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Home Incidents

BidenCash Lures Cybercrime with 1.9M Cards

December 22, 2023
Reading Time: 2 mins read
in Incidents
BidenCash Lures Cybercrime with 1.9M Cards

The BidenCash darkweb marketplace, notorious for trading stolen credit cards, has released 1.9 million credit cards for free as a promotional tactic to attract cybercriminals. BidenCash, operational on both the dark web and the clearnet, emerged in early 2022 and gained popularity by selling stolen credit and debit cards obtained through phishing or e-commerce skimming.

The marketplace offers stolen card details at prices as low as $0.15 per item, and its latest move involves distributing 1.9 million credit cards for free, the fourth such release since October 2022, totaling over 5 million leaked cards. Over time, BidenCash has built its reputation by occasionally providing free data dumps, which, although promoting its notoriety, might contain duplicates, invalidated, or expired cards.

This recent release includes card numbers, expiration dates, and three-digit CVVs, potentially exposing cardholders to risks of unauthorized online purchases and money-mule networks. While most card expirations range from 2025 to 2029, some entries indicate expired cards from 2023. The leaked data, if valid, could lead to financial loss for cardholders and may also be exploited in scams or attacks targeting bank employees. Despite potential risks, the authenticity of the leaked data has not been officially confirmed.

However, given BidenCash’s history of providing genuine data in previous releases, it is unlikely to tarnish its reputation with a fake data dump. The platform has remained active in 2023, operating as a data and money exchange hub within a market that has witnessed a decline in recent years. To mitigate the risk of payment data exposure, users are advised to shop from reputable retailers, employ digital payment methods or one-time private cards, and reinforce account security with two-factor authentication.

Reference

  • BidenCash Offers 1.9M Stolen Credit Cards for Free in Darkweb Promo
Tags: BidenCashCyber AttacksCyber Incidents 2023Cyber threatcyber-incidentcybercrimesCybercriminaldarkwebDecember 2023
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