In this episode, the hosts discuss the high rate of credit card fraud and the risks involved in buying stolen credit cards. They introduce Jonathan, a web scraper who can track stolen credit cards on the darknet by monitoring skimmed web pages.
Learn about the second data track of credit cards and how some fraudsters use it to sell counterfeit cards.
Jason England, a professional card mechanic, talks about the process of making cards and the importance of auditing them to maintain their integrity.
The podcast discusses how credit card data is encoded on tracks 1 and 2 and the difficulties in properly encoding blank cards in a functional way.
Cam, a hacker, explains his process of buying and stealing credit card information, including his use of a debugger to search for strings matching a specific algorithm. He also addresses the question of credit card software security in databases.
FTX US is facing challenges due to its "tainted" brand, lack of separation between entities, and possible governance issues, including the appointment of a head of compliance with a controversial past at a poker site that engaged in fraudulent practices.