Stolen credit card data cheap on cyber-black market
The black market economy of the cyber-world is always busy, especially in an age of massive data breaches like the ones that occurred at Heartland Payment Systems and Hannaford Brothers.
According to research from Kaspersky Lab posted Aug. 17, U.S. credit cards are not worth as much as you might think. While analyzing malware, Kaspersky Lab virus analyst Dmitry Bestuzhev came across a Website with pricing information for the credit cards swiped by cyber-crooks. The highest prices belonged to German credit cards, which sold for $6 (USD) a piece. U.S. Visa cards sold for $2.
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