31 Oct 2019, 12:41PM ISTSource: TOI.in
Skimmed at ATMs & shops? Details of about 1.3 million (13 lakh) debit and credit cards have been put up for sale on a darknet marketplace called Joker’s Stash. It is believed that the data dump could have been obtained by skimming details from the magnetic stripe on the cards, while bank users were using ATMs and point of sale machines. Group-IB — a Singapore-based firm that specialises in detection and prevention of cyber attacks — said of the 1.3 million cards, 98% are believed to be from India. Total cards in circulation in India, including both debit and credit, stood at 971.7 million as of September 2019. The fraudsters selling the data claim that they have both track-1 and track-2 data, which can be used for online transactions or for cloning cards.