Stolen Target Credit Cards Available on Black Markets Everywhere
More bad news for folks who used their credit cards at Target during the holiday shopping season. Many of the 40 million credit cards that the company says were part of the data breach are already for sale on black markets around the world.
That report comes from KrebsonSecurity, the website run by cyber-security reporter Brian Krebs, who initially broke the story about the Target breach.
On Friday, Krebs posted another story detailing how he had tracked down phony cards made using information that was stolen as part of the Target data breach:
“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.”
More: Stolen Target Credit Cards Available on Black Markets Everywhere