Hackers are trying to use credit cards stolen from Target

Just recently, hackers managed to steal the credit card info of over 40 million target customers and compromised cards are being marketed online with information on the state, city, and ZIP code of the Target store where they were used. Fraud experts say the location information will likely allow buyers of the stolen data to use spoofed versions of cards issued to people in their immediate vicinity.

The techniques used by hackers to access credit and debit card data from Target shoppers suggests that the cyber crooks have found a troubling new way to stay ahead of the latest fraud detection processes. Security blogger Brian Krebs, who first reported the Target data breach news earlier this month, said that compromised cards are being marketed online with information on the state, city, and ZIP code of the Target store where they were used.

Read full article

Comments