In a major victory against cybercrime, the US government has partnered with law enforcement agencies in Germany and Austria to dismantle Try2Check, a platform used by criminals to verify stolen credit card numbers before selling them online. The operator of Try2Check, Denis Gennadievich Kulkov, has been indicted on charges of access device fraud, computer intrusion, and money laundering.
Try2Check processed tens of millions of stolen credit card numbers each year, making it a key enabler of the trade in stolen credit card information. The takedown of this criminal network demonstrates that the US government and its partners will disrupt cybercrime operations, regardless of their location.
Kulkov created Try2Check in 2005, which became a primary tool of the illicit credit card trade. Cybercriminals who acquired large batches of stolen credit cards would use the tool to determine what percentage of the stolen credit card numbers remained active. They then used the resulting data to show prospective buyers what percentage of the cards retained their value. The tool victimized not only credit card issuers and holders but also a major US-based payment processing company whose systems were misused to perform the card checks.
Try2Check ran tens of millions of credit card checks per year and supported the operations of major card shops that made hundreds of millions in bitcoin in profits. Kulkov made at least $18 million in bitcoin through the illegal operation of his websites, which he used to purchase luxury items, including a Ferrari.
This takedown highlights the need for businesses to take measures to protect against cybercrime, particularly for companies handling sensitive data. These measures include implementing security protocols, providing regular employee training on cybersecurity awareness, and performing regular security audits. Compliance with the Payment Card Industry Data Security Standard (PCI DSS) is also essential to prevent cybercriminals from exploiting vulnerabilities in payment processing systems.
At Armoryze, we understand the importance of maintaining full PCI DSS compliance to protect your business from cyber threats. Our team of experts is ready to assist you in achieving and maintaining this vital certification. Schedule a FREE consultation with our PCI expert today to take the first step in protecting your customers' data from cyber threats.