Introduction to RussianMarket.to CC Shop to knowledge

For business owners, it is important to have knowledge about the existence, operation, risks, and impacts of RussianMarket.to in order to mitigate fraudulent risks and safeguard their enterprises.

Audience Target Research

Although CC shops principally trade with their unsuspecting business, customer, and financial institution victims, this business elicits unwelcome indirect consequences for those sectors that work on financial infrastructure. Among the more striking ones are:

•             Financial Analysts spend a considerable amount of time and resources understanding the magnitude of turbulence provoked by the illicit marketplace based on identity or financial data theft.

•             Business Owners have to control the possibility, and the consequences, of fraudulent breaches or RussianMarket.to-originated data abuse.

Russian market provides several types of services that can be implemented within the opaque business operations boundary of the ‘dark web’. The features and functionality are as follows.

1. Data Retrieved Outlined

•             Stolen information data:  

Criminals sell carding information that includes stolen credit card details such as; credit/debit card number, expiry date, cvv, but also the address of the card holder.

Bank account credentials along with personal identification information that can be leveraged for committing impersonation fraud.

Dumps - extracted unencrypted credit card data from compromised point of sale terminals.

2. Customer Facade and Convenience

•  Website provides/holds:  

Trustworthy ratings that make it possible for buyers to find data geographically or by card issuing bank.  

Current financial data which is credible. Buyers are sold fresh fraudulent financial data.  

3. Methods of payment receive

•  Primary means of payments:  

Payment methods are primarily done using cryptocurrency such as bitcoin and Montero. The identity of the seller and the buyer is concealed. 

4. Fraudulent Methods and Materials Available

•  Tools/products included:  

o Offerings usually include verifier tools, also known as; card checker software. A fraudster can verify which snippets of card credential are still valid.  

o Various types of credit card fraud tutorials are done for novice and experience cyber criminals.

Threats RussianMarket.to Pose to Businesses

1. Chargebacks or Financial Losses

When stolen cards are used for transactions within the systems of businesses, they incur chargebacks or other financial losses. There are numerous fraudulent purchases where the subscribers default. Merchants usually end up losing a considerable amount along with the monetized finance fraud.

2. Sale of Personal Consumer Data

With increased data breaches through unwarranted access to the systems of businesses, their private and financial details are often taken and sold on Russian Market too. Companies must take proper steps to leave no sensitive customer information to mitigate the risk of these leaks.