Blog Archives: tag "Credit Card Theft"

Credit Card Theft, European Credit Card Theft, Credit Card Black Market

The Washington Post published an article recently after looking into credit card fraud and the trade of stolen card numbers online, finding that stolen European credit cards are five times more valuable than those from the US – with European card details going for around $50 USD each, and US ones closer to just $10 USD.

Why is this the case, and why are European cards more sought after by fraudsters? Well, the first reason is oversupply of US card details.

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