Bengaluru: In a massive breach, 1.3 million Credit, Debit cards from India are reportedly being offered for sale on the dark web. Cybersecurity firm Group IB has stated that it is still trying to learn where exactly the Darkweb card seller ‘Joker’s Stash’ got all this information from, observing that stolen data is rarely seen in this form. This breach was reportedly detected about 28 Oct by Group IB and they state that available information has been flashed to the proper authorities.
Group-IB CEO and founder Ilya Sachkov wrote that “The cards from this region are very rare on underground markets, in the past 12 months this is the only big sale of card dumps related to Indian banks.” ‘Joker’s Stash’ has reportedly a long history of card sales on the dark web. The Singapore based Cybersecurity firm has valued this stash of Credit Debit Cards from India at about $130 million (Rs. 920.9 Crores).
Newsweek has called it “the biggest data dump in history”.
What makes this dump different is that data of all the cards was released in one dump, unlike little by little as was being done earlier, and also that the release was not promoted in any card shop, news page or any other darknet forum. It is also the first large dump from Indian Banks, where this problem has been relatively unknown. While names of the banks involved are not known, Group IB is being reported to have said that 18 % of the cards involved are from a single bank.