Underground cybercrime shops that sell credit and debit card accounts stolen from retailers are slashing prices and promoting their own Black Friday and Cyber Monday sales as fraudsters gear up for the busy holiday shopping season.
Card data stolen from main street retailers, a.k.a. “dumps,” is sold to crooks who encode the numbers onto new plastic and go shopping for high-priced electronics and gift cards at big box stores. Other shops sell mainly stolen card numbers, expiration dates and card security codes that can only be used to shop at online retailers.
Have a look at the slide show below, which features multiple advertisements pushed out by some of the most bustling crime shops competing for buyers with discounts and promotions. You might have to scroll down a bit to see the slideshow. Advance the slides by hovering over the right edge of the image and clicking the arrow that appears.
It’s nearly impossible for consumers to tell how secure a main street or online merchant is, so it’s best just to shop as if they’re all compromised. That is, if you have the choice between using a credit or debit card, shop with your credit card. Continue reading →