War In Ukraine Drives A Decline In Stolen Cards

The Russian invasion of Ukraine in early 2022 is directly linked to a  major decrease in stolen payment card records published to the Dark Web.

Researchers at Recorded Future have released report that describes how the Russian invasion of Ukraine in early 2022 led to a 62% decrease in stolen payment card records. “2022 was a year of system shocks, and the payment card fraud market did not survive unscathed." Russia’s cyber crime crackdown, followed promptly by its full-scale invasion of Ukraine in February 2022, produced lower carding volumes for the remainder of the year. 

Recorded Future stated that it detected a decline in the volume of card-not-present records and card present records on Dark Web carding shops and connects this decrease to two significant events that occurred at the beginning of the year.

  • The first event identified by Recorded Future was a crackdown on cyber crime groups conducted by the Russian state. The operation included arresting suspected members of REvil ransomware group, a leading perpetrator of credit card theft. 
  • The other event was Russia’s invasion of Ukraine, which Recorded Future states impacted threat actors’ ability to engage in card fraud.

“In total, 2022 saw 45.6 million card-not-present (CNP) and 13.8 million card-present (CP) payment card records posted for sale to carding shops on the Dark Web. These figures were considerably lower than the 60 million CNP and 36 million CP records posted for sale in 2021,” says Recorded Future’s Report. 

These records were later published to the Dark Web on cyber crime underground forums and the Report from Recorded Future details all payment fraud trends and information from 2022. 

Recorded Future:      Recorded Future:    CyberWire:    Oodaloop:     Infosecurity Magazine:     ITSecurity News

You Might Also Read: 

One Million Stolen Credit Cards Hit The Dark Web:
___________________________________________________________________________________________

If you like this website and use the comprehensive 6,500-plus service supplier Directory, you can get unrestricted access, including the exclusive in-depth Directors Report series, by signing up for a Premium Subscription.

  • Individual £5 per month or £50 per year. Sign Up
  • Multi-User, Corporate & Library Accounts Available on Request

Cyber Security Intelligence: Captured Organised & Accessible


 

« The Back Door Threat To Cybersecurity
British School Childrens' Confidential Data Dumped »

CyberSecurity Jobsite
Check Point

Directory of Suppliers

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

ZenGRC

ZenGRC

ZenGRC (formerly Reciprocity) is a leader in the GRC SaaS landscape, offering robust and intuitive products designed to make compliance straightforward and efficient.

BackupVault

BackupVault

BackupVault is a leading provider of automatic cloud backup and critical data protection against ransomware, insider attacks and hackers for businesses and organisations worldwide.

North Infosec Testing (North IT)

North Infosec Testing (North IT)

North IT (North Infosec Testing) are an award-winning provider of web, software, and application penetration testing.

Alvacomm

Alvacomm

Alvacomm offers holistic VIP cybersecurity services, providing comprehensive protection against cyber threats. Our solutions include risk assessment, threat detection, incident response.

SRI International

SRI International

SRI International is a research institute performing client-sponsored R&D in a broad range of study areas including computing and cybersecurity.

Redicom

Redicom

Redicom is an independent consulting agency focusing on identity management, strong authentication and single-sign-on.

Pole SCS (Secure Communicating Solutions)

Pole SCS (Secure Communicating Solutions)

SCS is a world-class competitiveness cluster dedicated to digital technologies in the fields of Microelectronics, Internet Of Things, Digital Security, Artificial Intelligence And Big Data.

International Federation of Robotics (IFR)

International Federation of Robotics (IFR)

The International Federation of Robotics connects the world of robotics around the globe. Our members come from the robotics industry, industry associations and research & development institutes.

Spherical Defense

Spherical Defense

Spherical Defense offers an alternative approach to WAFs and first generation API security tools.

Zen360Consult

Zen360Consult

Zen360Consult provides Advisory and Training services in the field of Cyber Resilience, which includes Cyber Security /ISMS and Business Continuity.

Lepide

Lepide

LepideAuditor is a powerful Data Security Platform that enables you to reduce risk, prevent data breaches and prove regulatory compliance.

Cyber Risk Aware

Cyber Risk Aware

Cyber Risk Aware provide a security awareness and phishing simulation platform that focuses on real threats and educates and empowers employees to be the first line of defence.

MAXXeGUARD Data Safety

MAXXeGUARD Data Safety

MAXXeGUARD: The High Security Shredder. MAXXeGUARD easily destroys hard disks up to the highest security levels as well as other digital data carriers like SSD’s, LTO’s, USB’s, CD’s etc.

Dataships

Dataships

We help companies automate their privacy compliance while building healthy, transparent data relationships with their customers.

WithSecure

WithSecure

WithSecure (formerly F-Secure Business) is your reliable cyber security partner, providing outcome-based cyber security that protects and enables operations.

Integris

Integris

Integris offers best-in-class services like dedicated vCIOs, specialized security and compliance advisory services, a 24/7 help desk, and more.

MIS Solutions

MIS Solutions

MIS Solutions is a managed cloud and IT security partner making technology work for you.

Beaming

Beaming

Beaming is an established Internet Service Provider for businesses across the UK. We deliver reliable voice, data and managed services, including cybersecurity.

Metrodata Group

Metrodata Group

PT. Metrodata Electronics, known as Metrodata Group, is the leading information communication technology company in Indonesia.

Gcore

Gcore

Gcore is an international leader in public cloud and edge computing, content delivery, hosting, and security solutions.