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Once on the site, customers can search the positioning's vast database of stolen bank card info and purchase particular person card particulars or huge datasets. What’s funny to think about is the "format" of the card is irrelevant. You’ll nonetheless get arrested, however you’ll have a funny story to share in prison. The study, "Swiped: Analyzing Ground-reality Data of a Marketplace for Stolen Debit and Credit Cards," the first inside analysis of an underground marketplace for stolen credit score and debit playing cards, found that chip-enabled playing cards aren't any guarantee of security if house owners still swipe the stripe: the investigators found that in the final two years of the leaked knowledge, 85% of the stolen magnetic stripe data originated from EMV chip-enabled cards. "And even three years after the liability shift to EMV chips, there still was a small however persistent supply of newly issued playing cards without chips, particularly among pay as you go playing cards." He mentioned that such non-EMV accounts noticed much greater demand than EMV accounts and made up 30.4% of the illicit shop’s gross revenue after the liability shift
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