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Once on the site, users can search the positioning's huge database of stolen bank card info and buy individual card details or huge datasets. What’s funny to consider is the "format" of the card is irrelevant. You’ll nonetheless get arrested, however you’ll have a humorous story to share in prison. The examine, "Swiped: Analyzing Ground-fact Data of a Marketplace for Stolen Debit and Credit Cards," the first inside analysis of an underground market for stolen credit and debit cards, found that chip-enabled cards aren't any assure of security if owners still swipe the stripe: the investigators found that in the last two years of the leaked data, 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 nonetheless was a small however persistent provide of newly issued playing cards without chips, especially amongst pay as you go playing cards." He stated that such non-EMV accounts noticed a lot greater demand than EMV accounts and made up 30.4% of the illicit shop’s gross income after the legal responsibility shift

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