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More People Busted With Credit-Card Numbers From TJX Breach
from the cha-ching dept
The Secret Service has busted four people in Florida, and recovered 200,000 credit cards from the TJX breach that was disclosed earlier this year. Recovering the credit-card numbers at this point does little more than link the fraudsters to the breach, but they're said to have been used to rack up more than $75 million in fraudulent charges. The people busted here didn't apparently participate in the theft of the credit-card data, but bought them from "known cybercriminals in Eastern Europe" and then used the numbers to make counterfeit cards. In any case, they're way more productive than another group of Florida scammers busted back in March, who only managed to rack up $8 million worth of goods at Sam's and Wal-Mart. Since banks get left holding the bag for this type of fraud, expect more lawsuits as they look to recover their losses from TJX's astounding level of incompetence.
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So let me get this straight...
The theives use it themselves or sell it.
The thieves or the ones who tried to use the data are arrested.
Banks try to sue the credit card company is question
What I want to know (and I think I already do) is other than a free year of credit monitoring what will the people whose data was stolen (leaving them just as, if not more, victimized as the credit card company and the banks) get if this lawsuit were to go down in favor of the banks.
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Re: So let me get this straight...
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Change your information
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its the ones who just wave thier credit cards without any type of checks by the cashiers that are getting you...
this way if there is a future breach and info is stolen..EVERYONE's CODE IS RESET! they must go online or call and change thier code before the card can be used again.. basic security vs having no security...
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It Happened to Me
Dave
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It Happened to Me
Dave
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