Cyber Risks · Krebs on Security

Data: E-Retail Hacks More Lucrative Than Ever

Summary: Gemini Advisory reports that over the past year demand for card-not-present data (CVVs) has outstripped supply, roughly doubling its average price and bringing it in line with dumps, which have long sold for $15-$20 per card. Gemini saw about 66 million new dumps and roughly half as many CVVs appear on underground markets in that period, and its data suggested Ticketstorm.com had been compromised for more than two years, yielding about 4,000 CVVs per month and roughly 35,000 accounts since February 2017.

Why it matters: A Thales eSecurity survey cited in the article found 50 percent of medium and large online retailers acknowledged being hacked, more than two and a half times the prior year, and small merchants like Ticketstorm can leak customer cards for years before anyone notices.

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Topics
Data Breaches
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