Hackers are guessing your credit card details - and there's nothing you can do about it

Cybersecurity researchers have revealed hackers have discovered a way to find card numbers without breaking into a database, and there’s a...

Cybersecurity researchers have revealed hackers have discovered a way to find card numbers without breaking into a database, and there’s also a booming underground black market for them. 

Researchers at popular VPN service provider, NordVPN analyzed statistical data that was collated by independent researchers from dark web markets and learnt that most of the card numbers sold on the dark web are brute forced.

The attackers are able to pull this off because the digits on most cards follow a fixed pattern, and can be deduced. For instance, the first couple of digits indicate the financial service provider, while the sixteenth is a checksum, and so on. Furthermore, the CVV is made up of three digits, which also helps with the guesswork.

TechRadar needs you!

We're looking at how our readers use VPNs with streaming sites like Netflix so we can improve our content and offer better advice. This survey won't take more than 60 seconds of your time, and we'd hugely appreciate if you'd share your experiences with us.

>> Click here to start the survey in a new window <<

“Clever hackers can significantly cut down how many numbers they need to guess and check to find your payment card number. In fact, researchers at Newcastle University estimate that an attack like this could take as few as six seconds,” note the researchers, adding that an average hacked card’s data costs less than $10.

Numbers game

Crunching the available data, NordVPN says that of the 4,481,379 stolen cards, the maximum (1,561,739) belonged to US citizens. By comparison, only 134,607 cards for sale on the dark web belonged to UK residents. 

Also, the researchers discovered that debit cards were more common than credit cards, which is particularly worrisome since NordVPN says that debit cards don’t have the same level of protections as credit cards. Furthermore, Visa cards were the most common, followed by Mastercard, and American Express.

“There is little that users can do to protect themselves from this threat short of abstaining from card use entirely,” note the researchers, suggesting that users should keep an eye out for suspicious entries in their statements. 

Shield yourself online with these best identity theft protection services



from TechRadar - All the latest technology news https://ift.tt/31pTBru
via IFTTT

COMMENTS

BLOGGER
Name

Apps,3858,Business,151,Camera,1155,Earn $$$,3,Gadgets,1741,Games,926,GTA,1,Innovations,3,Mobile,1697,Paid Promotions,5,Promotions,5,Sports,1,Technology,8084,Trailers,796,Travel,37,Trending,4,Trendly News,24647,TrendlyNews,4,Video,5,XIAOMI,13,YouTube - 9to5Google,3,
ltr
item
Trendly News | #ListenNow #Everyday #100ShortNews #TopTrendings #PopularNews #Reviews #TrendlyNews: Hackers are guessing your credit card details - and there's nothing you can do about it
Hackers are guessing your credit card details - and there's nothing you can do about it
Trendly News | #ListenNow #Everyday #100ShortNews #TopTrendings #PopularNews #Reviews #TrendlyNews
http://www.trendlynews.in/2021/12/hackers-are-guessing-your-credit-card.html
http://www.trendlynews.in/
http://www.trendlynews.in/
http://www.trendlynews.in/2021/12/hackers-are-guessing-your-credit-card.html
true
3372890392287038985
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy