Is Clop ransomware the response to the financial authorities faster?

It has been announced three times by the Clop ransomware hacker agency, which adopts a double threat’ method by reporting device malfunction and hijacking data targeting E-Land Community. While a total of 300,000 card details has been leaked on the dark web, the reaction is slowly accelerating by financial authorities and credit card firms.

As we know: The Clop ransomware organization released 100,000 card data after uploading a card sample on December 2, alleging to have been stolen from E-Land Community on the 3rd. Then all 300,000 card numbers could be accessed from the Dark Network after a one-week hiatus, 100,000 for 10 and 11 consecutive days.

In comparison, ‘502 Bad Portal’ exists if you press the link to retrieve the card data submitted by the new ones. This is an error message that mostly describes the overload state of the server due to visitor congestion, implying that at the moment there are so many users attempting to retrieve the content. This may be the opinion of experts in defense. This paper and several security analysts have emphasized that on many occasions, financial authorities and credit card firms should examine and take action on card details.

Financial regulators such as the Financial Services Commission (hereinafter referred to as the Financial Services Commission) and credit card firms are now getting a reaction, as if they were aware of this critique. The card details revealed on the dark web includes card numbers and expiry dates as a consequence of checking approximately 100,000 card information disclosed on the dark web on December 3 via the Financial Services Administration, the Credit Association, and credit card firms. CVV (CVC) details and online payment passwords were however, not disclosed.

In comparison, valid card information except cards that can not be used such as reissuance/suspension, deletion, expiry of validity, etc. is around 36,000, comprising 36 percent of the total, among 100,000 card information. It has been announced, besides card details, that there are around 13,000 cases of card information whose source is undisclosed.

The Financial Services Commission has therefore finalized the Recommendations for the substitution of 23,000 cases of card details pertaining to the unauthorized circulation and outflow of all valid cards with tight supervision by the Wrongful Use Monitoring Scheme (FDS). The company announced that it plans to take steps such as customer verification and re-issuance advice via the tracking and blocking process through FDS for 13,000 cases of missed valid card information.

The Financial Services Commission explained As a result of analysis through the Financial Security Service, the Credit Finance Association, and the FDS of credit card companies, it has been confirmed that there have been no fraudulent transactions that occurred on valid cards from the date of issue to December 9th.”

“Since the 10th, card providers have taken steps such as disclosure and re-issuance of dark web card information to consumers. And if card information is constantly leaked in the future on the dark web, by checking the information and running the fraud protection scheme, the card We expect to prevent harm (FDS). However if the card information is used to validate unauthorized use the finance institution will refund the customer for the loss in full, in compliance with the applicable legislation. I’m going to do that.’

However it is not yet clear how much card data has been collected from E-Land Company clients, which has various outlets, including NC Department Store, Kim’s Club, New Core Outlet, and brands of garments and miscellaneous products.

Furthermore, it is pointed out that the testing of the remaining 200,000 cases could continue quicker, since only 100,000 of the 300,000 cases revealed on the dark network were confirmed.