Cybercrime-as-a-service economy driving bank and retailer data breaches

Stolen credit and debit card details are being hawked for as little as $5 per account on the dark web, according to research from Intel Security.

With data breaches two-a-penny in the US, the average estimated price for hijacked debit and credit card information ranges from just $5 to $30 for US account holders. Prices in the UK and Europe start at $25, rising to a maximum $45.
Prices rise when the offering includes additional information that allows criminals to accomplish more things with the core data. This includes data such as the bank account ID number, the victim’s date of birth, and information categorised as “Fullzinfo”, including the victim’s billing address, PIN number, social security number, date of birth, the mother’s maiden name, and even the username and password used to access, manage, and alter the cardholder’s account online.
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Source: http://finextra.com/

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