Buy Bitcoin & Ethereum instantly with a credit card Instant exchange of electronic currencies without registration.Sell Bitcoin & Trading Platform for professionals Earn 1% from the executing of your limit order.Bitcoin Ethereum Log in Email Password Captcha ?One time password Forgot password Email Captcha Account Your nickname: Post link to a profile to a social network YesNoBitcoin is often associated with illegal activity on the Internet, even though this does not make the digital currency more suited for criminal purposes compared to bank transfers or cash payments.Hackers target financial institutions and online shopping platforms in an attempt to breach their databases.Bank records of over one million consumers can be bought on the Internet for next to nothing.Bitcoin is among the accepted payment methods, although the bigger problem is how lackluster data protection allows for these breaches to take place.

Also read: Bitcoin Price Watch; 400 Broken!Cybersecurity is becoming a key point of focus for nearly any business in the world today, as hackers are becoming far more aggressive when it comes to breaching databases and stealing consumer details.When those details are sold on the internet – publicly, not on the dark web – things go from bad to worse in a heartbeat.Debit and credit card data is a prime target for hackers, as there is a growing demand in the criminal circuit for this type of information.This is particularly the case if hackers manage to obtain more sensitive information as well, including mother’s maiden names and social security numbers.With this arsenal of information, hackers can bypass most of the bank security questions, and wreak further havoc.Bestvalid.cc is the website claiming to sell information, including credit card numbers, social security numbers, birthdates, and much more.What makes this story even more worrying is how the website has been selling this type of information for more than six months and has still not been taken down by law enforcement.

But that is not all, as Bestvalid is offering credit card “packages” to its customers as well.Some of these packages will include most common answers to bank security questions.bitcoin roundupCustomers who purchase a package and find the information is not working will be eligible for refunds.bitcoin banco de portugalSelling credit card information has become a major business on the Internet as of late.bitcoin cabThe bigger concern is how so many sites prove to be vulnerable to these types of attacks.ethereal knives blockBritish ISP TalkTalk was hacked not too long ago, and financial information of thousands of consumers had been exposed to the assault.bitcoin paypal difference

TalkTalk also failed to adequately encrypt a lot of consumer data, which did not help matters either.Unlike most of the other online marketplaces for sensitive consumer financial information, Bestvalid is operating in the open.linux nvidia bitcoin miningA lot of people are questioning why law enforcement has not undertaken any effort to have this website shut down over the past eight months.ethereum mobile walletIt goes without saying this lackluster attitude by government officials is not sitting well with the general public.litecoin price calculatorOnline criminals prefer payment methods that will hide their real identity from the public at large.bitcoin ticker androidBased on many mainstream media articles, Bitcoin provides hackers with exactly this functionality, even though anyone in the world can trace a transaction on the blockchain without too much effort.

However, that transaction does not expose someone’s identity immediately.This is where government officials and law enforcement run into some trouble, as they perceive Bitcoin as a currency that can not be traced.Unfortunately for them, Bitcoin can be traced easily, as all of the funds movements are logged on the blockchain in real-time.Tracking where the funds are going to takes a few seconds, which will lead the investigation to an exchange wallet if the hackers try to cash out their bitcoins.At the same time, Bitcoin proves yet again why it is such a viable alternative to traditional finance.Unlike credit and debit card payments, there is no sensitive user data transmitted when making payments.This does not mean users cannot include their details if they want to, but rather how this is not done automatically.Moreover, Bitcoin transactions do not contain information that can be used to mimic payments, as the private key associated with each address is not transmitted during the payment.

The main Valid Shop search screen.Credit: Easy Solutions , a security company demonstrated at the RSA security conference here Wednesday (Feb.Ricardo Villadiego, founder and CEO of Sunrise, Fla.-based Easy Solutions, showed a reporter how he could log into a "carder" site based in Russia, search for various kinds of stolen credit cards and quickly purchase them with one click.MORE: 12 More Things You Didn't Know Could Be Hacked The site even offered an instant validity check to make sure each stolen card was still valid, and an instant refunds if it wasn't."It's the Amazon of the cybercrime economy," Villadiego said.The site, Valid Shop, operates on the ".su" top-level domain, once reserved for the Soviet Union but now used by many shady sites.Accounts on Valid Shop can be bought with Bitcoins, and the front page even asks registered users to pass a CAPTCHA test to prove they're not automated scripts.The Valid Shop login screen.Credit: Tom's Guide Once inside, the user is presented with a sleek black interface, including navigation buttons for "News," "Buy," "Orders," "Billing," "Cart, "Services" and "Support."

The amount of money left in the user's on-site account displays in the top right.Searches for stolen card data can be fine-tuned according to type of card, bank name and country.Users can also check off what kind of additional personal information they'd like about card holders: address, email address, phone number, date of birth or "fullz" — the whole package.A list of the most recent stolen cards appears below the search fields, listing details of each including expiration dates, country, issuing bank, card spending level (regular, platinum, black, etc.), city and state.Villadiego said the column marked "database" indicated which "dump," or batch of stolen card numbers, each card belonged to.A drop-down menu allowed him to select individual databases and view its provenance, validity rate — which percentage of cards in the database were still valid — and when it was dumped onto the black market.Villadiego decided to search for Bank of America cards.A list appeared with the most valuable cards, in this case Bank of America platinum cards, at the top.

He decided to buy a Bank of America platinum debit card that belonged to a woman in Florida.The price: $4 plus a 20-cent surcharge for the search.After Villadiego paid for the card, the site took us to a new screen that displayed the card's number, expiration data and one of two card verification value (CVVs), and well as the holder's full name, full address and telephone number.Full information for a purchased stolen card, including validity-check and refund options.Credit: Easy Solutions On the right side of the screen were two buttons: "Check," which ran an instant validity check on the card, no different from the check a merchant would run while accepting the card from a customer; and '"Refund," which allowed the buyer to return the card if the validity check failed.Several things were missing from the card-information screen: the user's date of birth or Social Security number, which would have made the personal information much more valuable; and the debit card's PIN, which would have allowed ATM withdrawals from the holder's account.

But because debit cards can be used as credit cards, this card could still be "cloned" — its information placed on a blank card — for use in retail establishments.It also wasn’t clear which CVV was included with the card data — CVV1, which is hidden on the card's magnetic stripe and verifies to a retailer that the card is physically present during a transaction, or CVV2, which is printed on the card itself and which online and telephone-order retailers ask for during remote transactions.MORE: How to Protect Yourself from Data Breaches A victim who may never learn her card was stolen At a reporter's suggestion, Villadiego Googled the card holder's name and quickly found several social-media accounts.Personal details on a LinkedIn page matched those Villadiego had just bought from Valid Shop.Villadiego said it was possible that Bank of America already knew that this card had been stolen, but added that many card issuers don't replace most stolen cards, or even notify the users that the cards have been stolen.