FBI’s IC3 report says Americans lost over $12 billion to financial cybercrimes in 2023.
These cyber crimes originate from the dark web, and the proceeds of their crimes end in underground marketplaces like BriansClub.
Such marketplaces give cybercriminals a place to do business without revealing their identity. Cyber crimes have increased since selling stolen information has become easier with such underground forums.
We focus on BriansClub specifically because it is one of the biggest underground markets for the trade of stolen credit card information, bank details, and identity theft.
It is also worth noting that a 2019 hack into BriansClub revealed the enormous size of their database, which was 26 million credit card records at that time.
Let’s discuss what Briansclubcm.co is, what their products are, and how they are facilitating the illegal trade of stolen credit card data
What is BriansClub?
BriansClub is an underground marketplace for stolen credit card data. Cybercriminals sell stolen information to interested parties on this platform.
Many sources tell us that BriansClub was started in 2015. However, it came to the spotlight after the 2019 data breach when a hacker got into their system and leaked about 26 million credit card data. Their database’s sheer size was alarming, forcing authorities to take some action. Still, the website was live again in a few months.
Briansclubcm.co is notorious for its operations. It sells all types of stolen credit card information, also called carding. Their marketplace has gained a ‘reliable’ status among their sellers and buyers. It’s shocking that cybercriminals, who steal other people’s information, trust BriansClub to protect their identity.
Undoubtedly, BriansClub is one of the largest forums for carding in the world.
BriansClub Products
Brians Club offers a full range of ‘carding’ products, including credit card dumps, Fullz, Track1 & 2 data, and bank login information. Let’s look at each of their products and how much it costs.
Credit Card Dumps: The most popular of their products, credit card dumps pack credit card information only, like credit card number, CVV, issuance and expiry date, etc. Sometimes, they also deliver that magnetic stripe of the credit card. This information is then used to create duplicates of these stolen credit cards.
Fullz: Fullz is short for ‘full information’. This product has credit card information and personal information like name, address, phone number, social security number, and more.
Track 1 and Track 2 Data: This is the fancy name for the credit card magnetic stripe information. Track 1 is alphanumeric information that includes almost everything about the credit card owner and issuer. Track 2 information has only the numeric details like credit card number, expiry date, etc.
Bank Login Information: One of the most damaging for the victim, bank login information gives cyber criminals access to the victim’s bank. There, cybercriminals can wreak havoc.
Table 1: Common Prices on BriansClub
Product | Price Range |
Credit Card Dumps | $10-$150 |
Fullz (full information package) | $30-$250 |
Track 1 & 2 Data | $20-$100 |
Bank Login Information | $100-$500+ |
Note: These prices are only ranges. We don’t know for sure about current prices. This range is based on the published prices on their website.
How Does BriansClub Operate?** (200-250 words)
BriansClub was only available in the dark and could only access it with Tor. However, they have also opened a door for the public on the surface web.
Registering on BriansClub is a straightforward process, a factor that has significantly contributed to its rapid growth. All it takes is an email address and a cryptocurrency wallet. However, it’s worth noting that the platform rigorously verifies all information uploaded by sellers.
Briansclubcm.co uses heavy encryption to protect its users and data and maintain anonymity. For the same reason, everyone is required to buy/sell using cryptocurrency. They even offer escrow services to facilitate buyers/sellers.
Bitcoin is the most popular method of payment.
The Role of BriansClub in Cybercrime** (200-250 words)
BriansClub directly promotes cybercrime by providing them with a safe place to transact. It encourages cybercriminals to continue their work and helps them get paid for their dirty work.
Economic Impact
Bclub cm makes a big dent in the financial system. It is responsible for over $400 million in losses to financial institutions and individuals.
BriansClub acts as a hub and delivers stolen information to other illicit marketplaces.
Global Reach
Briansclubcm.co is not limited to the USA or North America only. They also have a presence in much of Europe and Asia. They have a global reach.
Collaboration with other Cybercriminals
Briansclub works with other underground marketplaces to get data and attract more customers. You can say that it is feeding the criminal ecosystem with resources, including information and new people.
Conclusion
Understanding how Briansclub works is important for individuals and financial institutions as the forum harms both.
BriansClub operates on a global scale. They focus on the USA and Europe but also have a presence in much of Europe and Asia.
Authorities and financial information are aware of this risk. However, individuals must be taught about Briansclubcm.co and how it can cause financial losses.
Only with better security measures at individual level, can we reduce their impact.