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Did you know there’s a virtual online marketplace where hackers gather to buy and sell the fruits of their criminal labors? Think of Amazon or eBay — except the items customers put into their virtual shopping carts are stolen credit card.
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Stolen credit card. use stolen credit cards to buy stuff. Sure. But if the same person stole the card numbers and bought the stuff, they would be easily caught. Instead, baddies create rings. There are the people who buy and sell.
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And vendors who sell and install these machines at shops don’t simply flip the switch and turn on encryption. Retailers have to pay extra for basic security. Related: ‘Smart credit card’ terminals can be hacked too The major machine.
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