Bank details of Indians on sale on ‘dark web’ for Rs 500: report

The Madhya Pradesh cyber cell has reportedly busted an international gang that made large-scale online purchases and enjoyed foreign trips by using hacked information of credit cards.

Debit and credit card details, including the particulars of the bank account a card is linked to, the CVV number, phone numbers, and email IDs are said to have been compromised.

According to a Times of India report, the police unearthed that detailed confidential information about bank customers is available for sale on the dark web for as low as Rs 500. And, the gang used Bitcoins — a decentralised cryptocurrency — to purchase the credit/debit card information online. The gang also used to select the online e-commerce website, where they do not need a one-time password (OTP) to make a purchase. So, the holders would get the information about the misuse of credit cards only after the payment.

The Madhya Pradesh cyber cell have arrested two suspects from Mumbai who allegedly work in a gang led by a Pakistani national operating from Lahore. The gang purchased card information using dark web and used them for their trips to Bangkok, Malaysia, Hong Kong and Dubai. Simultaneously, they also made online purchases of expensive items from foreign companies.

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    By: KN Web Desk

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