Spyware, viruses, & security forum: NEWS - December 23, 2013

by: Carol~ December 23, 2013 3:01 PM PST

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NEWS - December 23, 2013

by Carol~ Moderator - 12/23/13 3:01 PM

Non-US Cards Used At Target Fetch Premium

An underground service that is selling credit and debit card accounts stolen in a recent data breach at retail giant Target has stocked its virtual shelves with a new product: Hundreds of thousands of cards issued by non-U.S. banks that were used at Target across the United States during the retailer's 19-day data breach. It's not clear how quickly the non-U.S. cards are selling, but they seem to be fetching a much higher price than those issued by U.S. banks.

On Dec. 20, this blog published a story about the "card shop" rescator[dot]la. That piece explained how two different banks — a small, community bank and a large, top-10 bank — had bought back their customers' stolen cards from the fraud service and discovered that all of the purchased cards had been used at Target during the breach timeframe. The shop was selling data stolen from the magnetic stripe of each card, which thieves can re-encode onto new, counterfeit cards and use to go shopping in bricks-and-mortar stores for items than can easily be fenced or resold.

Continued : http://krebsonsecurity.com/2013/12/non-us-cards-used-at-target-fetch-premium/

Related:
Cards pilfered in Target breach for sale in underground markets
Experts Debate How Hackers Stole 40 Million Card Numbers from Target
Target says sorry again, offers 10% off and free credit monitoring

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