Cybercriminals operating on the dark web have reportedly developed a fresh way of conducting gift card fraud by using automated bots to scour the web and locate legitimately-issued cards that remain unused, security researchers have found. The sale of gift cards has long existed on dark web marketplaces, often used to by hackers to “cash out” after stealing financial information. “Carded” gift cards – those purchased with stolen financial details – are typically sold for a fraction of their real-world value.
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ORIGINAL SOURCE: IBTimes