Inside the Underground Markets For Your Stolen Credit Cards🎙Darknet Diaries Ep. 32: The Carder

Inside the Underground Markets For Your Stolen Credit Cards🎙Darknet Diaries Ep. 32: The Carder

Source: YouTube · Jack Rhysider · published Jul 14, 2022 · 39:28

Cybersecurity
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Description

This Darknet Diaries episode explores how hackers steal and sell credit cards through online marketplaces when they can't cash them all out themselves 0:00-0:10.

Key Takeaways:
• Stolen credit cards are worth hundreds of dollars, representing actual money 0:00-0:05
• Hackers steal thousands of cards but lack time/capability to cash out on all of them 0:05-0:10
• They turn to online marketplaces to sell their cache of stolen cards 0:10-0:14
• In 2007, carding sites like Carder's Market, Carder Planet, and Carding World were the main marketplaces 0:49-0:54
• These sites required registration fees and had forums for buyers to find and purchase stolen cards 0:54-1:04

The episode follows host Jack Rhysider as he tracks down a hacker who specializes in stealing and selling credit cards 0:14-0:17.

Sources:

  • 0:00-0:10 Explanation of stolen credit card value and hacker limitations
  • 0:10-0:14 How hackers sell stolen cards through marketplaces
  • 0:49-0:54 2007-era carding marketplace names
  • 0:54-1:04 How these carding marketplaces operated
  • 0:14-0:17 Episode's mission to track down a carding hacker

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First 800 characters of the transcript

JACK: A stolen credit card can be worth hundreds 
of dollars. It’s actual money. When hackers steal thousands of them, they don’t have the time 
or capability to cash out on all these cards so they turn to online marketplaces 
to sell their cache of stolen cards. In this episode we’ll track down a 
hacker who’s stealing credit cards and selling them.
JACK (INTRO): [INTRO MUSIC] These are true stories from 
the dark side of the internet. I’m Jack Rhysider. This is Darknet Diaries. [INTRO MUSIC ENDS]
JACK: Carder’s Market, Carder Planet, Carding 
World. [DARK MUSIC] In 2007 these were the websites you’d go to to buy stolen credit 
cards. People would join the site. Sometimes there’s a registration fee. They’d look at the 
forum to find posts of things they want to buy and then agree to buy s…