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Once on the site, users can search the site's vast database of stolen credit card information and buy individual card details or vast datasets. What’s funny to consider is the "format" of the card is irrelevant. You’ll still get arrested, but you’ll have a funny story to share in prison. The examine, "Swiped: Analyzing Ground-reality Data of a Marketplace for Stolen Debit and Credit Cards," the first inside evaluation of an underground market for stolen credit score and debit playing cards, found that chip-enabled playing cards are no assure of security if house owners nonetheless swipe the stripe: the investigators found that within the last two years of the leaked data, 85% of the stolen magnetic stripe information originated from EMV chip-enabled playing cards. "And even three years after the legal responsibility shift to EMV chips, there still was a small however persistent supply of newly issued cards without chips, especially amongst prepaid playing cards." He said that such non-EMV accounts saw much better demand than EMV accounts and made up 30.4% of the illicit shop’s gross revenue after the legal responsibility shift
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