Credit cards Updated:
Police have shut down a website believed to promote credit card fraud.
The Serious Organised Crime Agency's (Soca) investigation into the Darkmarket site resulted in 60 arrests around the world, including some areas across the UK.
Criminals are said to have been using the site to exchange information about people, as well as how to commit various types of online fraud.
And Soca revealed that one person who had been arrested had spent £250,000 on personal data, which could in turn have been used to obtain up to £10 million.
The site had been running for three years and "enabled a whole range of criminal activities, from how to go about stealing data to how to make the best use of it once it had been stolen", stated a spokesman.
Next week UK payments association Apacs will launch a campaign aimed at highlighting the need for credit card customers to protect themselves online.
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.