Sunday, May 08, 2011

How Credit Card Data Is Stolen and Sold - NYTimes.com

http://bits.blogs.nytimes.com/2011/05/03/card-data-is-stolen-and-sold/?partner=rss&emc=rss

OMG! The bottom fell out of the stolen credit card market!

"Hackers who claim they are responsible for the Sony breach wrote on underground forums last week that they had access to over 2.2 million credit cards. If these millions of new stolen cards were sold online, the price could fall to well below the standard rate to as low as $1 or $2 each."

I'm not laughing, as someone tried to hijack one of my credit cards last week.
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