Thursday, April 16, 2009

Recession hits stolen credit card market

Over-exposure of the stolen credit card data, such as the magnetic stripe information, into the market has rendered this information almost worthless in the world of cybercriminals. In mid-2007, stolen credit card data was worth $10 - $16 per record. Now, this value of this data has dropped to less than $0.50 per record. Read the account here.

Are you kidding me?