BriansClub is one of the most famous underground marketplaces for stolen credit card information.
The website has been around since 2015. It has been consistently active throughout the years with little disruption.
BriansClub facilitates the trade of stolen credit cards, fullz, CVVs, and dumps. This encourages cybercriminals to continue doing what they are already doing.
Because of such dark web marketplaces, it is estimated that there was a $32 billion credit card fraud.
In this blog, we will discuss how Briansclubcm.co monetizes stolen credit card data and how it helps cyber criminals to keep hurting other people.
BriansClub is a dark web marketplace where cybercriminals buy and sell stolen financial and personal information. It is a big marketplace with almost a decade in business. Though there was a crackdown on the website in the past, they have been online and active for all these ten years.
Screenshot of the Briansclubcm.co (Briansclub) Login Page
BriansClub operates at a massive level. A 2019 data breach showed that they had a pool of over 26 million credit card data.
They have a presence in North America, Europe, and most of Asia. Most of their victims are Americans and Europeans.
The dark web is the part of the web that Google doesn’t index. It means that you can’t find a dark web entity with a Google search. Tor is a software used to access the dark web.
The dark web is usually hard to access and hidden from the public eye. Dark web marketplaces are used for all the bad purposes and there is an illegal trade of almost everything going on there.
One of the most popular commodities on the dark web is stolen credit card data. The estimated value of the dark web transactions in 2023 was about $6.7 billion.
BriansClub uses these monetization strategies to make money selling stolen financial information.
Selling Stolen Data
The main source of BriansClub income is selling stolen credit card data. Briansclubcm.co is basically a marketplace for selling and buying stolen credit cards.
The average price per stolen card ranges from $5 to $100 based on the card type and the amount of details it comes with.
Fraudulent Transactions
For high-end and the most valuable stolen financial information, Brians Club directly performs some of the fraudulent transactions itself.
Approximately 80% of all attempts at using someone else’s credit card are successful.
Affiliate Programs
BriansClub promotes its services to new cyber criminals with an affiliate program. This helps the forum get new people to its website regularly. We researched and found that affiliates can earn up to 30% commission.
A Screenshot of the Briansclubcm.co (Briansclub) Register Page
Though they do it for all the wrong reasons, Briansclubcm.co does operate like a serious business. They have all the policies in place that would increase their business and keep cybercriminals interested in them.
Payment Processing
BriansClub only accepts payment from cryptocurrencies. If a payment method can be anonymous, that has to be cryptocurrency.
This payment processing technique protects both sellers and buyers. Perhaps the use of cryptocurrency is one of the reasons BriansClub has lasted this long.
Security Measures
BriansClub is a step ahead of the law. You see they have been caught only once and their website was down for only a few months in the last decade of their operations.
It seems like Briansclubcm.co has a decentralised approach to security. If one of their domains gets lost, they quickly popup from another mirror site. Authorities are still unable to understand their security measures. The news is, they are Russians so American authorities can’t attack them directly.
BClub cm greatly harms individuals and businesses by hurting their finances, destroying their credit scores, ruining their credibility, and sometimes, running their businesses into the ground.
Financial Impact on Individuals
Individuals face big losses as a result of financial crimes, which BriansClub facilitates. Individual victims bear direct financial losses, credit score losses, and identity theft. They usually also have to face liabilities that they didn’t create, like credit taken in their name or wrongful purchases.
The estimated average loss per victim due to credit card fraud is $1000.
Business Implications
Most data breaches happen at financial institutions, banks, large businesses, and e-commerce websites.
A data breach harms that business’s reputation and credibility. It reduces people’s trust and they lose business. Also, once under a breach, businesses have to pay hefty sums to create a working security setup to restore that lost trust.
With each new breach, governments increase regulations and make businesses invest in their cybersecurity setup.
A data breach harms a business in many ways, above are just a few of them.
BriansClub is a marketplace to buy and sell stolen credit card data. It offers anonymity and protection to cybercriminals and helps them make money out of their illegal activities. Stolen credit cards, fullz, dumps, and CVVs are a few of the products being sold on this dark web marketplace.
Though authorities are taking action to stop such marketplaces, people need to take responsibility for their cybersecurity. Everyone should use strong passwords, be cautious with whom they share their private information, and regularly monitor their bank statements & credit score reports to spot any suspicious activity.
Authorities also need to do more to tackle cybercriminals. Their efforts seem only half-hearted at the moment.
