Stories
Slash Boxes
Comments

SoylentNews is people

posted by n1 on Thursday September 04 2014, @02:26PM   Printer-friendly
from the economic-sanctions dept.

Krebs on Security broke a story about Home Depot being breached, with an update stating that the banks believe the breach goes as far back as late April/early May.

Multiple banks say they are seeing evidence that Home Depot stores may be the source of a massive new batch of stolen credit and debit cards that went on sale this morning in the cybercrime underground. Home Depot says that it is working with banks and law enforcement agencies to investigate reports of suspicious activity.

[...]

In what can only be interpreted as intended retribution for U.S. and European sanctions against Russia for its aggressive actions in Ukraine, this crime shop has named its newest batch of cards “American Sanctions.” Stolen cards issued by European banks that were used in compromised US store locations are being sold under a new batch of cards labeled “European Sanctions.”

Home Depot's stock price also took a dive when the news was released.

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Friday September 05 2014, @05:56AM

    by Anonymous Coward on Friday September 05 2014, @05:56AM (#89710)

    You didn't lose an actual penny, but you are even more vulnerable to identity fraud because every place you have a store card now has a copy of all the information necessary to apply for credit in your name. Plus, that's only the most straight-forward risk, that information might be used to manipulate family members or to trick you into doing something that makes you more vulnerable at some point in the future. After all, your birthdate won't ever change and your home address and phone number don't change very frequently. CC#'s are the low-hanging fruit, but once that's plucked they will be looking for new ways to exploit stolen information.

  • (Score: 2) by frojack on Friday September 05 2014, @06:43AM

    by frojack (1554) on Friday September 05 2014, @06:43AM (#89714) Journal

    True. I'm pretty paranoid about all of that stuff.

    And when I say I haven't lost a cent, it wasn't exactly accurate because prices go up to cover fraud, and credit card clearing companies end up charging higher interest rates just to cover losses.

    --
    No, you are mistaken. I've always had this sig.