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by Raphmedia
2761 days ago
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The internet is based on trust. There is nothing stopping anyone that has an e-commerce website from recording a clear version of your passwords along with all of your billing address and credit card informations. There's no audits or anything. |
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Credit Card companies are very good at identifying the source of the leak from only a handful of fraud complaints you’ll be surprised how few places would be shared across even a small batch of cards say <50.
If the retailer is large enough to make an impact they’ll get caught and dealt with very quickly and the value of credit cards and matching PII/CHD today is very low a few million cards might be worth only a few 1000’s of dollars depending on their age, source and estimated credit limit.