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CC Data Prices Have Spiked!

Last updated on May 6, 2019

Photo by Two Paddles Axe and Leatherwork on Unsplash

The thievery of credit card data is nothing new. The average price value of stolen card data has ranged from $2-$8 per account. However, recently card values have spiked up to $15-$20 per card. Companies are getting better at protecting accounts from suspicious tickets but still, be mindful of non-chip-based purchases.

As KrebsonSecurity mentions, a likely cause for this spike is likely because the United States has yet to make the transition to chip-based cards. It is currently in progress, but many companies still need to complete the transition. Aside from non-chip-based cards, there are many companies who also do not process chip-based payments.

What this means is…be vigilant in where you use your card. There is a market for this data and criminals will be cunning in their method for obtaining your data. Things you can do to protect your data ranges from:

  • Use only chip-based cards.
  • Do not shop at companies that do not allow payment via chip.
  • Only shop at reputable trustworthy websites.
  • Monitor your accounts by reviewing monthly statements.

“When it comes to privacy and accountability, people always demand the former for themselves and the latter for everyone else.”
– David Brin

References:
https://krebsonsecurity.com/2019/04/data-e-retail-hacks-more-lucrative-than-ever/

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