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Research from various sources, including Michigan State University and F-Secure , details the mechanics of these marketplaces:
: In contrast, 83% of "card-not-present" data (used for online shopping) was sold, indicating it is in much higher demand and shorter supply. buy stolen credit card numbers online
: The shop listed over 19 million unique cards , but customers only bought 40% of the magnetic stripe data (used for physical counterfeit cards). Research from various sources
: Buyers often paid more for cards from specific banks they perceived as having weaker fraud countermeasures . How the Underground Market Operates including Michigan State University and F-Secure