Target Hackers Have More Data Than They Can Sell

itwbennett writes "The hackers who stole millions of credit card numbers from Target customers are probably 'laying low knowing that everyone is looking for them,' says Alex Holden, who runs cybercrime consultancy Hold Security. But it's also likely that they can't sell them: 'You can imagine that having a lot of stolen credit cards will not net the hackers, say $35 per card for all 40 million,' said Holden. 'Even if the hackers are willing to sell cards for $1 a card, no one will buy the stolen goods in these amounts.'"

Comments

Re:Uh, it's not 40 million...

[cusco]

Our banks are run by people who play "executive musical chairs". If something will save the bank a million dollars over the next ten years, but nothing for the first three years, it won't get implemented because the executives will have rotated out to another company by the time the savings could affect their quarterly bonuses. Chip and pin would cost the banks money to implement, so it won't happen until you get a set of executives who can see further than the next board meeting.