avenue, Hilton Hotels, Whole Foods, Chipotle and Wawa.
Key Takeaway: A billion-dollar marketplace is winding down, but Gemini assesses with high confidence that its criminal vendors will fully transition to other top-tier dark web marketplaces - the stolen card data does not disappear, it changes storefronts.
Read the original at Krebs on Security ↗
- Topics
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