The price of stolen credit cards dropped as the risk of bogus sales increased.
According to research by Michigan State University associate professor Thomas Holt, University of North Carolina assistant professor Olga Smirnova and Yi-Ting Chua of Michigan State University of the machinations of carding markets and discovered a slight drop in the overall cost of cards, known as dumps, and were examining carder forums as Tor hidden services.
Holt will this week present further developments at the Breakpoint security conference in Melbourne, where he will explain how law enforcement could use vendor reputation scoring to target the top criminals.
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