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COVID-19 Breach Bubble Waiting to Pop? Krebs on Security

Global lockdowns from COVID-19 have resulted in far fewer fraudsters willing or able to visit retail stores to use their counterfeit cards, and the decreased demand has severely depressed prices in the underground for purloined card data. Meanwhile, the supply of stolen card-not-present data has remained relatively steady. But fraud experts say recent developments suggest both trends are about to change and likely for the worse. A 10-month-long card breach at dozens of Chicken Express locations in Texas and other southern states saw an estimated 165,000 cards stolen from eatery locations recently go on sale at one of the cybercrime bazaars.”]

Source: https://krebsonsecurity.com/2020/06/covid-19-breach-bubble-waiting-to-pop/

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