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Credit card numbers up for grabs at Rs 16!

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Agencies

Posted: May 04, 2008 at 1346 hrs IST

New Delhi, May 4: Now you can buy credit card numbers or bank account details of stolen credit card numbers for as low as Rs 16 through underground online markets.

The credit card numbers are selling for USD 0.40 (Rs 16) to USD 20 (Rs 811) while bank account details are up for grabs at USD 10 (Rs 405)-USD 1,000 (Rs 40,550 ) in such forums.

If you are lucky enough then you might get combo offers of 50 credit card numbers for USD 40 (Rs 1,622) and 500 credit card numbers for USD 200 (Rs 8,110 ).

If you are still wondering what we are talking about then read along.

In the cyberspace there are Underground Economy Servers, which are black market forums used by criminals and criminal organisations to advertise and trade stolen information and services, typically for use in identity theft.

This information can include government-issued identification numbers such as social security numbers, credit cards, credit verification values, debit cards, personal identification numbers (PIN), user accounts, e-mail address lists and bank accounts.

The current rates for stolen credit card numbers range between 0.40 dollars (Rs 16) to USD 20 (Rs 811) while bank account details are available for USD 10 (Rs 405)-USD 1000 (Rs 40,550) per account.

E-mail passwords can cost as little as USD 4 (Rs 162) -USD30 (Rs 1,216). While full identities can be availed for $1 (Rs 40.5)-$15 (Rs 608.40), according to the data by the US-based IT security major Symantec Corporation.

"Everyone is aware of the existence of such servers but it is very difficult to track them or trace them in the cyberspace," says a security expert.

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