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The dark web can be a weapon against payment fraud

The dark web can be a weapon against payment fraud

The dark web — a network of encrypted websites, invisible to traditional search — provides a safe haven for criminal activity and is a storehouse for compromised credit card data and personal identifying information, or PII. For financial institutions, the dark web has come to represent an ongoing threat. However, shouldn’t FIs keep their friends close and their enemies closer? Can the dark web be used to fight fraud as much as it can be used to carry out fraud?