The Fraud Ecosystem and the Deep Web
In June of this year, the "Ronald Reagan" batch of credit cards (potentially those stolen from P.F. Chang's) joined the "Barbarossa" batch from Target in becoming publicly available for purchase. They were featured on the popular Rescator card shop (stolen card data marketplace), which offers advanced features like money-back guarantees, pricing tiers and cardholder zip code grouping. This is indicative of the broad, deep and sophisticated underground "Fraud as a Service" network currently in operation. In this in-depth update session, we will learn:
- How is this underground economy structured?
- How is the "Deep Web" being utilized for fraud?
- What threat intelligence can we gather from it?
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