Monday, March 8, 2021
  • Setup menu at Appearance » Menus and assign menu to Top Bar Navigation
Advertisement
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News
No Result
View All Result
NikolaNews
No Result
View All Result
Home Internet Privacy

Russian Pleads Guilty to Running ‘CardPlanet’ to Sell Stolen Credit Cards

January 24, 2020
in Internet Privacy
Russian Pleads Guilty to Running ‘CardPlanet’ to Sell Stolen Credit Cards
587
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

Image credit: Times of Israel.
Aleksei Burkov, a 29-year-old Russian hacker, on Thursday pleaded guilty to multiple criminal charges for running two illegal websites that helped cyber criminals commit more than $20 million in credit card fraud.

The first website Burkov operated was an online marketplace for buying and selling stolen credit card and debit card numbers—called Cardplanet—which roughly hosted 150,000 payment card details between the years 2009 and 2013.

You might also like

Researchers Find 3 New Malware Strains Used by SolarWinds Hackers

Bug in Apple’s Find My Feature Could’ve Exposed Users’ Location Histories

Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!

Cardplanet marketplace offered stolen payment card details for anywhere between $2.50 and $10 a card, depending on the card type, country of origin, and the availability of card owner information.

The carding website even offered a paid service that allowed buyers to instantly verify if a stolen payment card were still valid.

“Many of the cards offered for sale belonged to U.S. citizens. The stolen credit card data from more than 150,000 compromised payment cards was allegedly sold on Burkov’s site and has resulted in over $20 million in fraudulent purchases made on U.S. credit cards,” the Department of Justice said in an old press release.

The majority of such stolen credit cards are obtained using illegal means such as phishing and the use of banking malware, malicious software implanted into cash registers at the stores, leaked databases, and hacked financial account passwords.

Besides Cardplanet, Burkov also masterminded a separate invite-only forum website for elite cybercriminals where they advertised stolen personal identity information, malicious software, and other illegal services, like money laundering and hacking services.

“To obtain membership in Burkov’s cybercrime forum, prospective members needed three existing members to “vouch” for their good reputation among cybercriminals and to provide a sum of money, normally $5,000, as insurance,” the Department of Justice said on Thursday.

“These measures were designed to keep law enforcement from accessing Burkov’s cybercrime forum and to ensure that members of the forum honored any deals made while conducting business on the forum.”

Burkov was arrested at Israel’s Ben-Gurion Airport in late 2015 and extradited to the United States in November 2019 after he lost his appeal against extradition in the Israeli Supreme Court and the Israeli High Court of Justice.

According to local media, Russia last year offered Israel to release one of its citizens Naama Issachar, who was sentenced in Russia for drug offenses, in exchange for Burkov’s release, but Israel turned down that offer and allowed his extradition to the United States.

On admitted charges of access device fraud and conspiracy to commit computer intrusion, identity theft, wire, and access device fraud and money laundering, Burkov is facing a prison sentence of up to 15 years, which will be announced by the federal court in Alexandria on 8th May 2020.


Credit: The Hacker News By: noreply@blogger.com (Swati Khandelwal)

Previous Post

AI Being Used to Help Diagnose Mental Health Issues; Privacy Concerns Real

Next Post

Singapore orders Malaysia site blocked under online falsehoods law

Related Posts

Researchers Find 3 New Malware Strains Used by SolarWinds Hackers
Internet Privacy

Researchers Find 3 New Malware Strains Used by SolarWinds Hackers

March 6, 2021
Bug in Apple’s Find My Feature Could’ve Exposed Users’ Location Histories
Internet Privacy

Bug in Apple’s Find My Feature Could’ve Exposed Users’ Location Histories

March 6, 2021
Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!
Internet Privacy

Mazafaka — Elite Hacking and Cybercrime Forum — Got Hacked!

March 6, 2021
Google Cloud Certifications — Get Prep Courses and Practice Tests at 95% Discount
Internet Privacy

Google Cloud Certifications — Get Prep Courses and Practice Tests at 95% Discount

March 5, 2021
CISA Issues Emergency Directive on In-the-Wild Microsoft Exchange Flaws
Internet Privacy

CISA Issues Emergency Directive on In-the-Wild Microsoft Exchange Flaws

March 5, 2021
Next Post
Singapore orders Malaysia site blocked under online falsehoods law

Singapore orders Malaysia site blocked under online falsehoods law

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

Plasticity in Deep Learning: Dynamic Adaptations for AI Self-Driving Cars

January 6, 2019
Microsoft, Google Use Artificial Intelligence to Fight Hackers

Microsoft, Google Use Artificial Intelligence to Fight Hackers

January 6, 2019

Categories

  • Artificial Intelligence
  • Big Data
  • Blockchain
  • Crypto News
  • Data Science
  • Digital Marketing
  • Internet Privacy
  • Internet Security
  • Learn to Code
  • Machine Learning
  • Marketing Technology
  • Neural Networks
  • Technology Companies

Don't miss it

Top 6 Regression Techniques a Data Science Specialist Needs to Know
Data Science

Top 6 Regression Techniques a Data Science Specialist Needs to Know

March 8, 2021
Dataiku named as Gartner Leader for Data Science and Machine Learning
Machine Learning

Dataiku named as Gartner Leader for Data Science and Machine Learning

March 8, 2021
Bill establishing cyber abuse takedown scheme for adults enters Parliament
Internet Security

eSafety defends detail of Online Safety Bill as the ‘sausage that’s being made’

March 8, 2021
An Easy Way to Solve Complex Optimization Problems in Machine Learning
Data Science

An Easy Way to Solve Complex Optimization Problems in Machine Learning

March 8, 2021
Machine Learning Patentability In 2019: 5 Cases Analyzed And Lessons Learned Part 4 – Intellectual Property
Machine Learning

Podcast: Non-Binding Guidance: FDA Regulatory Developments In AI And Machine Learning – Food, Drugs, Healthcare, Life Sciences

March 8, 2021
Here’s an adorable factory game about machine learning and cats
Machine Learning

Here’s an adorable factory game about machine learning and cats

March 8, 2021
NikolaNews

NikolaNews.com is an online News Portal which aims to share news about blockchain, AI, Big Data, and Data Privacy and more!

What’s New Here?

  • Top 6 Regression Techniques a Data Science Specialist Needs to Know March 8, 2021
  • Dataiku named as Gartner Leader for Data Science and Machine Learning March 8, 2021
  • eSafety defends detail of Online Safety Bill as the ‘sausage that’s being made’ March 8, 2021
  • An Easy Way to Solve Complex Optimization Problems in Machine Learning March 8, 2021

Subscribe to get more!

© 2019 NikolaNews.com - Global Tech Updates

No Result
View All Result
  • AI Development
    • Artificial Intelligence
    • Machine Learning
    • Neural Networks
    • Learn to Code
  • Data
    • Blockchain
    • Big Data
    • Data Science
  • IT Security
    • Internet Privacy
    • Internet Security
  • Marketing
    • Digital Marketing
    • Marketing Technology
  • Technology Companies
  • Crypto News

© 2019 NikolaNews.com - Global Tech Updates