SC Media Cites Flashpoint: BidenCash Leaks 2M Payment Cards

March 6, 2023

SC Media cites Flashpoint’s analysis of the BidenCash card dump.

“Given that a typical release among carding marketplaces is approximately 40,000 stolen credit cards, BidenCash’s release marks one of the largest observed over the past year.”

Flashpoint assessed the BidenCash data dump as a deliberate marketing tactic and one of the largest carding releases observed in the past year. SC Media reports the leak underscores how card shops use free data to attract new criminal customers while enabling downstream fraud.

What did Flashpoint determine about the BidenCash card leak?

Flashpoint assessed the BidenCash dump as one of the largest carding releases observed in the past year. The firm noted that a typical card shop release contains roughly 40,000 cards, making this incident highly anomalous in scale.

Why does this matter for fraud and financial institutions?

Large “free” card dumps increase downstream fraud and victim targeting. SC Media reports that even expired or near-expiry cards can be repurposed for identity theft, phishing, and follow-on financial crime.

How does the Flashpoint Analyst Team track carding marketplaces like BidenCash?

Flashpoint monitors underground forums, card shops, and leak campaigns to understand fraud enablement and market behavior. This activity is detailed in Flashpoint’s analysis of BidenCash and the broader carding ecosystem in this threat landscape report.

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