Black Friday, Cyber Monday for Crooks, Too!
Summary: Underground cybercrime shops selling stolen credit and debit card accounts are cutting prices and running their own Black Friday and Cyber Monday promotions as fraudsters prepare for the holiday shopping season. The shops sell "dumps" - card data stolen from main street retailers that crooks encode onto new plastic to buy high-priced electronics and gift cards at big box stores - as well as card numbers, expiration dates and security codes usable only at online retailers.
Key Takeaway: Krebs advises shopping as if every merchant is compromised, because consumers cannot tell how secure a main street or online store is, and a debit card breach can empty a checking account with bounced-check fees and late-payment credit damage that banks will not reimburse.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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