Credit and debit card accounts stolen in a recent data breach at retail giant Target have been flooding underground black markets in recent weeks, selling in batches of one million cards and going for anywhere from $20 to more than $100 per card, KrebsOnSecurity has learned.
No fucking way (pardon my French)!
I haven't seen anyone comment on this yet, but doesn't this seem incredible? I.e. I don't believe it.
Am I to accept that transfers of $20,000,000 to $100,000,000 ($20 to $100 times a batch of 1 million) are occuring in payment for these cards.
Bullshit. I just don't believe it. This theft is now widely known. So no way that someone is going to plunk down $100,000,000 just to get a small portion of this info.
I think what they mean is that you can buy 100 stolen cards for $2000. And they guarantee that those 100 are still good numbers because they check them right after selling them.
No one is buying them in the millions. But plenty would buy 10, 20, 50 good stolen card numbers.
No fucking way (pardon my French)!
I haven't seen anyone comment on this yet, but doesn't this seem incredible? I.e. I don't believe it.
Am I to accept that transfers of $20,000,000 to $100,000,000 ($20 to $100 times a batch of 1 million) are occuring in payment for these cards.
Bullshit. I just don't believe it. This theft is now widely known. So no way that someone is going to plunk down $100,000,000 just to get a small portion of this info.
Again, bullshit. IMO. It just doesn't make sense.