Bank Info Security cites Flashpoint’s analysis of the BidenCash carding market.
“Like any offering of free samples, the goal is to attract new customers to the storefront.”
Flashpoint told Bank Info Security that the BidenCash marketplace leaked millions of near-expiration payment cards as a marketing tactic.
What did BidenCash release, according to Flashpoint?
BidenCash leaked details for roughly two million payment cards as a promotional stunt.
Flashpoint assessed that many cards were near expiration or already invalid, limiting real fraud value.
Why does this matter to the financial services sector?
Carding markets use free data dumps to attract new buyers in a highly competitive underground economy. As legacy marketplaces collapse, newer platforms rely on publicity tactics to rebuild trust and volume.
How does the Flashpoint Analyst Team track carding markets like BidenCash?
Flashpoint monitors underground forums, card shops, and Telegram channels to assess card validity, volume, and market share. This intelligence is detailed in Flashpoint’s analysis of carding ecosystems, including the BidenCash card shop threat landscape.
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