If you've been searching for more information about the recent Brean Club hack, then you're in the right place. Here, we will look at the details of the hack, who was involved, what data was stolen, and how the target banks and companies were affected.
Data stolen from an underground site
The dark web is a dark place, but that doesn't mean that the contents are free to download. In fact, the dark web is home to a plethora of sites that are devoted to selling illegal goods and services.
The underground has seen more than $140 million in revenue in an eight month period. While this might seem like a lot of money, it's not exactly a drop in the bucket.
Data is one of the most lucrative commodities on the dark web. Often, hackers steal information for various forms of fraud. Other uses for this data include harassment. As a result, some companies spend millions on incident response.
The dark web is also home to the most comprehensive databases and a myriad of data-driven services. For instance, there are sites that will let you download a full copy of your social security number. Unlike the open web, this makes it hard for the authorities to track down the website owners.
Targets of the hack
One of the largest underground black market sites for buying stolen credit card data, briansclub cm, has been hacked. This could change the landscape of the Dark Web for years to come.
The site collects data from stolen credit and debit cards. They are then sold for Bitcoin. In exchange, BriansClub earns a percentage of each sale. According to security intelligence firm Flashpoint, BriansClub has a total inventory of $414 million in hacked card records for sale.
Among the hacked records are 26 million credit and debit cards. These can be used to purchase goods online. It is estimated that the stolen cards are worth $414 million.
BriansClub was first discovered by cybersecurity journalist Brian Krebs. He contacted the site's administrator, who told him about the hack. After reviewing the website's content, he confirmed the hack.
Brains club has a file that includes almost eight million cards uploaded in the last year. These are called “dump” files. Almost all the records in the file are strings of zeros and ones.
Resells cards stolen by other cybercriminals
Gift cards have long been a popular way to launder illicit funds. These days, however, retailers are increasing their security measures to prevent fraudulent gift card usage.
One of the more common schemes is to buy a large number of gift cards at a discount and resell them at a higher price. This is commonly referred to as carding, or credit card stuffing.
The most efficient way to do this is to purchase a high-tech gift card revalidation device. Using this device, a criminal can easily intercept a digital certificate and resell it to a buyer in another part of the world. It's a quick and easy way to make some money.
Another method is to use a stolen credit card to buy a gift card. However, this can be a tedious process and it's not always possible. In some cases, a bank can request that the gift card be voided. Luckily, most banks are aware of this and have a good idea of what to do when this happens.
