Sony Security Problems Could Hurt Hackers Too

May 5, 2011 -

As hard as it is to believe, hackers may actually suffer from Sony's massive security breach that has seen 102 million users worldwide compromised. According to a New York Times Bits blog report, the massive amount of credit card numbers being flooded into the lucrative black market could bring the price of illegal credit card sales down dramatically.

According to the NYT, hackers who resell personal info and credit cards do not look kindly on what will happen if those responsible for Sony's security breach decide to sell all of it on the black market. Typically stolen credit card numbers sell for around $5 - $10 each (according to an anonymous source familiar with the black market). If millions of new card numbers flood the market, it could bring the value down to a paltry $1 - $2 each.

"We’re keeping a close eye on the Sony story as it would drastically affect the resale of other cards," an experienced hacker based in Europe who declined to share his name due to the nature of his work told the NYT.

Kevin Stevens, a senior threat researcher at Trend Micro, said in an interview last week that there is a lot of discussion in hacker forums about the Sony data breach. Several "credit card dealers" expressed concern that the influx of millions of credit cards would flood the market and lower prices, he said.

I would like to say that I feel bad for these people, but I don't. It should also be noted that buying this data right now would be like buying the Mona Lisa a day after it was stolen. In other words: many eyes are watching all over the world.

Source: NYT by way of Kotaku


Comments

Re: Sony Security Problems Could Hurt Hackers Too

Hackers are just regular criminals. We tend to think of them differently just because they're smart! But just because they CAN do something we can't doesn't mean they SHOULD. I don't feel sorry for them!

Re: Sony Security Problems Could Hurt Hackers Too

...Are we supposed to be feeling sorry for hackers now? 

Re: Sony Security Problems Could Hurt Hackers Too

I sure as hell don't. They act big and tough across the net, but let them see that there are consequences.

Re: Sony Security Problems Could Hurt Hackers Too

Thank gosh I only used re-loadable cards at SoE. And well, just about anywhere.

I have no debit card attached to my bank account, lets me sleep easier at night.

Re: Sony Security Problems Could Hurt Hackers Too

Same here, or I just bought PSN cards.

Hunting the shadows of the troubled dreams.

Hunting the shadows of the troubled dreams.

Re: Sony Security Problems Could Hurt Hackers Too

This is what I did, and I'm glad I did it, and after this disastor, I will keep doing it.


Re: Sony Security Problems Could Hurt Hackers Too

I wonder how someone who sells millions of dollars worth of stolen credit cards explains how they're suddenly a millionare. Do they just say they won the lottery?

Re: Sony Security Problems Could Hurt Hackers Too

Money laundering, keeping it in cash, if they're smart they invest it in little increments to make it appear that they're using their own money to invest and such.

Not that I think that's gonna help them, mind. This has made a huge enough deal that I think whoever is behind this is going to be be dogged hard by law enforcement.

Re: Sony Security Problems Could Hurt Hackers Too

Not to mention pissed off users turning over any information they find.

Re: Sony Security Problems Could Hurt Hackers Too

If they're smart, I imagine they move to a tropical country with no extridition treaties to speak of before anyone notices.  Removes that need to explain anything.

===============

Chris Kimberley

===============

Chris Kimberley

Re: Sony Security Problems Could Hurt Hackers Too

Hehe, if it completely ruined that market I'd call it a win. Not to mention with who Sony is working with a crackdown could be coming.

Re: Sony Security Problems Could Hurt Hackers Too

Well, this article certainly wasn't what I thought it was going to be.

My first thought at this article's title? It's going to turn up the brightness of the spotlight that is on hackers, in that there's going to be more pressure to go after hackers of all kinds who break into systems illegally.

 
Forgot your password?
Username :
Password :

Poll

Which Feminist Frequency video are you looking forward to most?:

Shout box

You're not permitted to post shouts.
prh99http://io9.com/one-of-our-most-popular-special-effects-originally-came-1682151657 Looks like the 1988 anime, Akira and anime in general has effecting popular culture, at least when it comes to special effects.01/28/2015 - 12:26pm
Wonderkarpyeah. some people are salty over it. but that wiki article was filled with vitriol01/28/2015 - 12:06pm
prh99Yeah, I saw people complaining about that, claiming Wales was a hypocrite cause he supposedly removed some feminist editors.01/28/2015 - 11:57am
WonderkarpCivility, Wikipedia, and the Conversation on Gamergate https://blog.wikimedia.org/2015/01/27/civility-wikipedia-gamergate/01/28/2015 - 11:45am
Wonderkarpone thing that surprised me...theres a lot of expanded universe books for star wars, star trek, alien, even videogames like resident evil....why not ghostbusters? There's a comic series and cartoon but thats it01/28/2015 - 11:37am
prh99Well it is Hollywood, remakes are the one thing they can be relied on for.01/28/2015 - 11:34am
E. Zachary KnightSo you want a sequel and not a reboot. Fair enough. I think either could work as you have said yourself.01/28/2015 - 11:32am
Wonderkarpotherwise, let it lie. Next thing you know they'll remake/reboot Alien or Godfather01/28/2015 - 11:28am
Wonderkarpand Ghostbusters is my favorite movie and its aged well. it doesnt need a remake. Just like Psycho didnt need one. If they threw in Dan Aykroyd, kept the original tech, and acknowledged the old films without crappy easter eggs, I'd be on board.01/28/2015 - 11:27am
WonderkarpI dont like Reboots/Remakes. For every Batman begins or Invasion of the Body Snatchers, there's a million Robocops, King Kongs, Star Treks, Amazing Spidermans, Taxis, Clash of teh titans, planet of the apes, footloose.01/28/2015 - 11:26am
prh99Wonderkarp, what more do you need? It's been ~26 years, and Harold Ramis died last year. If they can make something decent, who cares?01/28/2015 - 11:19am
prh99I wonder if they will fall into the trap of making those items more scarce in game in order to get people to pay.01/28/2015 - 11:14am
Wonderkarpso its not even ghostbusters then. just in name and concept only. you could call it ghost chasers or spook snatchers01/28/2015 - 11:09am
Andrew EisenKarp - According to the creative team, the new Ghostbusters is a new story, not a gender swapped rehash.01/28/2015 - 10:36am
WonderkarpMan. Resident Evil has fallen hard. I was a Huge fan in the late 90s. I think its time for a reboot. I was playing the hd remaster of the gamecube remake and the dialogue still sucks. Chris asking Rachel if she knows how to use a gun. SHE'S A COP!!01/28/2015 - 10:33am
E. Zachary KnightThe whole point of early Resident Evil games was to beat the game using only those weapons and ammo you could scavenge and use save files sparingly.01/28/2015 - 10:08am
E. Zachary KnightDoesn't the ability to buy health and weapons defeat the whole point of survival horror games?01/28/2015 - 10:07am
PHX Corphttp://www.gamerheadlines.com/2015/01/report-resident-evil-revelations-2-checkpoint-microtransactions/ Report: Resident Evil: Revelations 2 to Have Checkpoint Microtransactions01/28/2015 - 9:57am
Wonderkarpgoogle fiber coming to atlanta georgia. I'm gonna try to get a transfer to atlanta just to get google fiber. lol01/28/2015 - 9:13am
Wonderkarpotherwise Its just going to feel like another unnecessary reboot to me01/28/2015 - 9:09am
 

Be Heard - Contact Your Politician